Equity research analysts expect American Public Education, Inc. (NASDAQ:APEI – Get Rating) to report earnings of $0.26 per share for the current quarter, Zacks reports. Four analysts made earnings estimates from American Public Education, with the lowest EPS estimate at $0.15 and the highest at $0.45. American Public Education posted earnings per share of $0.49 in the same quarter last year, suggesting a negative 46.9% year-over-year growth rate. The company is due to announce its next results on Monday, January 1.
On average, analysts expect American Public Education to report annual earnings of $1.20 per share for the current year, with EPS estimates ranging from $0.97 to $1.31. For next year, analysts expect the company to post earnings of $1.67 per share, with EPS estimates ranging from $1.50 to $1.77. Zacks Investment Research’s EPS calculations are an average average based on a survey of sell-side analysts who provide coverage for US public education.
American Public Education (NASDAQ:APEI – Get Rating) last released its results on Wednesday, March 2. The company reported earnings per share of $0.50 for the quarter, beating Thomson Reuters consensus estimate of $0.35 by $0.15. The company posted revenue of $154.00 million in the quarter, versus a consensus estimate of $152.10 million. American Public Education achieved a net margin of 4.24% and a return on equity of 4.37%. In the same quarter last year, the company achieved EPS of $0.47.
A number of equity research analysts have weighed in on the stock recently. StockNews.com moved shares of American Public Education from a “hold” rating to a “buy” rating in a research report on Thursday. Zacks Investment Research has moved American Public Education shares from a “hold” rating to a “strong sell” rating and has set a price target of $17.00 for the company. in a research report on Tuesday, March 1. Finally, Truist Financial lowered its price target on American Public Education stock from $36.00 to $26.00 and set a “buy” rating on the stock in a Friday 4 March.
Several institutional investors have recently changed their stake in the company. Marshall Wace LLP bought a new stake in American Public Education stock in the first quarter, valued at around $56,000. Amundi Pioneer Asset Management Inc. increased its stake in US Public Education by 113.8% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 13,686 shares of the company valued at $412,000 after purchasing an additional 7,286 shares last quarter. Morgan Stanley increased its holdings in US public education by 58.2% during the 2nd quarter. Morgan Stanley now owns 73,471 shares of the company valued at $2,082,000 after buying an additional 27,021 shares last quarter. Royal Bank of Canada increased its holdings in American Public Education by 21.6% during the second quarter. Royal Bank of Canada now owns 6,607 shares of the company valued at $188,000 after buying 1,173 more shares last quarter. Finally, WINTON GROUP Ltd increased its stake in American Public Education by 15.0% during the 3rd quarter. WINTON GROUP Ltd now owns 20,019 shares in the company valued at $513,000 after purchasing an additional 2,605 shares in the last quarter. Institutional investors and hedge funds own 94.15% of the company’s shares.
NASDAQ:APEI shares traded down $0.29 during Friday’s trading, hitting $20.76. The company’s shares had a trading volume of 36,825 shares, compared to an average volume of 71,474. The company has a market capitalization of $391.45 million, a PE ratio of 20.55, a P/E ratio /G of 1.22 and a beta of 0.60. The company has a 50-day moving average price of $21.30 and a two-hundred-day moving average price of $22.29. American Public Education has a fifty-two week minimum of $16.97 and a fifty-two week maximum of $33.08. The company has a debt ratio of 0.37, a quick ratio of 2.42 and a current ratio of 2.42.
About American Public Education (Get a rating)
American Public Education, Inc, together with its subsidiaries, provides online and on-campus post-secondary education. The Company operates through three segments: American Public University System, Rasmussen University and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health sciences, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence and homeland security.
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