The company Grand Canyon Education has an important growth potential.
The company is characterized by a great growth potential and a strong profitability. Upward revisions have been made on EPS and earnings in a two-year horizon. Net income is expected to increase by 13.5% this year. The security benefits from the optimism of analysts who are covering it: they mostly have a "buyer" rating and target on average a 20% appreciation potential.
Technically, prices evolve in a bullish trend on the medium and long term. In the short term, the stock evolve within a trading range between USD 43/48.6. It is coming back now on the lower limit of this range, the USD 42.9/43.8 support area. This threshold is likely to allow a significant technical rebound.
According to those elements, the timing seems opportune to open a long position on the security. A first target price can be set at USD 48.6 and a stop loss will protect the position under USD 42.9.
At the publication date, the company Surperformance, 4-traders.com website publisher, held a position of 217 shares, acquired at an average price of USD 46.34
Grand Canyon Education, Inc. is an education services company, which primarily serves colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services, and field experience counseling. The Company provides marketing and communication services that include lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis. Its back-office services include finance and accounting, human resources, audit and procurement.
GRAND CANYON EDUCATION, INC. 
