Capella Education Company (CPLA) was Reiterated by Barrington Research to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 66 from a previous price target of $60 . Barrington Research advised their investors in a research report released on Jul 27, 2016.
On the company’s financial health, Capella Education Company reported $0.93 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $0.84. The company had revenue of $106.70 million for the quarter, compared to analysts expectations of $105.93 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.
Capella Education Company closed down -0.57 points or -0.95% at $59.37 with 75,857 shares getting traded on Thursday. Post opening the session at $60.24, the shares hit an intraday low of $59.2 and an intraday high of $60.45 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on May 19, 2016, Darrell R Tukua (director) sold 250 shares at $52.23 per share price. According to the SEC, on Apr 20, 2016, Stephen G Shank (director) sold 5,650 shares at $50.95 per share price. On Aug 28, 2015, J Kevin Gilligan (CEO) purchased 1,000 shares at $47.48 per share price, according to the Form-4 filing with the securities and exchange commission.
Capella Education Company is an online postsecondary education services company. The Companys academic programs are delivered through its wholly owned subsidiary Capella University (the University) an online academic institution offering online postsecondary education services primarily to working adults. The University offers a variety of doctoral masters and bachelors programs in the public service leadership nursing and health sciences behavioral health and human services business management and information technology and education markets. The Company also offers educational programming through its other subsidiaries: Resource Development International (RDI) an independent provider of United Kingdom university distance learning qualifications; Sophia Learning LLC (Sophia) a social teaching and learning platform that integrates education with technology and Capella Learning Solutions (CLS) a provider of online training solutions and services to corporate partners.