Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their upward trend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Grand Canyon Education (LOPE) is highlighted as a strong candidate for trend investing, having increased by 14.8% over the past 12 weeks, reflecting investor confidence [4]. - LOPE has also seen a price increase of 25% over the past four weeks, suggesting that the upward trend is still intact, and it is currently trading at 87.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LOPE carries a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, underscoring the effectiveness of this ranking system [7]. Group 3: Additional Insights - Besides LOPE, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]. - The article encourages investors to utilize various Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8].

Core Viewpoint - Grand Canyon Education (LOPE) has experienced significant stock performance, with a 24% increase over the past month and a 52-week high of $164.93, outperforming both the Zacks Consumer Discretionary sector and the Zacks Schools industry [1][2]. Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.48 against a consensus estimate of $1.46 in its latest earnings report [2]. - For the current fiscal year, Grand Canyon Education is projected to achieve earnings of $8.03 per share on revenues of $1.03 billion, reflecting a 14.06% increase in EPS and a 7.23% increase in revenues [3]. - The next fiscal year forecasts earnings of $8.81 per share on $1.11 billion in revenues, indicating year-over-year changes of 9.71% and 7.73%, respectively [3]. Valuation Metrics - The stock trades at a valuation of 20.4X current fiscal year EPS estimates, which is above the peer industry average of 19.1X [7]. - On a trailing cash flow basis, the stock trades at 20.1X compared to the peer group's average of 12.4X, with a PEG ratio of 1.36 [7]. - Grand Canyon Education holds a Value Score of B, a Growth Score of A, and a Momentum Score of B, resulting in a VGM Score of A [6]. Zacks Rank - The company has a Zacks Rank of 2 (Buy), supported by rising earnings estimates, making it a favorable choice for investors [8]. - The recommendation is to select stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, which applies to Grand Canyon Education [8]. Industry Comparison - In comparison to industry peers, Adtalem Global Education Inc. (ATGE) also shows strong performance with a Zacks Rank of 2 (Buy) and solid earnings expectations [9]. - The Schools industry is performing well, ranking in the top 12% of all industries, indicating positive market conditions for both LOPE and ATGE [11].

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that price movements should be supported by strong fundamentals and positive earnings estimates [1][2]. Group 1: Stock Performance - Grand Canyon Education (LOPE) has shown a solid price increase of 16.1% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has experienced a price increase of 24% over the past four weeks, suggesting that the upward trend is still intact [5]. - LOPE is currently trading at 97% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - LOPE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like LOPE that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, providing additional investment opportunities [8].

Grand Canyon Education (LOPE) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.37%. A quarter ago, it was expected that this for-profit education company would post earnings of $1.09 per share when it actually produced earnings of $1.27, delivering a surprise of 16.51%.Over the last ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-34211 | --- | --- | --- | |-------------------------------------------------------------------------- ...

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Investor Relations Contact: Daniel E. Bachus Chief Financial Officer Grand Canyon Education, Inc. 602-639-6648 Dan.bachus@gce.com GRAND CANYON EDUCATION, INC. REPORTS THIRD QUARTER 2024 RESULTS PHOENIX, AZ., November 6, 2024—Grand Canyon Education, Inc. (NASDAQ: LOPE), ("GCE" or the "Company"), is a publicly traded education services company that currently provides services to 22 university partners. GCE provides a full array of support services in the post-se ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Grand Canyon Education (LOPE) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Grand Canyon Education is one of 277 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector ...

PeopleImages/iStock via Getty Images Intro We wrote about Grand Canyon Education, Inc. (NASDAQ:LOPE) in December of last year when we turned bullish on the stock due to growing enrollment numbers against a supply shortage of qualified labor in the US. Although shares have gained just over 5% year to date, the long-term technical breakout we discussed in detail in our December 2023 commentary remains intact. Furthermore, the 200-day moving average (which is being tested at present), has provided solid suppor ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Grand Canyon Education (LOPE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Grand Canyon Education is a member of the Consumer Discretionary sector. This group includes 280 individual stocks and currently holds ...

Grand Canyon Education (LOPE) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.51%. A quarter ago, it was expected that this forprofit education company would post earnings of $2.22 per share when it actually produced earnings of $2.35, delivering a surprise of 5.86%. Over the last ...