American Public Education, Inc. (NASDAQ:APEI – Get Rating) – Equities researchers at Zacks Research increased their Q1 2023 earnings per share (EPS) estimates for American Public Education in a research note issued to investors on Tuesday, November 22nd. Zacks Research analyst A. Gupta now forecasts that the company will earn $0.07 per share for the quarter, up from their previous forecast of $0.05. The consensus estimate for American Public Education’s current full-year earnings is ($0.24) per share. Zacks Research also issued estimates for American Public Education’s Q2 2023 earnings at $0.08 EPS and FY2023 earnings at $0.32 EPS.
Several other analysts have also recently commented on APEI. Barrington Research reiterated a “buy” rating and issued a $15.00 target price on shares of American Public Education in a report on Friday, September 23rd. Truist Financial reduced their target price on American Public Education from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 11th. StockNews.com initiated coverage on American Public Education in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, TheStreet cut American Public Education from a “c” rating to a “d” rating in a report on Wednesday, August 10th.
American Public Education Stock Up 0.9 %
Shares of APEI stock opened at $12.89 on Thursday. The business’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $12.83. American Public Education has a one year low of $7.82 and a one year high of $24.73. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.47.
Hedge Funds Weigh In On American Public Education
A number of institutional investors and hedge funds have recently modified their holdings of APEI. Comerica Bank boosted its holdings in shares of American Public Education by 5.1% during the 1st quarter. Comerica Bank now owns 16,263 shares of the company’s stock worth $356,000 after buying an additional 795 shares in the last quarter. Royce & Associates LP raised its position in shares of American Public Education by 2.6% during the first quarter. Royce & Associates LP now owns 762,245 shares of the company’s stock worth $16,190,000 after purchasing an additional 19,306 shares during the period. Swiss National Bank raised its position in shares of American Public Education by 7.5% during the first quarter. Swiss National Bank now owns 44,300 shares of the company’s stock worth $941,000 after purchasing an additional 3,100 shares during the period. Boston Partners raised its position in shares of American Public Education by 57.1% during the first quarter. Boston Partners now owns 14,890 shares of the company’s stock worth $316,000 after purchasing an additional 5,410 shares during the period. Finally, Systematic Financial Management LP raised its position in shares of American Public Education by 11.1% during the first quarter. Systematic Financial Management LP now owns 1,094,679 shares of the company’s stock worth $23,251,000 after purchasing an additional 109,360 shares during the period. 96.69% of the stock is currently owned by institutional investors.
American Public Education Company Profile
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary 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 science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.
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