Grand Canyon Education (NASDAQ:LOPE) updated its FY20 earnings guidance on Wednesday. The company provided earnings per share guidance of $5.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.58. The company issued revenue guidance of $856 million, compared to the consensus revenue estimate of $858.17 million.Grand Canyon Education also updated its FY 2020
After-Hours guidance to 5.58-5.58 EPS.
Several analysts have recently weighed in on the company. BMO Capital Markets reissued an outperform rating and issued a $106.00 target price on shares of Grand Canyon Education in a report on Thursday, January 30th. Zacks Investment Research downgraded Grand Canyon Education from a hold rating to a sell rating in a report on Saturday, February 1st. Finally, BidaskClub raised Grand Canyon Education from a strong sell rating to a sell rating in a report on Saturday, February 15th. Two analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $123.75.
Shares of Grand Canyon Education stock traded up $1.65 on Friday, hitting $83.88. The stock had a trading volume of 1,019,325 shares, compared to its average volume of 822,098. Grand Canyon Education has a 52-week low of $76.48 and a 52-week high of $132.72. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 15.62, a P/E/G ratio of 1.01 and a beta of 0.66. The company’s 50 day moving average price is $88.93 and its 200 day moving average price is $98.80.
About Grand Canyon Education
Grand Canyon Education, Inc provides education services in the United States. It offers technology and academic, counseling and support, and marketing and communication services, as well as back office services, such as financial aid processing, accounting, reporting, tax, human resources, and procurement services to the Grand Canyon University.
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