Capella Education Company (CPLA) Receives Buy Rating from BMO Capital Markets

BMO Capital Markets reiterated their buy rating on shares of Capella Education Company (NASDAQ:CPLA) in a research report report published on Monday. They currently have a $86.00 price target on the stock.

A number of other equities research analysts have also issued reports on CPLA. BidaskClub lowered Capella Education from a sell rating to a strong sell rating in a research report on Saturday, August 5th. Barrington Research reduced their price target on Capella Education from $98.00 to $90.00 and set an outperform rating on the stock in a research report on Tuesday, July 25th. Finally, Zacks Investment Research lowered Capella Education from a hold rating to a strong sell rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $89.00.

Capella Education (NASDAQ CPLA) opened at 66.95 on Monday. The stock has a market cap of $781.37 million, a price-to-earnings ratio of 17.28 and a beta of 0.47. The firm has a 50-day moving average price of $67.23 and a 200 day moving average price of $81.36. Capella Education has a 1-year low of $56.88 and a 1-year high of $99.25.

Capella Education (NASDAQ:CPLA) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.10. The company had revenue of $109.60 million for the quarter, compared to analyst estimates of $109.89 million. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. Capella Education’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 EPS. On average, equities research analysts anticipate that Capella Education will post $3.54 EPS for the current fiscal year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, August 25th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.45%. Capella Education’s payout ratio is currently 42.38%.

In other news, CEO J Kevin Gilligan sold 2,000 shares of the stock in a transaction dated Wednesday, July 5th. The stock was sold at an average price of $85.03, for a total value of $170,060.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 10,000 shares of company stock worth $848,320. Company insiders own 3.56% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPLA. BlackRock Inc. increased its holdings in shares of Capella Education by 76,655.0% in the 1st quarter. BlackRock Inc. now owns 1,387,731 shares of the company’s stock valued at $117,991,000 after acquiring an additional 1,385,923 shares during the last quarter. Capital World Investors purchased a new position in shares of Capella Education in the 2nd quarter valued at about $21,400,000. Vanguard Group Inc. increased its holdings in shares of Capella Education by 10.4% in the 1st quarter. Vanguard Group Inc. now owns 1,111,466 shares of the company’s stock valued at $94,503,000 after acquiring an additional 104,409 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Capella Education by 68.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 249,532 shares of the company’s stock valued at $21,360,000 after acquiring an additional 101,054 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Capella Education by 41.8% in the 1st quarter. AQR Capital Management LLC now owns 153,373 shares of the company’s stock valued at $13,041,000 after acquiring an additional 45,237 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company’s stock.

Capella Education Company Profile

Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.

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