Aspen Group (ASPU) Issues Quarterly Earnings Results

Aspen Group (NASDAQ:ASPU) posted its quarterly earnings results on Thursday. The technology company reported ($0.12) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.03, reports. Aspen Group had a negative net margin of 11.48% and a negative return on equity of 32.02%.

Aspen Group (NASDAQ ASPU) opened at $7.92 on Friday. Aspen Group has a 52-week low of $3.78 and a 52-week high of $9.61. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.12 and a quick ratio of 3.12.

ASPU has been the topic of several research analyst reports. Roth Capital lifted their price objective on shares of Aspen Group from $9.60 to $12.25 and gave the stock a “buy” rating in a research report on Thursday, December 14th. Zacks Investment Research cut shares of Aspen Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. Taglich Brothers reiterated a “speculative buy” rating on shares of Aspen Group in a research report on Tuesday, December 19th. Finally, Craig Hallum initiated coverage on shares of Aspen Group in a research report on Monday, February 12th. They set a “buy” rating and a $12.00 price objective on the stock.

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About Aspen Group

Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).

Earnings History for Aspen Group (NASDAQ:ASPU)

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