American Public Education, Inc. (NASDAQ:APEI) – Equities research analysts at Barrington Research lifted their FY2019 earnings per share estimates for American Public Education in a research note issued on Wednesday, November 13th. Barrington Research analyst A. Paris. Jr now forecasts that the company will post earnings of $1.08 per share for the year, up from their prior forecast of $0.98. Barrington Research currently has a “Hold” rating on the stock. Barrington Research also issued estimates for American Public Education’s Q4 2019 earnings at $0.38 EPS and FY2020 earnings at $0.85 EPS.
American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.25). American Public Education had a net margin of 4.64% and a return on equity of 6.58%. The firm had revenue of $67.89 million for the quarter, compared to analysts’ expectations of $66.16 million. During the same period last year, the firm posted $0.33 EPS. American Public Education’s revenue was down 7.0% on a year-over-year basis.
APEI has been the subject of a number of other research reports. ValuEngine raised American Public Education from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research raised American Public Education from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research report on Thursday. Finally, BidaskClub downgraded American Public Education from a “hold” rating to a “sell” rating in a research report on Saturday, November 2nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. American Public Education presently has a consensus rating of “Hold” and a consensus target price of $33.67.
APEI stock opened at $26.52 on Friday. The stock has a 50-day moving average price of $22.68 and a two-hundred day moving average price of $27.12. American Public Education has a 12-month low of $21.51 and a 12-month high of $34.97. The company has a current ratio of 5.69, a quick ratio of 5.69 and a debt-to-equity ratio of 0.03. The company has a market cap of $382.42 million, a PE ratio of 16.37, a price-to-earnings-growth ratio of 1.62 and a beta of 0.93.
Hedge funds have recently bought and sold shares of the business. Marshall Wace LLP purchased a new stake in shares of American Public Education in the first quarter worth about $56,000. Bank of Montreal Can boosted its position in shares of American Public Education by 275.5% in the second quarter. Bank of Montreal Can now owns 2,403 shares of the company’s stock worth $72,000 after buying an additional 1,763 shares during the period. Meeder Asset Management Inc. boosted its position in shares of American Public Education by 144.7% in the third quarter. Meeder Asset Management Inc. now owns 3,345 shares of the company’s stock worth $75,000 after buying an additional 1,978 shares during the period. Tower Research Capital LLC TRC purchased a new stake in shares of American Public Education in the third quarter worth about $80,000. Finally, Aperio Group LLC purchased a new stake in shares of American Public Education in the second quarter worth about $133,000. 96.46% of the stock is owned by hedge funds and other institutional investors.
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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