Comments for LOPE - Stockpickr! Your Source for Stock Ideas

Comments for LOPE

Added By	Comments	Type	Date Added
rocco45	education	Hate	August 01, 2009
uniqueform	future growth	Hate	June 09, 2009
barrons3	Outperform - Price 16.74 on Dec. 23 by Barrington Research [We're initiating coverage on] this for-profit provider of postsecondary education...with a 22 price target -- 30%-plus above current levels. We believe Grand Canyon's mix of a rapidly growing online program (85% of enrollment), anchored by a traditional ground-based program (15%) with a nearly 60-year history and heritage, differentiate it from [rivals]. Management's three- to five-year growth plan calls for compound annual growth in enrollment of 20% to 25%, revenue of 25% to 30% and diluted [earnings per share] of 35%-plus. We estimate Ebit [earnings before interest and taxes] margins will more than triple in '08 to 7.3%, from 1.8% in 2007, on their way to the high teens in 2009 and 20%-plus in 2010 and beyond. At current levels, the stock is trading at 30.6 times and 18.6 times our '09 (55 cents) and '10 (90 cents) estimates. Market cap: $758 million.	Love	December 27, 2008