Grand Canyon Education (LOPE) to Explore Going Private, Nonprofit

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Go back to Grand Canyon Education (LOPE) to Explore Going Private, Nonprofit

Piper Jaffray Upgrades Grand Canyon Education (LOPE) to Overweight; Solid Fundamentals and Potential Go Private Deal

October 30, 2014 7:00 AM EDT

Piper Jaffray upgraded Grand Canyon Education (NASDAQ: LOPE) from Neutral to Overweight with a price target of $52.00 (from $50.00).

Analyst Peter Appert commented, "Based on continued strong enrollment, revenue and earnings trends we think LOPE shares are worth $52 based on operating fundamentals. Based on... More

Grand Canyon Education (LOPE) Tops Q3 EPS by 8c

October 29, 2014 5:14 PM EDT

Grand Canyon Education (NASDAQ: LOPE) reported Q3 EPS of $0.62, $0.08 better than the analyst estimate of $0.54. Revenue for the quarter came in at $175.1 million versus the consensus estimate of $169.4 million.

At September 30, 2014, our enrollment was 68,122, an increase of 13.7% from our enrollment of 59,914 at September 30, 2013. Ground enrollment... More