Analysts forecast that American Public Education, Inc. (NASDAQ:APEI) will report earnings per share (EPS) of $0.38 for the current quarter, Zacks reports. Two analysts have issued estimates for American Public Education’s earnings, with estimates ranging from $0.31 to $0.44. American Public Education reported earnings per share of $0.37 in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.7%. The company is scheduled to issue its next earnings results on Tuesday, March 9th.
On average, analysts expect that American Public Education will report full year earnings of $1.17 per share for the current year, with EPS estimates ranging from $1.10 to $1.23. For the next financial year, analysts forecast that the company will report earnings of $1.42 per share, with EPS estimates ranging from $1.34 to $1.50. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover American Public Education.
American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Saturday, November 14th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. American Public Education had a return on equity of 5.95% and a net margin of 5.63%. The company had revenue of $79.13 million during the quarter, compared to analysts’ expectations of $76.00 million.
APEI has been the subject of a number of research analyst reports. B. Riley started coverage on American Public Education in a report on Friday, December 18th. They set a “buy” rating and a $45.00 price target for the company. Barrington Research upped their target price on American Public Education from $37.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, November 10th. Zacks Investment Research cut American Public Education from a “strong-buy” rating to a “hold” rating and set a $33.00 price target for the company. in a research note on Tuesday, October 13th. Finally, Sidoti raised American Public Education from a “neutral” rating to a “buy” rating and set a $39.00 price target for the company in a research note on Monday, November 2nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $39.00.
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American Public Education stock opened at $31.87 on Monday. American Public Education has a 52 week low of $18.47 and a 52 week high of $41.09. The stock has a market capitalization of $471.96 million, a P/E ratio of 27.47, a price-to-earnings-growth ratio of 1.50 and a beta of 0.79. The stock has a fifty day moving average of $31.84 and a 200-day moving average of $30.52.
In other American Public Education news, Director Jean C. Halle sold 1,759 shares of the stock in a transaction dated Wednesday, November 25th. The shares were sold at an average price of $30.95, for a total transaction of $54,441.05. Following the completion of the transaction, the director now owns 14,640 shares of the company’s stock, valued at approximately $453,108. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 2,959 shares of company stock valued at $91,525 in the last quarter. 3.73% of the stock is currently owned by company insiders.
Several large investors have recently made changes to their positions in APEI. Sei Investments Co. lifted its stake in American Public Education by 74.4% in the third quarter. Sei Investments Co. now owns 22,192 shares of the company’s stock worth $594,000 after purchasing an additional 9,468 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in shares of American Public Education by 52.8% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 86,860 shares of the company’s stock worth $2,449,000 after acquiring an additional 30,013 shares during the period. Mackay Shields LLC increased its position in shares of American Public Education by 112.2% during the third quarter. Mackay Shields LLC now owns 57,500 shares of the company’s stock worth $1,621,000 after acquiring an additional 30,400 shares during the period. State of Tennessee Treasury Department increased its position in shares of American Public Education by 29.6% during the second quarter. State of Tennessee Treasury Department now owns 12,259 shares of the company’s stock worth $363,000 after acquiring an additional 2,802 shares during the period. Finally, Assenagon Asset Management S.A. increased its position in shares of American Public Education by 1,045.0% during the third quarter. Assenagon Asset Management S.A. now owns 78,000 shares of the company’s stock worth $2,199,000 after acquiring an additional 71,188 shares during the period. 94.10% of the stock is owned by hedge funds and other institutional investors.
American Public Education Company Profile
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates in two segments, American Public Education and Hondros College of Nursing. It offers 121 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.
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