American Public Education (NASDAQ:APEI) posted its quarterly earnings data on Tuesday. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02, Briefing.com reports. American Public Education had a net margin of 7.97% and a return on equity of 8.61%. The firm had revenue of $72.99 million for the quarter, compared to analyst estimates of $72.24 million. During the same period last year, the firm posted $0.27 EPS. American Public Education’s quarterly revenue was down .4% on a year-over-year basis. American Public Education updated its Q4 2018 guidance to $0.48-0.53 EPS and its Q4 guidance to $0.48-0.53 EPS.
American Public Education stock traded up $1.78 during midday trading on Wednesday, reaching $36.26. The company’s stock had a trading volume of 298,143 shares, compared to its average volume of 120,971. American Public Education has a fifty-two week low of $20.60 and a fifty-two week high of $46.15. The company has a market cap of $545.93 million, a P/E ratio of 28.11, a price-to-earnings-growth ratio of 1.38 and a beta of 0.54.
A number of equities analysts recently weighed in on APEI shares. BidaskClub upgraded shares of American Public Education from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 27th. BMO Capital Markets lowered their price objective on shares of American Public Education from $44.00 to $43.00 and set a “market perform” rating on the stock in a research report on Thursday, August 9th. Zacks Investment Research lowered shares of American Public Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 30th. ValuEngine lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 9th. Finally, Barrington Research reiterated a “buy” rating and issued a $40.00 price objective on shares of American Public Education in a research report on Monday, October 22nd. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. American Public Education has an average rating of “Buy” and an average target price of $42.25.
A number of institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC lifted its holdings in American Public Education by 319.0% in the third quarter. SG Americas Securities LLC now owns 30,325 shares of the company’s stock valued at $1,002,000 after acquiring an additional 23,088 shares during the period. Systematic Financial Management LP lifted its holdings in American Public Education by 22.7% in the third quarter. Systematic Financial Management LP now owns 40,125 shares of the company’s stock valued at $1,326,000 after acquiring an additional 7,410 shares during the period. American Century Companies Inc. acquired a new stake in American Public Education in the third quarter valued at $1,792,000. Victory Capital Management Inc. lifted its holdings in American Public Education by 42.5% in the third quarter. Victory Capital Management Inc. now owns 6,431 shares of the company’s stock valued at $213,000 after acquiring an additional 1,917 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new stake in American Public Education in the third quarter valued at $200,000. 91.75% of the stock is owned by institutional investors.
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American Public Education Company Profile
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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