Capella Education Co. (NASDAQ:CPLA) Receives $59.80 Average Price Target from Analysts
Capella Education Co. (NASDAQ:CPLA) has earned an average rating of “Buy” from the six analysts that are covering the stock. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $54.67.
A number of brokerages have commented on CPLA. Zacks Investment Research cut shares of Capella Education from a “buy” rating to a “hold” rating in a report on Wednesday. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Capella Education in a report on Tuesday. Finally, Barrington Research upped their target price on shares of Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Wednesday, July 27th.
Capella Education (NASDAQ:CPLA) opened at 58.64 on Monday. The company has a 50-day moving average of $59.11 and a 200-day moving average of $55.12. The stock has a market capitalization of $678.05 million, a price-to-earnings ratio of 18.19 and a beta of 1.05. Capella Education has a 1-year low of $39.06 and a 1-year high of $63.01.
Capella Education (NASDAQ:CPLA) last announced its earnings results on Tuesday, July 26th. The company reported $0.82 EPS for the quarter, missing the Zacks’ consensus estimate of $0.87 by $0.05. Capella Education had a net margin of 9.12% and a return on equity of 20.80%. The business had revenue of $106.70 million for the quarter, compared to analysts’ expectations of $105.93 million. During the same period in the prior year, the company posted $0.83 earnings per share. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. Analysts anticipate that Capella Education will post $3.49 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, August 26th will be paid a $0.39 dividend. 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 2.66%. Capella Education’s dividend payout ratio (DPR) is presently 48.30%.
In other news, CFO Steven L. Polacek sold 2,894 shares of the stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $62.00, for a total value of $179,428.00. Following the completion of the sale, the chief financial officer now directly owns 43,355 shares of the company’s stock, valued at $2,688,010. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO J Kevin Gilligan sold 16,892 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer now directly owns 69,705 shares of the company’s stock, valued at $4,128,627.15. The disclosure for this sale can be found here. 6.50% of the stock is currently owned by insiders.
Institutional investors have recently bought and sold shares of the stock. Mason Street Advisors LLC bought a new position in Capella Education during the second quarter valued at $109,000. Legal & General Group Plc boosted its position in Capella Education by 32.8% in the first quarter. Legal & General Group Plc now owns 2,686 shares of the company’s stock valued at $141,000 after buying an additional 664 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in Capella Education by 117.0% in the second quarter. BNP Paribas Arbitrage SA now owns 3,541 shares of the company’s stock valued at $186,000 after buying an additional 1,909 shares during the last quarter. SECOR Capital Advisors LP bought a new position in Capella Education during the second quarter valued at $240,000. Finally, BlackRock Inc. boosted its position in Capella Education by 384.9% in the second quarter. BlackRock Inc. now owns 4,902 shares of the company’s stock valued at $258,000 after buying an additional 3,891 shares during the last quarter. 90.37% of the stock is owned by institutional investors.
About Capella Education
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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