Analysts’ expectations for Grand Canyon Education Inc (LOPE) stock: $170 price target in 12 months

A share price of Grand Canyon Education Inc [LOPE] is currently trading at $187.27, up 1.77%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LOPE shares have gain 2.83% over the last week, with a monthly amount glided 9.39%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Grand Canyon Education Inc [NASDAQ: LOPE] stock has seen the most recent analyst activity on May 03, 2023, when Barrington Research reiterated its Outperform rating and also boosted its price target to $140 from $130. Previously, Berenberg downgraded its rating to Hold on January 28, 2022, and dropped its price target to $86. On October 20, 2020, Berenberg initiated with a Buy rating. Sidoti upgraded its rating to a Buy but stick to its price target of $114 on September 11, 2020. Sidoti initiated its recommendation with a Neutral. Barrington Research reiterated a Outperform rating for this stock on November 09, 2018, and upped its price target to $150. In a note dated July 03, 2018, Piper Jaffray reiterated an Overweight rating on this stock and boosted its target price from $117 to $142.

Grand Canyon Education Inc experienced fluctuations in its stock price throughout the past year between $126.17 and $185.66. Currently, Wall Street analysts expect the stock to reach $170 within the next 12 months. Grand Canyon Education Inc [NASDAQ: LOPE] shares were valued at $187.27 at the most recent close of the market. An investor can expect a potential drop of -9.22% based on the average LOPE price forecast.

Analyzing the LOPE fundamentals

Trailing Twelve Months sales for Grand Canyon Education Inc [NASDAQ:LOPE] were 1.02B which represents 7.38% growth. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.3 and Total Capital is 0.3. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 182.90 points at the first support level, and at 178.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 191.91, and for the 2nd resistance point, it is at 196.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Grand Canyon Education Inc [NASDAQ:LOPE] is 3.69. As well, the Quick Ratio is 3.69, while the Cash Ratio is 2.93. Considering the valuation of this stock, the price to sales ratio is 5.36, the price to book ratio is 7.17 and price to earnings (TTM) ratio is 24.60.

Transactions by insiders

Recent insider trading involved Marsh Dilek, CHIEF TECHNOLOGY OFFICER, that happened on Dec 18 ’24 when 1500.0 shares were sold. Officer, Marsh Dilek completed a deal on Dec 18 ’24 to buy 1500.0 shares. Meanwhile, Director HENRY JACK A sold 1560.0 shares on Nov 20 ’24.

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