BMO Capital Markets Raises Capella Education Company (CPLA) Price Target to $103.00

Capella Education Company (NASDAQ:CPLA) had its price objective boosted by BMO Capital Markets from $78.00 to $103.00 in a report released on Tuesday. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts have also recently weighed in on CPLA. Barrington Research cut their price objective on shares of Capella Education from $98.00 to $90.00 and set an outperform rating for the company in a research report on Tuesday, July 25th. Zacks Investment Research cut shares of Capella Education from a hold rating to a strong sell rating in a research report on Thursday, July 27th. Finally, BidaskClub cut shares of Capella Education from a hold rating to a sell rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $92.20.

Shares of Capella Education (NASDAQ:CPLA) traded down $1.05 during midday trading on Tuesday, reaching $81.90. The company’s stock had a trading volume of 332,122 shares, compared to its average volume of 133,149. The stock has a market cap of $956.66 million, a price-to-earnings ratio of 23.25, a P/E/G ratio of 2.56 and a beta of 0.39.

Capella Education (NASDAQ:CPLA) last posted its quarterly earnings data on Monday, October 30th. The company reported $0.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.05. Capella Education had a net margin of 9.60% and a return on equity of 19.21%. The business had revenue of $107.01 million during the quarter, compared to analysts’ expectations of $108.10 million. During the same quarter in the prior year, the business posted $0.81 earnings per share. Capella Education’s revenue was up 1.0% compared to the same quarter last year. equities research analysts expect that Capella Education will post 3.57 EPS for the current year.

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Hedge funds have recently bought and sold shares of the company. Riverhead Capital Management LLC lifted its holdings in shares of Capella Education by 105.3% in the second quarter. Riverhead Capital Management LLC now owns 1,232 shares of the company’s stock worth $105,000 after acquiring an additional 632 shares during the last quarter. Flinton Capital Management LLC lifted its holdings in shares of Capella Education by 76.9% in the second quarter. Flinton Capital Management LLC now owns 1,564 shares of the company’s stock worth $134,000 after acquiring an additional 680 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Capella Education by 371.6% in the second quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock worth $164,000 after acquiring an additional 1,516 shares during the last quarter. Parallax Volatility Advisers L.P. bought a new position in shares of Capella Education in the second quarter worth about $178,000. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Capella Education by 80.5% in the second quarter. State of Alaska Department of Revenue now owns 2,292 shares of the company’s stock worth $196,000 after acquiring an additional 1,022 shares during the last quarter. 89.82% of the stock is owned by hedge funds and other institutional investors.

About Capella Education

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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