Capella Education Co. (CPLA) Receives Buy Rating from Credit Suisse Group AG
“We know that Capella tuition is selectively discounted, though the company does not disclose specifics. Completion rate data applies only to first-time, full-time students. This data is therefore less helpful in evaluating Capella students, who often transfer credits from other schools they may have previously attended. The satisfaction data is not gathered in a scientific or systematic manner and is open to abuse similar to a Yelp review, in our view.”,” the firm’s analyst commented.
Several other equities analysts have also weighed in on CPLA. Zacks Investment Research lowered shares of Capella Education from a buy rating to a hold rating in a report on Thursday, June 16th. Barrington Research boosted their price target on shares of Capella Education from $60.00 to $66.00 and gave the stock an outperform rating in a report on Wednesday, July 27th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $59.80.
Shares of Capella Education (NASDAQ:CPLA) traded up 0.076% during trading on Tuesday, hitting $59.085. 10,782 shares of the company were exchanged. The firm has a market capitalization of $683.20 million, a PE ratio of 18.327 and a beta of 1.05. The firm’s 50-day moving average price is $59.13 and its 200 day moving average price is $55.10. Capella Education has a 12 month low of $39.06 and a 12 month high of $63.01.
Capella Education (NASDAQ:CPLA) last posted its earnings results on Tuesday, July 26th. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.05. The firm had revenue of $106.70 million for the quarter, compared to analysts’ expectations of $105.93 million. Capella Education had a net margin of 9.12% and a return on equity of 20.80%. Capella Education’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the firm earned $0.83 earnings per share. On average, equities research analysts expect that Capella Education will post $3.49 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, August 26th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.64%. Capella Education’s payout ratio is 48.30%.
In related news, CEO J Kevin Gilligan sold 16,892 shares of the company’s stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $59.23, for a total transaction of $1,000,513.16. Following the sale, the chief executive officer now directly owns 69,705 shares in the company, valued at $4,128,627.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Darrell R. Tukua sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 25th. The stock was sold at an average price of $61.23, for a total transaction of $306,150.00. The disclosure for this sale can be found here. Corporate insiders own 6.50% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Glenmede Trust Co. NA raised its stake in Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock worth $296,000 after buying an additional 26 shares during the last quarter. BlackRock Advisors LLC raised its stake in Capella Education by 0.9% in the second quarter. BlackRock Advisors LLC now owns 5,380 shares of the company’s stock worth $283,000 after buying an additional 46 shares during the last quarter. Arizona State Retirement System raised its stake in Capella Education by 1.9% in the first quarter. Arizona State Retirement System now owns 5,439 shares of the company’s stock worth $286,000 after buying an additional 100 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in Capella Education by 5.3% in the second quarter. Thrivent Financial for Lutherans now owns 5,180 shares of the company’s stock worth $273,000 after buying an additional 260 shares during the last quarter. Finally, Strs Ohio raised its stake in Capella Education by 2.9% in the second quarter. Strs Ohio now owns 14,400 shares of the company’s stock worth $758,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 90.37% of the company’s stock.
Capella Education Company Profile
Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults.
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