Capella Education Co. (NASDAQ:CPLA) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the firm. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $72.60.
CPLA has been the topic of several analyst reports. Zacks Investment Research raised shares of Capella Education from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Tuesday, September 27th. Credit Suisse Group AG restated a “buy” rating on shares of Capella Education in a report on Tuesday, October 4th. Barrington Research raised their price target on shares of Capella Education from $66.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, October 26th. BMO Capital Markets cut shares of Capella Education from an “outperform” rating to a “market perform” rating and set a $74.00 price target for the company. in a report on Friday, October 28th. They noted that the move was a valuation call. Finally, First Analysis raised their price target on shares of Capella Education from $71.00 to $87.00 and gave the stock a “weight” rating in a report on Friday, November 18th.
Shares of Capella Education (NASDAQ:CPLA) opened at 87.00 on Thursday. Capella Education has a 12-month low of $40.50 and a 12-month high of $90.40. The company’s 50-day moving average is $87.74 and its 200-day moving average is $69.47. The firm has a market capitalization of $997.46 million, a price-to-earnings ratio of 23.97 and a beta of 0.76.
Capella Education (NASDAQ:CPLA) last released its earnings results on Tuesday, October 25th. The company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.19. The business had revenue of $10.59 million for the quarter, compared to the consensus estimate of $105.27 million. Capella Education had a net margin of 10.10% and a return on equity of 21.44%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the firm posted $0.67 earnings per share. On average, equities analysts forecast that Capella Education will post $3.56 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Thursday, December 22nd were paid a $0.41 dividend. The ex-dividend date was Tuesday, December 20th. This is a boost from Capella Education’s previous quarterly dividend of $0.39. This represents a $1.64 dividend on an annualized basis and a yield of 1.89%. Capella Education’s payout ratio is 45.30%.
A number of hedge funds have recently bought and sold shares of the stock. Royce & Associates LP boosted its stake in Capella Education by 9.1% in the second quarter. Royce & Associates LP now owns 1,022,471 shares of the company’s stock worth $53,823,000 after buying an additional 85,500 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Capella Education by 3.1% in the third quarter. Price T Rowe Associates Inc. MD now owns 1,008,700 shares of the company’s stock worth $58,545,000 after buying an additional 30,510 shares during the period. Vanguard Group Inc. boosted its stake in Capella Education by 4.7% in the second quarter. Vanguard Group Inc. now owns 919,604 shares of the company’s stock worth $48,408,000 after buying an additional 41,093 shares during the period. BlackRock Fund Advisors raised its position in Capella Education by 13.0% in the third quarter. BlackRock Fund Advisors now owns 803,117 shares of the company’s stock worth $46,613,000 after buying an additional 92,388 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Capella Education by 7.6% in the second quarter. Dimensional Fund Advisors LP now owns 457,946 shares of the company’s stock worth $24,105,000 after buying an additional 32,199 shares in the last quarter. Hedge funds and other institutional investors own 90.30% of the company’s stock.
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.