Barrington Research Cuts Capella Education Company (NASDAQ:CPLA) Price Target to $90.00
Capella Education Company (NASDAQ:CPLA) had its price target reduced by Barrington Research from $98.00 to $90.00 in a research note published on Tuesday. They currently have an outperform rating on the stock. Barrington Research also issued estimates for Capella Education’s Q3 2017 earnings at $0.68 EPS, Q4 2017 earnings at $1.06 EPS, FY2017 earnings at $3.56 EPS and FY2018 earnings at $3.80 EPS.
Separately, Zacks Investment Research lowered Capella Education from a buy rating to a hold rating in a research report on Monday, April 24th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company’s stock. Capella Education presently has a consensus rating of Hold and a consensus target price of $87.69.
Shares of Capella Education (NASDAQ CPLA) traded down 0.07% during trading on Tuesday, reaching $70.10. The company’s stock had a trading volume of 105,034 shares. The stock has a market cap of $818.14 million, a price-to-earnings ratio of 18.09 and a beta of 0.53. Capella Education has a 52-week low of $56.88 and a 52-week high of $99.25. The stock’s 50 day moving average price is $85.20 and its 200-day moving average price is $85.21.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.10. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. The business had revenue of $109.60 million for the quarter, compared to analyst estimates of $109.89 million. During the same period last year, the company earned $0.93 EPS. Capella Education’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities analysts anticipate that Capella Education will post $3.14 EPS for the current year.
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The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Wednesday, May 24th were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend was Monday, May 22nd. Capella Education’s dividend payout ratio (DPR) is currently 42.38%.
In other Capella Education news, CEO J Kevin Gilligan sold 2,000 shares of the stock in a transaction that occurred on Thursday, May 18th. The stock was sold at an average price of $88.79, for a total value of $177,580.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven L. Polacek sold 7,061 shares of the stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $93.94, for a total value of $663,310.34. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,262 shares of company stock valued at $2,600,356. Company insiders own 3.56% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in CPLA. State of Alaska Department of Revenue boosted its stake in Capella Education by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 1,270 shares of the company’s stock valued at $107,000 after buying an additional 20 shares during the period. Bank of Montreal Can boosted its stake in Capella Education by 38.8% in the first quarter. Bank of Montreal Can now owns 1,952 shares of the company’s stock valued at $166,000 after buying an additional 546 shares during the period. HL Financial Services LLC acquired a new stake in Capella Education during the first quarter valued at $200,000. Sei Investments Co. boosted its stake in Capella Education by 3.4% in the first quarter. Sei Investments Co. now owns 2,428 shares of the company’s stock valued at $207,000 after buying an additional 79 shares during the period. Finally, Mason Street Advisors LLC boosted its stake in Capella Education by 7.8% in the first quarter. Mason Street Advisors LLC now owns 2,700 shares of the company’s stock valued at $230,000 after buying an additional 195 shares during the period. Institutional investors and hedge funds own 91.30% of the company’s stock.
Capella Education Company Profile
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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