Grand Canyon Education, Inc. LOPE was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven by the company’s announcement of better-than-expected earnings for the third quarter of 2016. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally continues the recent uptrend for the company as the stock has gained 17.3% in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Grand Canyon Education currently carries a Zacks Rank #2 (Buy).
Another well-ranked stock in the same industry is Capella Education Co. CPLA, with a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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