According to Zacks, “Shares of American Public Education have outperformed its industry in the past year. Earnings estimates for 2018 have been trending upward in the last 60 days, reflecting analysts’ confidence on the stock’s earnings prospect. We are encouraged by the relative improvement in both returning students and new students at APUS over the last few quarters, and by the turnaround in new student enrollment at Hondros. The company has taken up several initiatives to boost its top line. It will continue to improve enrollment trends by strengthening its brand, adding new programs and expanding its strategic relationships. Again, the affordability of the company’s courses and programs will benefit the company over the long haul.”
American Public Education (NASDAQ:APEI) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday.
Other analysts also recently issued reports about the stock. TheStreet upgraded shares of American Public Education from a “c” rating to a “b-” rating in a report on Tuesday, March 6th. ValuEngine upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. BMO Capital Markets reiterated a “hold” rating and issued a $24.00 target price on shares of American Public Education in a report on Wednesday, January 17th. Finally, BidaskClub upgraded shares of American Public Education from a “sell” rating to a “hold” rating in a report on Wednesday, March 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $34.67.
Shares of APEI stock traded down $0.70 during midday trading on Tuesday, reaching $39.60. 32,787 shares of the company were exchanged, compared to its average volume of 136,617. American Public Education has a 12 month low of $17.40 and a 12 month high of $45.75. The company has a market capitalization of $666.63, a price-to-earnings ratio of 30.70, a price-to-earnings-growth ratio of 1.78 and a beta of 0.66.
American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, February 27th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.18. American Public Education had a net margin of 7.06% and a return on equity of 7.59%. The business had revenue of $78.09 million for the quarter, compared to the consensus estimate of $76.25 million. sell-side analysts anticipate that American Public Education will post 1.53 EPS for the current year.
In other news, Director Jean C. Halle sold 2,500 shares of American Public Education stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $44.20, for a total value of $110,500.00. Following the transaction, the director now directly owns 19,419 shares of the company’s stock, valued at $858,319.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Wallace E. Jr. Boston sold 10,000 shares of American Public Education stock in a transaction that occurred on Thursday, March 29th. The stock was sold at an average price of $40.80, for a total transaction of $408,000.00. Following the completion of the transaction, the insider now directly owns 395,001 shares in the company, valued at $16,116,040.80. The disclosure for this sale can be found here. Insiders sold a total of 19,550 shares of company stock worth $784,778 over the last quarter. Insiders own 3.19% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in APEI. Nationwide Fund Advisors increased its position in shares of American Public Education by 33.4% in the third quarter. Nationwide Fund Advisors now owns 19,987 shares of the company’s stock worth $421,000 after acquiring an additional 5,000 shares in the last quarter. Ameriprise Financial Inc. grew its position in American Public Education by 6.9% during the third quarter. Ameriprise Financial Inc. now owns 121,082 shares of the company’s stock valued at $2,549,000 after purchasing an additional 7,800 shares in the last quarter. Wells Fargo & Company MN grew its position in American Public Education by 53.3% during the third quarter. Wells Fargo & Company MN now owns 18,373 shares of the company’s stock valued at $387,000 after purchasing an additional 6,388 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in American Public Education by 36.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 111,006 shares of the company’s stock valued at $2,337,000 after purchasing an additional 29,516 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in American Public Education by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,167,178 shares of the company’s stock valued at $24,569,000 after purchasing an additional 5,462 shares in the last quarter. 90.91% of the stock is currently owned by institutional investors and hedge funds.
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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