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Evergreen Capital Takes New Position in Grand Canyon Education, Inc. (LOPE)
Yahoo Financeยท 2025-09-10 09:13
Company Overview - Grand Canyon Education, Inc. (NASDAQ:LOPE) is an education services company based in Phoenix, Arizona, incorporated in 1949, offering technology services, academic services, counseling services, and back-office services [4]. Investment Potential - Grand Canyon Education, Inc. is considered one of the best education stocks to buy currently, with Evergreen Capital Management LLC acquiring a new stake of 1,830 shares valued at approximately $317,000 [1]. - The company has raised its guidance for FY 2025 and continues to outperform Wall Street's estimates, with management anticipating new start growth in the mid- to high single digits for the second half of the year due to an increase in students preferring online college [2]. - The asset-light model of Grand Canyon Education is noteworthy, as the company engages in aggressive buybacks to enhance EPS and shareholder returns, achieving a return of 151.95% over three years compared to the S&P 500's 65.16% [3].