According to Zacks, “Capella Education reported impressive results in the first two quarters of 2016 with revenues, enrollment levels and earnings per share showing significant improvement. Total enrollment growth in the first two quarters of the year was driven by higher enrollment in FlexPath programs, improved early-cohort persistence and higher percentage of returning learners. Moreover, the company’s focus non-degree programs are encouraging and should top line in the long term. Capella expects the Hackbright Academy and DevMountain acquiistions to contribute to revenues in near term. However, revenues were hurt in the past two quarters by an unfavorable degree mix shift and change in accounting for revenue recognition. Moreover, an unfavorable shift in the student mix from PhD to the masters’ degree program is hurting revenue per student.”
Several other equities analysts have also weighed in on the stock. Credit Suisse Group AG reaffirmed a buy rating and set a $70.00 price objective on shares of Capella Education in a research report on Monday, September 19th. Barrington Research raised their price objective on shares of Capella Education from $60.00 to $66.00 and gave the company an outperform rating in a research report on Wednesday, July 27th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $59.80.
Shares of Capella Education (NASDAQ:CPLA) opened at 60.08 on Wednesday. The firm has a market capitalization of $694.71 million, a PE ratio of 18.64 and a beta of 1.05. Capella Education has a 12-month low of $39.06 and a 12-month high of $63.01. The company has a 50-day moving average of $59.02 and a 200 day moving average of $55.30.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by $0.05. The company earned $106.70 million during the quarter, compared to analysts’ expectations of $105.93 million. Capella Education had a return on equity of 20.80% and a net margin of 9.12%. 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 company earned $0.83 earnings per share. On average, analysts predict that Capella Education will post $3.49 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, August 26th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.56 annualized dividend and a yield of 2.60%. Capella Education’s dividend payout ratio (DPR) is presently 48.30%.
In other Capella Education news, Director Darrell R. Tukua sold 5,000 shares of the 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 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 stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $59.23, for a total value of $1,000,513.16. Following the transaction, the chief executive officer now owns 69,705 shares in the company, valued at approximately $4,128,627.15. The disclosure for this sale can be found here. Company insiders own 6.50% of the company’s stock.
A number of institutional investors have recently made changes to their positions in the stock. Glenmede Trust Co. NA increased its position in shares of Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock valued at $296,000 after buying an additional 26 shares during the period. BlackRock Advisors LLC increased its stake in shares of Capella Education by 0.9% in the second quarter. BlackRock Advisors LLC now owns 5,380 shares of the company’s stock valued at $283,000 after buying an additional 46 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Capella Education by 1.9% in the first quarter. Arizona State Retirement System now owns 5,439 shares of the company’s stock valued at $286,000 after buying an additional 100 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Capella Education by 5.3% in the second quarter. Thrivent Financial for Lutherans now owns 5,180 shares of the company’s stock valued at $273,000 after buying an additional 260 shares during the last quarter. Finally, Strs Ohio increased its stake in shares of Capella Education by 2.9% in the second quarter. Strs Ohio now owns 14,400 shares of the company’s stock valued at $758,000 after buying an additional 400 shares during the last quarter. 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Capella Education Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capella Education Co. and related companies with MarketBeat.com's FREE daily email newsletter.