Grand Canyon Education Stock (NASDAQ: LOPE)

Grand Canyon Education (NASDAQ:LOPE) Stock, Quote.Headers.trade-ideas

Grand Canyon Education

Grand Canyon Education, Inc is a publicly traded education services company dedicated to serving colleges and universities. GCE's most significant university partner is Grand Canyon University, an Arizona non-profit corporation that operates a comprehensive regionally accredited university that offers graduate and undergraduate degree programs, emphases and certificates across nine colleges both online, on ground at its campus in Phoenix, Arizona and at four off-site classroom and laboratory sites. The Company generates all of its revenue through services agreements with its university partners.

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PWSC

PowerSchool Holdings, Inc. (NYSE: PWSC), a leader in cloud-based software for K-12 education, has announced two new AI-driven tools, PowerBuddy for College and Career and PowerBuddy for Custom AI.

How PowerSchool&#39;s Latest AI Solutions Could Drive Stock Higher

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Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday

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Grand Canyon Education, Inc. (NASDAQ: LOPE) and Grand Canyon University (GCU) have been 

Enrolled At Grand Canyon? FTC Exposes Deceptive Doctoral Program - Deceptively Advertised Costs And &#39;Made Illegal Calls&#39;

Grand Canyon Education, Inc. - Common Stock

Grand Canyon Education Inc

PowerSchool Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pwsc#NYSE">PWSC</a>), a leader in cloud-based software for K-12 education, has announced two new AI-driven tools, PowerBuddy for College and Career and PowerBuddy for Custom AI. These tools aim to revolutionize the way students, families, and school districts access and manage information, potentially driving further growth for PWSC stock.
<h2>PWSC&#39;s AI Tools to Transform College and Career Planning</h2>
PowerBuddy for College and Career helps students take control of their future planning by offering personalized guidance based on their unique needs. This AI assistant uses longitudinal student data to provide real-time responses about career paths, college options, scholarships, and more. With natural language interactions, students can easily access relevant information without wasting time sifting through resources.
The assistant is designed to reduce the burden on school counselors, who often manage far more students than recommended. By offering a self-service platform for students to explore postsecondary options, PowerBuddy allows counselors to focus on higher-impact areas of support.
<h2>PWSC&#39;s AI Tools to Enhance School District Efficiency</h2>
PowerBuddy for Custom AI is designed to streamline how school districts interact with their communities. By providing real-time answers to district-specific queries &mdash; ranging from policy manuals to athletic schedules &mdash; this tool saves both time and effort for families and staff. The AI assistant ensures users receive approved, accurate information from the district&#39;s knowledge base, reducing the need for manual searches.
Given that only 23% of educators feel partnerships with parents have strengthened since the pandemic, PowerBuddy&#39;s ability to improve communication and accessibility could significantly impact school district adoption of PowerSchool&#39;s software, boosting the company&#39;s growth trajectory and stock appeal.
Both PowerBuddy tools are built on PowerSchool&#39;s Responsible AI principles, with a strong focus on privacy and security. The company&#39;s commitment to secure, efficient, and personalized technology could strengthen PowerSchool&#39;s foothold in the education technology space.
As districts and schools seek more efficient ways to manage operations and student support, these AI-driven innovations could drive higher adoption rates of PowerSchool&#39;s offerings, positively impacting PWSC stock.
<h2>PWSC Stock Performance</h2>
Shares of this cloud-based education software provider have gained 8.5% in the past six months against the Zacks Schools industry&#39;s 9.1% decline. The company has been benefiting from the continuous strength in the market demand for its suite of mission-critical products, along with its focus on operating leverage. Furthermore, its advanced AI solutions enhancements and opportunities in its market bode well for PWSC&#39;s prospects.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/f4/78176.jpg?v=341337529" />
Image Source: Zacks Investment Research
Considering the estimate revision trend, the Zacks Consensus Estimate for 2024 and third-quarter earnings per share of PWSC have trended upward to 90 cents (from 63 cents) and 25 cents (from 18 cents) over the past 60 days, respectively. The estimated figures indicate 9.8% and 4.2% growth, respectively, from the year-ago period&#39;s reported levels. Such an uptrend depicts analysts&#39; optimism about the stock&#39;s potential.
In June 2024, PowerSchool entered into a definitive agreement to be acquired by one of the world&#39;s leading private multi-asset alternative investment firms, Bain Capital. The transaction, valued at $5.6 billion, is expected to close in the second half of 2024, subject to customary closing conditions, including regulatory approvals. Although PWSC is set to be acquired, it will continue to remain a standalone company with no interruptions in its business operations and customer service.
<h2>PWSC Zacks Rank</h2>
PowerSchool currently carries a Zacks Rank #3 (Hold).
<h2>Key Picks</h2>
Here are some better-ranked stocks from the Zacks Consumer Discretionary sector:
Stride, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lrn#NYSE">LRN</a>) presently carries a Zacks Rank of 2 (Buy). LRN has a trailing four-quarter earnings surprise of 40.3%, on average.
LRN shares have gained 31.8% in the past six months. The consensus estimate for LRN&#39;s fiscal 2025 sales and EPS implies a rise of 6.3% and 7.7%, respectively, from the year-ago levels.
Grand Canyon Education, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lope#NASDAQ">LOPE</a>), currently carrying a Zacks Rank #2, has a trailing four-quarter earnings surprise of 10.2%, on average.
LOPE shares have gained 6.5% in the past six months. LOPE has seen an upward estimate revision for 2024 earnings to $7.98 per share from $7.80 over the past 60 days. This company&#39;s earnings for 2024 are expected to register 13.4% growth from a year ago.
Lincoln Educational Services Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/linc#NASDAQ">LINC</a>), currently carrying a Zacks Rank #2, has a trailing four-quarter earnings surprise of 249.4%, on average.
LRN shares have gained 24.5% in the past six months. LINC has seen an upward estimate revision for 2024 earnings to 51 cents per share from 48 cents over the past 60 days. This company&#39;s earnings for 2024 are expected to register 4.1% growth from a year ago.
<a href="https://www.zacks.com/stock/news/2337756/how-powerschool-s-latest-ai-solutions-could-drive-stock-higher?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2337756">To read this article on Zacks.com click here.</a>

How PowerSchool's Latest AI Solutions Could Drive Stock Higher

Grand Canyon Education's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NYSE">LOPE</a>) short percent of float has risen 8.96% since its last report. The company recently reported that it has 333 thousand shares sold short, which is 1.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Grand Canyon Education Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725454813_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Grand Canyon Education has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Grand Canyon Education's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Grand Canyon Education's peer group average for short interest as a percentage of float is 5.67%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Grand Canyon Education?

Grand Canyon Education's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NYSE">LOPE</a>) short percent of float has risen 8.96% since its last report. The company recently reported that it has 333 thousand shares sold short, which is 1.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Grand Canyon Education Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723735811_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Grand Canyon Education has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Grand Canyon Education's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Grand Canyon Education's peer group average for short interest as a percentage of float is 5.80%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

BMO Capital analyst Jeffrey Silber maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and raises the price target from $160 to $162.

Price Target

BMO Capital Maintains Outperform on Grand Canyon Education, Raises Price Target to $162

Barrington Research analyst Alexander Paris maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and maintains $165 price target.

Barrington Research Maintains Outperform on Grand Canyon Education, Maintains $165 Price Target

Guidance

Grand Canyon Education Revises FY24 Service Revenue From $1.020B - $1.041B To $1.026B - $1.034B; Adj EPS Forecast From $7.57 - $8.04 To $7.85 - $8.04

Grand Canyon Education Expects Q4 Adj EPS Of $2.84 - $2.97, Service Revenue Of $286.5M - $291.5M

Grand Canyon Education Expects Q3 Service Revenue Of $238M - $240.5M (Est $241.02M),  Adj, EPS $1.43 - $1.49 (Est $1.46)

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $1.10 by 15.45 percent. The company reported quarterly sales of $227.463 million which beat the analyst consensus estimate of $223.393 million by 1.82 percent. This is a 8.02 percent increase over sales of $210.577 million the same period last year.

Earnings Beats

Grand Canyon Education Q2 2024 Adj. EPS $1.27 Beats $1.10 Estimate, Sales $227.463M Beat $223.393M Estimate

Grand Canyon Education's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NYSE">LOPE</a>) short percent of float has fallen 10.11% since its last report. The company recently reported that it has 370 thousand shares sold short, which is 1.6% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.55 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Grand Canyon Education Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721158211_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Grand Canyon Education has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Grand Canyon Education's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Grand Canyon Education's peer group average for short interest as a percentage of float is 6.04%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(LOPE) - Analyzing Grand Canyon Education's Short Interest

Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) has outperformed the market over the past 15 years by 2.66% on an annualized basis producing an average annual return of 15.24%. Currently, Grand Canyon Education has a market capitalization of $4.21 billion. 
Buying $1000 In LOPE: If an investor had bought $1000 of LOPE stock 15 years ago, it would be worth $8,510.19 today based on a price of $141.56 for LOPE at the time of writing.
<h3>Grand Canyon Education's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720809025_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Grand Canyon Education 15 Years Ago Would Be Worth Today

BMO Capital analyst Jeffrey Silber maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and raises the price target from $155 to $160.

BMO Capital Maintains Outperform on Grand Canyon Education, Raises Price Target to $160

Barrington Research analyst Alexander Paris maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and raises the price target from $160 to $165.

Barrington Research Maintains Outperform on Grand Canyon Education, Raises Price Target to $165

BMO Capital analyst Jeffrey Silber maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and raises the price target from $150 to $155.

BMO Capital Maintains Outperform on Grand Canyon Education, Raises Price Target to $155

U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday.
Shares of Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) rose sharply during Wednesday's session  following better-than-expected <a href="https://www.benzinga.com/news/earnings/24/05/38701468/building-success-louisiana-pacific-shatters-expectations-shares-surge-on-solid-q1-performance-raise">first-quarter financial results</a>.
LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million.
Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Cricut, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results.</li>
<li>MaxCyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXCT#NASDAQ">MXCT</a>) jumped 27.6% to $5.01 following upbeat quarterly results.</li>
<li>Ameresco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NASDAQ">AMRC</a>) climbed 27.6% to $28.47 following strong quarterly results.</li>
<li>Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) gained 26.5% to $17.11 following strong quarterly earnings.</li>
<li>American Public Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) gained 23.3% to $18.71 following upbeat quarterly results.</li>
<li>Globus Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) rose 23.3% to $63.35 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 21.6% to $25.25 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>PowerSchool Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWSC#NYSE">PWSC</a>) rose 21.2% to $20.17 following a report suggesting Bain is pursuing a takeover of the company.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) climbed 21.1% to $24.02 following better-than-expected first-quarter earnings.</li>
<li>Arko Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKO#NYSE">ARKO</a>) gained 20.3% to $5.15 following first-quarter earnings.</li>
<li>Latham Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) rose 19% to $3.5609 following strong first-quarter earnings.</li>
<li>Hyster-Yale Materials Handling, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HY#NYSE">HY</a>) gained 18.2% to $69.74 following UPBEAT first-quarter earnings.</li>
<li>Alpha and Omega Semiconductor Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) surged 17.7% to $26.22 after reporting strong quarterly results.</li>
<li>Oddity Tech Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) rose 15.8% to $36.19 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) gained 15.5% to $32.82 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.</li>
<li>RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) gained 14.8% to $34.42 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) gained 14.5% to $1.89 as the company posted a narrower-than-expected quarterly loss.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) rose 14.2% to $27.09 after the company reported better-than-expected quarterly sales results.</li>
<li>Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HASI#NASDAQ">HASI</a>) surged 13.9% to $29.84 following upbeat earnings.</li>
<li>Denali Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNLI#NASDAQ">DNLI</a>) rose 13.2% to $19.07 following a narrower-than-expected quarterly loss.</li>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) gained 13% to $15.75 after the company reported mixed first quarter financial results.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) climbed 10.1% to $90.01 after the company reported first quarter financial results.</li>
<li>Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) gained 9.6% to $99.93 as the company posted better-than-expected results for its fourth quarter.</li>
<li>Lotus Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) gained 9.1% to $8.51.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) rose 8.8% to $18.08 following better-than-expected first-quarter results.</li>
<li>Griffon Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFF#NYSE">GFF</a>) surged 8.6% to $73.64 following upbeat second-quarter results.</li>
<li>Grand Canyon Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) rose 7.7% to $150.62 following upbeat quarterly results.</li>
<li>Confluent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) gained 7.7% to $30.00 after the company reported better-than-expected quarterly financial results and raised its FY24 guidance above estimates.</li>
<li>Veeco Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VECO#NASDAQ">VECO</a>) gained 6.9% to $40.08 following upbeat results.</li>
<li>International Seaways, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSW#NYSE">INSW</a>) rose 6.3% to $60.21 after posting upbeat earnings.</li>
<li>LCI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCII#NASDAQ">LCII</a>) surged 6.2% to $111.48 following strong quarterly results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/05/38701877/jim-cramer-says-he-is-struggling-with-tesla-likes-this-industrial-giant">Jim Cramer Says He Is &#8216;Struggling&#8217; With Tesla, Likes This Industrial Giant</a>

WIIM

Grand Canyon Education shares are trading higher following strong Q1 earnings.

Baird analyst Jeffrey Meuler maintains Grand Canyon Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) with a Outperform and raises the price target from $165 to $170.

Baird Maintains Outperform on Grand Canyon Education, Raises Price Target to $170

Grand Canyon Education Sees FY24 Adj. EPS $7.57-$8.04 Vs $7.65 Est.; Revenue $1.020B-$1.041B Vs $1.030B Est.

Grand Canyon Education Sees Q4 2024 Adj. EPS $2.81-$3.09 Vs $2.93 Est.; Revenue $287M-$299M Vs $294.467M Est.

Grand Canyon Education Sees Q3 2024 Adj. EPS $1.35-$1.51 Vs $1.43 Est.; Revenue $236.5M-$244.0M Vs $240.417M Est.

American Public Education's Incredible Momentum Likely To Continue

In a report released today, Jeffrey Silber from BMO Capital maintained a Buy rating on Grand Canyon Education (LOPE – Research Report), with a pric...

Grand Canyon Education: A Strong Buy Rating Amidst Growth and Recovery Prospects

Grand Canyon Education Q2 2024 Earnings Preview

Grand Canyon Education beats top-line and bottom-line estimates; initiates Q3, Q4 outlook

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Grand Canyon Education (NASDAQ:<a href="https://investorplace.com/stock-quotes/lope-stock-quote/">LOPE</a>) just reported results for the second quarter of 2024.<ul><li>Grand Canyon Education reported earnings per share of $1.27. This was above the analyst estimate for EPS of $1.10.</li><li>The company reported revenue of $227.46 million.</li><li>This was 1.82% better than the analyst estimate for revenue of $223.39 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/lope-stock-earnings-grand-canyon-education-for-q2-of-2024/">LOPE Stock Earnings: Grand Canyon Education Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

LOPE Stock Earnings: Grand Canyon Education Beats EPS, Beats Revenue for Q2 2024

Grand Canyon Education, Inc. (LOPE) Q2 2024 Earnings Call Transcript

Grand Canyon Education (LOPE – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Jeffr...

Buy Rating Affirmed for Grand Canyon Education Amid Strong Financial Performance and Growth Prospects

Barrington analyst Alexander Paris reiterated a Buy rating on Grand Canyon Education (LOPE – Research Report) today and set a price target of $165....

Buy Rating Affirmed for Grand Canyon Education Amid Strong Financials and Promising Valuation Upside

Online education is the new norm in today's learning scenario as it is cost-effective and flexible. Amid this backdrop, we have three stocks, Graham Holdings (GHC), Grand Canyon Education (LOPE), and Stride, Inc. (LRN), that could be schooling the market for years to come and are worth keeping an eye for. Read more… Online education stocks are catching the market's eye as they have positioned themselves with the growing demand for remote learning and digital education solutions. This shift toward digital learning has turned a niche market into a booming industry.
With this momentum, online education companies that are well positioned, Graham Holdings Company (<a href="https://stocknews.com/stock/GHC/">GHC</a>), Grand Canyon Education, Inc. (<a href="https://stocknews.com/stock/LOPE/">LOPE</a>), and Stride, Inc. (<a href="https://stocknews.com/stock/LRN/">LRN</a>), have been reshaping and making it the mainstream mode of education in the world.
According to <a href="https://www.statista.com/outlook/emo/online-education/worldwide">Statista</a>, the global market revenue of online education services is anticipated to reach $279.30 billion by 2029, exhibiting a CAGR of 8.6%. This market, accelerated by the pandemic, has been growing as new technologies are also being integrated into it.
Furthermore, the efficiency and appeal of online education are being improved by technological innovations, including AI-powered personalized learning, virtual reality (VR) classrooms, and advanced learning management systems. The global EdTech market is projected to <a href="https://straitsresearch.com/report/education-technology-market">reach $598.82 billion by 2032</a>, growing at a CAGR of 17.1%.
Given this backdrop, let's analyze the fundamentals of three featured <a href="https://stocknews.com/category/outsourcing-education-services/">Outsourcing - Education Services</a> stocks, beginning with #3.
Stock #3: Graham Holdings Company (<a href="https://stocknews.com/stock/GHC/">GHC</a>)
GHC is a global diversified education and media holding company. It operates through six segments: Kaplan International; Kaplan Higher Education; Kaplan Supplemental Education; Television Broadcasting; Manufacturing; and Healthcare and Automotive. 
On August 8, the company paid its shareholders a quarterly dividend of $1.72 per share. GHC pays an annual dividend of $6.88, which translates to a yield of 0.94% at the current share price. Moreover, its dividend payouts have increased at a CAGR of 4.4% over the past three years.
In terms of the trailing-12-month cash per share, GHC's $31.98 is significantly higher than the $2.48 industry average. However, its 9.48% trailing-12-month EBITDA margin is 14% lower than the industry average of 11.45%.
For the six-month period that ended on June 30, 2024, GHC's operating revenues increased 9.4% year-over-year to $2.34 billion, while the company's Education segment reported operating revenue of $845.50 million, indicating an 8.4% growth from the prior-year period.
GHC's adjusted net income came in at $107.32 million, up 5.8% year-over-year, while its adjusted income per share grew 12.9% from the year-ago value to $23.99.
Analysts expect GHC's revenue for the third quarter (ending September 2024) to increase 10.6% year-over-year to $1.23 billion, while its EPS for the same period is expected to grow 46.5% from the prior year's period to $15.31.
The stock has gained 28.7% over the past year and 15.5% over the past nine months to close the last trading session at $732.27.
GHC's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has a B grade for Value and Stability. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among the 19 stocks in the A-rated <a href="https://stocknews.com/category/outsourcing-education-services/">Outsourcing - Education Services</a> industry, it is ranked #11. <a href="https://stocknews.com/stock/GHC/">Click here</a> to see the additional GHC ratings (Growth, Momentum, Sentiment, and Quality).
Stock #2: Grand Canyon Education, Inc. (<a href="https://stocknews.com/stock/LOPE/">LOPE</a>)
LOPE is an education services company that primarily serves colleges and universities. It develops technological solutions, infrastructure, and operational processes to provide services to its institutions on a large scale and offers technological and academic services.
The stock's trailing-12-month net income margin of 21.88% is 381.5% higher than the industry average of 4.54%. Similarly, its 22.10% trailing-12-month ROTA is 444.6% above the industry average of 4.06%. Also, its trailing-12-month levered FCF of 17.20% compares favorably to the industry average of 5.14%.
During the second quarter that ended on June 30, 2024, LOPE's service revenue increased 8% year-over-year to $227.46 million. The company's operating income came in at $42.72 million, reflecting an increase of 20.5% from the prior-year quarter.
Its non-GAAP net income amounted to $37.32 million and $ $1.27 per share, reflecting 21.9% and 25.7% year-over-year increases, respectively. In addition, its adjusted EBITDA increased by 22.6% year-over-year, amounting to $58.53 million.
Looking ahead, LOPE anticipates full-year service revenue for fiscal year 2024 to fall between $1.026 billion and $1.034 billion, and operating margin is anticipated to be in the range of 26.7%-27.2%. The company also projects non-GAAP income per share to range from $7.88 to $8.07.
The consensus revenue estimate of $239.68 million for the fiscal third quarter (ending September 2024) represents an 8% increase year-over-year. The consensus EPS estimate of $1.47 for the same quarter indicates a 16.7% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Over the past year, the stock has surged 23.4%, closing the last trading session at $137.41.
LOPE's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It also has an A grade for Sentiment and a B for Quality. Within the same A-rated industry, it is ranked #9 out of 19 stocks. <a href="https://stocknews.com/stock/LOPE/">Click here</a> to see LOPE's ratings for Growth, Value, Momentum, and Stability.
Stock #1: Stride, Inc. (<a href="https://stocknews.com/stock/LRN/">LRN</a>)
LRN, a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services worldwide. The company serves public and private schools, charter boards, consumers, employers, and government agencies.
On September 5, LRN launches Road2Teach, a new teacher program, in Indiana. This new program will offer two non-degree-granting programs to help aspiring teachers transition to teaching and pass their teacher certification exams. This program has two sections: Elementary Education program and Secondary education program. The new program is set to expand the company's offerings.
LRN's trailing-12-month ROCE and ROTA of 19.23% and 10.63% are 67.8% and 162.1% higher than their respective industry averages of 11.47% and 4.06%. Likewise, its trailing-12-month asset turnover ratio of 1.11x is 11.7% above the industry average of 0.99x.
LRN's revenues for the fourth quarter, which ended on June 30, 2024, increased 10.5% year-over-year to $534.18 million. Its adjusted operating income rose 36.4% from the year-ago value to $87.89 million.
The company's attributable net income amounted to $62.78 million, representing a 44.8% increase from the same period last year, and its attributable net income per share for the quarter increased 40.6% year-over-year to $1.42. Also, the adjusted EBITDA came in at $112.09 million reflecting an increase of 26.3% from the prior year quarter.
Street expects LRN's revenue for the first quarter of fiscal 2025 (ending September 2024) to increase 5.4% year-over-year to $506.09 million. Moreover, its EPS estimate of $0.26 for the same period indicates a significant year-over-year growth. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters, which is excellent.
LRN shares have surged 84% over the past year to close the last trading session at $79.49.
It's no surprise that LRN has an overall B rating, equating to a Buy in our POWR Ratings system. It has a B grade for Growth. Within the Outsourcing - Education Services industry, it is ranked #8 out of 19 stocks.
<a href="https://stocknews.com/stock/LRN/">Click here</a> to see the other ratings of LRN for Value, Momentum, Stability, Sentiment and Quality.
What To Do Next?
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LOPE shares were trading at $137.10 per share on Monday morning, down $0.31 (-0.23%). Year-to-date, LOPE has gained 3.83%, versus a 15.64% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Dutta</h2> <img src='https:/wp-content/uploads/2021/08/Anushka-Dutta_Headshot_3.jpg' style="float:left; padding:5px;width:125px;">Anushka is an analyst whose interest in understanding the impact of broader economic changes on financial markets motivated her to pursue a career in investment research.<a href="https://stocknews.com/authors/?author=anushka-dutta">More...</a>The post <a href=https://stocknews.com/news/lope-lrn-ghc-3-online-education-stocks-ready-to-school-the-market/>3 Online Education Stocks Ready to School the Market</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Online Education Stocks Ready to School the Market

Grand Canyon: Enrollment Growth In Online And Hybrid To Drive Shares Higher

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Press Releases

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Grand Canyon Education, Inc. - LOPE

GRAND CANYON EDUCATION, INC. REPORTS FOURTH QUARTER 2023 RESULTS

GRAND CANYON UNIVERSITY HONORS LEADERS WITH THE FOURTH ANNUAL COLANGELO SERVANT LEADERSHIP AWARDS

ARIZONA VA AGENCY FINDS NO WRONGDOING IN AUDIT OF GRAND CANYON UNIVERSITY

Grand Canyon Education, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Details

GRAND CANYON EDUCATION, INC. REPORTS FIRST QUARTER 2024 RESULTS

Grand Canyon Education, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call Details

GRAND CANYON EDUCATION, INC. REPORTS SECOND QUARTER 2024 RESULTS

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