American Public Education, Inc. (NASDAQ:APEI - Free Report) - Equities research analysts at Barrington Research increased their FY2024 earnings per share (EPS) estimates for shares of American Public Education in a research note issued to investors on Wednesday, November 13th. Barrington Research analyst A. Paris now anticipates that the company will post earnings of $0.45 per share for the year, up from their prior estimate of $0.41. Barrington Research has a "Outperform" rating and a $24.00 price objective on the stock. The consensus estimate for American Public Education's current full-year earnings is $0.48 per share. Barrington Research also issued estimates for American Public Education's Q4 2024 earnings at $0.53 EPS and FY2025 earnings at $1.40 EPS.
Several other research firms have also issued reports on APEI. B. Riley increased their target price on shares of American Public Education from $22.00 to $25.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Truist Financial increased their price objective on shares of American Public Education from $15.00 to $20.00 and gave the company a "hold" rating in a research note on Thursday. Finally, StockNews.com downgraded American Public Education from a "buy" rating to a "hold" rating in a research note on Thursday.
Check Out Our Latest Research Report on APEI
American Public Education Stock Up 4.0 %
NASDAQ APEI traded up $0.73 on Monday, reaching $19.05. The company had a trading volume of 171,604 shares, compared to its average volume of 198,399. The company has a quick ratio of 2.83, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company's fifty day moving average is $15.24 and its 200 day moving average is $16.34. American Public Education has a 52-week low of $5.41 and a 52-week high of $21.04. The stock has a market capitalization of $337.38 million, a P/E ratio of 34.02, a P/E/G ratio of 2.58 and a beta of 1.24.
Institutional Trading of American Public Education
Hedge funds and other institutional investors have recently modified their holdings of the business. Innealta Capital LLC purchased a new position in American Public Education in the 2nd quarter valued at approximately $34,000. Quarry LP lifted its holdings in American Public Education by 94.0% during the 2nd quarter. Quarry LP now owns 4,666 shares of the company's stock worth $82,000 after purchasing an additional 2,261 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in American Public Education during the 1st quarter worth about $130,000. MetLife Investment Management LLC boosted its stake in American Public Education by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company's stock worth $136,000 after purchasing an additional 5,187 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new position in American Public Education during the 1st quarter valued at about $141,000. Institutional investors own 79.62% of the company's stock.
Insider Buying and Selling
In other news, Director Michael David Braner acquired 59,179 shares of American Public Education stock in a transaction on Tuesday, August 20th. The stock was acquired at an average cost of $14.05 per share, with a total value of $831,464.95. Following the completion of the acquisition, the director now owns 1,788,688 shares in the company, valued at approximately $25,131,066.40. This trade represents a 3.42 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders purchased 117,983 shares of company stock worth $1,747,393. Insiders own 11.38% of the company's stock.
About American Public Education
(
Get Free Report)
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.
Further Reading
Before you consider American Public Education, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Public Education wasn't on the list.
While American Public Education currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
