Zacks Cuts Capella Education to Underperform (CPLA)
Capella Education (NASDAQ: CPLA) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Monday. They currently have a $28.00 target price on the stock.
Shares of Capella Education opened at 30.86 on Monday. Capella Education has a 52 week low of $26.12 and a 52 week high of $54.86. The company has a market cap of $416.2 million and a P/E ratio of 9.31.
Capella Education last issued its quarterly earnings data on Tuesday, April 24th. The company reported $0.82 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.78 by $0.04. Capella Education’s revenue was down 1.8% compared to the same quarter last year. On average, analysts predict that Capella Education will post $0.50 earnings per share next quarter.
A number of other firms have also recently commented on CPLA. Analysts at Oppenheimer (NYSE: OPY) cut their price target on shares of Capella Education from $47.00 to $39.00 in a research note to investors on Wednesday, April 25th. They now have an “outperform” rating on the stock. Analysts at Deutsche Bank (NYSE: DB) initiated coverage on shares of Capella Education in a research note to investors on Monday, April 2nd. They set a “hold” rating and a $25.00 price target on the stock.
Capella Education Company is an online postsecondary education services company. Through its wholly owned subsidiary, Capella University, the Company offers a variety of doctoral, master’s and bachelor’s programs.