Grand Canyon Education (LOPE) Projected to Post Earnings on Wednesday

Grand Canyon Education (NASDAQ:LOPE) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $2.93 per share and revenue of $289.62 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Grand Canyon Education Trading Up 0.4 %

Shares of NASDAQ:LOPE opened at $183.70 on Tuesday. The company has a 50 day moving average of $169.40 and a 200 day moving average of $154.52. The stock has a market cap of $5.35 billion, a P/E ratio of 24.14, a P/E/G ratio of 1.37 and a beta of 0.74. Grand Canyon Education has a 12 month low of $126.17 and a 12 month high of $185.52.

Wall Street Analyst Weigh In

LOPE has been the subject of a number of recent analyst reports. Barrington Research restated an “outperform” rating and set a $180.00 price target on shares of Grand Canyon Education in a research report on Monday, January 27th. BMO Capital Markets boosted their target price on Grand Canyon Education from $152.00 to $173.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com cut Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Friday, November 15th. Finally, Robert W. Baird boosted their price objective on Grand Canyon Education from $170.00 to $186.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th.

Insider Buying and Selling

In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $166.07, for a total transaction of $249,105.00. Following the completion of the sale, the chief technology officer now owns 21,174 shares of the company’s stock, valued at $3,516,366.18. The trade was a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.

About Grand Canyon Education

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.