Grand Canyon Education
Market Cap
US$3.9b
Last Updated
2020/09/26 06:06 UTC
Data Sources
Company Financials +
Executive Summary
Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and good value.
Similar Companies
Share Price & News
How has Grand Canyon Education's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LOPE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.0%
LOPE
-2.3%
US Consumer Services
-0.8%
US Market
1 Year Return
-16.4%
LOPE
42.0%
US Consumer Services
13.8%
US Market
Return vs Industry: LOPE underperformed the US Consumer Services industry which returned 42.1% over the past year.
Return vs Market: LOPE underperformed the US Market which returned 12% over the past year.
Shareholder returns
| LOPE | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | -2.3% | -0.8% |
| 30 Day | -10.5% | -0.6% | -5.0% |
| 90 Day | -7.5% | 14.2% | 10.1% |
| 1 Year | -16.4%-16.4% | 42.5%42.0% | 16.4%13.8% |
| 3 Year | -8.5%-8.5% | 44.8%39.8% | 36.9%27.8% |
| 5 Year | 120.4%120.4% | 239.6%215.1% | 85.0%64.2% |
Price Volatility Vs. Market
How volatile is Grand Canyon Education's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Returns On Capital At Grand Canyon Education (NASDAQ:LOPE) Paint An Interesting Picture3 weeks ago | Simply Wall St
Does Grand Canyon Education (NASDAQ:LOPE) Deserve A Spot On Your Watchlist?1 month ago | Simply Wall St
Have Insiders Sold Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Recently?Valuation
Is Grand Canyon Education undervalued compared to its fair value and its price relative to the market?
21.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LOPE ($83.1) is trading below our estimate of fair value ($106.12)
Significantly Below Fair Value: LOPE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LOPE is good value based on its PE Ratio (15.6x) compared to the US Consumer Services industry average (34.4x).
PE vs Market: LOPE is good value based on its PE Ratio (15.6x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: LOPE is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: LOPE is overvalued based on its PB Ratio (2.6x) compared to the US Consumer Services industry average (1.9x).
Next Steps
Future Growth
How is Grand Canyon Education forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOPE's forecast earnings growth (10% per year) is above the savings rate (2.2%).
Earnings vs Market: LOPE's earnings (10% per year) are forecast to grow slower than the US market (22.9% per year).
High Growth Earnings: LOPE's earnings are forecast to grow, but not significantly.
Revenue vs Market: LOPE's revenue (9.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: LOPE's revenue (9.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LOPE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Grand Canyon Education performed over the past 5 years?
16.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LOPE has high quality earnings.
Growing Profit Margin: LOPE's current net profit margins (31.1%) are lower than last year (33.2%).
Past Earnings Growth Analysis
Earnings Trend: LOPE's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: LOPE's earnings growth over the past year (8.3%) is below its 5-year average (16.1% per year).
Earnings vs Industry: LOPE earnings growth over the past year (8.3%) exceeded the Consumer Services industry 8.1%.
Return on Equity
High ROE: LOPE's Return on Equity (17%) is considered low.
Next Steps
Financial Health
How is Grand Canyon Education's financial position?
Financial Position Analysis
Short Term Liabilities: LOPE's short term assets ($222.6M) exceed its short term liabilities ($150.6M).
Long Term Liabilities: LOPE's short term assets ($222.6M) exceed its long term liabilities ($150.3M).
Debt to Equity History and Analysis
Debt Level: LOPE's debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: LOPE's debt to equity ratio has reduced from 15.3% to 8.3% over the past 5 years.
Debt Coverage: LOPE's debt is well covered by operating cash flow (271.9%).
Interest Coverage: LOPE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Grand Canyon Education current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LOPE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LOPE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LOPE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LOPE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LOPE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Brian Mueller (66 yo)
12.17yrs
Tenure
US$1,929,086
Compensation
Mr. Brian E. Mueller has been the Chief Executive Officer of Grand Canyon Education, Inc. since July 1, 2008 and also serves as its President. Mr. Mueller serves as Chairman, President, Chief Executive Off ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD5.74M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 12.17yrs | US$1.93m | 0.61% $ 23.8m | |
| Chief Financial Officer | 12.17yrs | US$1.39m | 0.23% $ 9.0m | |
| Chief Operating Officer | 8.17yrs | US$1.40m | 0.22% $ 8.4m | |
| Chief Information Officer | 11yrs | US$1.20m | 0.11% $ 4.1m | |
| Chief Executive Officer of Orbis Education Services | 1.67yrs | US$779.24k | 0.020% $ 786.2k | |
| Senior VP | 1.08yrs | no data | 0.032% $ 1.2m | |
| Chief Data Officer | 2.17yrs | US$639.50k | 0.055% $ 2.1m | |
| Executive Vice President of University Partnerships | 2yrs | no data | no data |
5.2yrs
Average Tenure
59.5yo
Average Age
Experienced Management: LOPE's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 12.17yrs | US$1.93m | 0.61% $ 23.8m | |
| Independent Director | 11.83yrs | US$152.50k | 0.035% $ 1.4m | |
| Lead Independent Director | 3.67yrs | US$180.83k | 0.023% $ 908.5k | |
| Independent Director | 1.08yrs | US$36.25k | 0.0020% $ 77.5k | |
| Independent Director | 1.08yrs | US$36.25k | 0.0022% $ 85.7k |
3.7yrs
Average Tenure
60yo
Average Age
Experienced Board: LOPE's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LOPE insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Grand Canyon Education, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Grand Canyon Education, Inc.
- Ticker: LOPE
- Exchange: NasdaqGS
- Founded: 1949
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$3.894b
- Shares outstanding: 46.86m
- Website: https://www.gce.com
Number of Employees
Location
- Grand Canyon Education, Inc.
- 2600 West Camelback Road
- Phoenix
- Arizona
- 85017
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LOPE | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2008 |
| GKD | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2008 |
Biography
Grand Canyon Education, Inc. provides education services to colleges and universities in the United States. The company’s technology services include learning management system, internal administration, in ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/26 06:06 |
| End of Day Share Price | 2020/09/25 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.