American Public Education (NASDAQ:APEI) issued its earnings results on Tuesday. The company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by ($0.25), Briefing.com reports. American Public Education had a return on equity of 7.79% and a net margin of 6.98%. The company had revenue of $67.89 million during the quarter, compared to analyst estimates of $66.16 million. During the same period in the prior year, the business earned $0.33 earnings per share. American Public Education’s quarterly revenue was down 7.0% on a year-over-year basis. American Public Education updated its Q4 guidance to $0.35-0.40 EPS.
Shares of APEI traded up $4.08 during trading hours on Wednesday, reaching $27.91. 10,246 shares of the company’s stock traded hands, compared to its average volume of 99,102. The firm has a market capitalization of $374.07 million, a price-to-earnings ratio of 17.03, a P/E/G ratio of 1.59 and a beta of 0.93. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.69 and a quick ratio of 5.69. American Public Education has a twelve month low of $21.51 and a twelve month high of $34.97. The business’s fifty day simple moving average is $22.50 and its two-hundred day simple moving average is $27.22.
Several brokerages have weighed in on APEI. ValuEngine raised American Public Education from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Barrington Research reaffirmed a “hold” rating on shares of American Public Education in a research report on Tuesday, October 15th. Finally, BidaskClub lowered American Public Education from a “hold” rating to a “sell” rating in a research report on Saturday, November 2nd. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. American Public Education presently has an average rating of “Hold” and a consensus target price of $36.50.
About American Public Education
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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