Shares of American Public Education, Inc. (NASDAQ:APEI) have earned an average rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $27.00.
Several equities analysts recently commented on the stock. Piper Jaffray Companies restated a “hold” rating and issued a $29.00 price target on shares of American Public Education in a research note on Monday, December 4th. ValuEngine cut shares of American Public Education from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. TheStreet raised shares of American Public Education from a “c” rating to a “b-” rating in a research report on Thursday, November 30th. BMO Capital Markets reaffirmed a “hold” rating and set a $24.00 price objective on shares of American Public Education in a research report on Wednesday. Finally, BidaskClub cut shares of American Public Education from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 14th.
American Public Education (APEI) opened at $25.80 on Friday. American Public Education has a one year low of $17.40 and a one year high of $27.40. The company has a market cap of $410.76, a PE ratio of 21.50, a P/E/G ratio of 2.38 and a beta of 1.27.
American Public Education (NASDAQ:APEI) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.06. American Public Education had a net margin of 6.54% and a return on equity of 7.20%. The business had revenue of $73.28 million for the quarter, compared to the consensus estimate of $71.06 million. During the same period in the prior year, the company posted $0.02 earnings per share. American Public Education’s revenue was down .7% compared to the same quarter last year. equities research analysts forecast that American Public Education will post 1.08 EPS for the current fiscal year.
In related news, Director Barbara Kurshan sold 1,524 shares of the company’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $26.50, for a total transaction of $40,386.00. Following the completion of the sale, the director now owns 7,210 shares of the company’s stock, valued at $191,065. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 2,824 shares of company stock valued at $73,286 in the last ninety days. 3.59% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA lifted its position in American Public Education by 38.9% during the second quarter. BNP Paribas Arbitrage SA now owns 6,601 shares of the company’s stock worth $156,000 after purchasing an additional 1,850 shares during the period. Public Employees Retirement System of Ohio lifted its position in American Public Education by 9.4% during the second quarter. Public Employees Retirement System of Ohio now owns 7,140 shares of the company’s stock worth $169,000 after purchasing an additional 616 shares during the period. Brandywine Global Investment Management LLC bought a new stake in American Public Education during the second quarter worth about $209,000. Susquehanna International Group LLP bought a new stake in American Public Education during the third quarter worth about $214,000. Finally, Voya Investment Management LLC bought a new position in shares of American Public Education in the second quarter worth about $221,000. 90.91% of the stock is owned by institutional investors and hedge funds.
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About American Public Education
American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.
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