Grand Canyon Education: Positive Traction Warrants A Buy

Bhagyesh Shah, CFA
369 Followers

Summary

  • Grand Canyon Education has had some volatile years since the pandemic with a spike in enrollments during COVID followed by a reset.
  • It has demonstrated strong earnings momentum as a result of its focus on job ready programs, affordability with no tuition increases and hybrid approach enabling students to work part time.
  • We believe LOPE is poised to capitalize on its position amidst the current environment and assign a Buy rating.

College students taking notes during class

SDI Productions/E+ via Getty Images

Investment Thesis

Grand Canyon Education (NASDAQ:LOPE) had a mixed earnings since the pandemic as the surge in COVID-19 compelled students to pursue courses online which led to an increase in enrollments pushing the

This article was written by

369 Followers
Investment analyst with about a decade of experience within Financial Services including a Wall Street Bank. Focused on long term value creation in select stocks that are undercovered and could have a significant growth potential.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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