Brokerages Expect American Public Education, Inc. (NASDAQ:APEI) Will Announce Earnings of $0.01 Per Share

Wall Street brokerages forecast that American Public Education, Inc. (NASDAQ:APEI) will post $0.01 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for American Public Education’s earnings, with the highest EPS estimate coming in at $0.02 and the lowest estimate coming in at $0.00. American Public Education reported earnings per share of $0.45 during the same quarter last year, which suggests a negative year-over-year growth rate of 97.8%. The company is scheduled to issue its next earnings report on Monday, August 9th.

According to Zacks, analysts expect that American Public Education will report full-year earnings of $1.11 per share for the current financial year, with EPS estimates ranging from $0.93 to $1.44. For the next financial year, analysts forecast that the company will report earnings of $1.61 per share, with EPS estimates ranging from $1.50 to $1.77. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that follow American Public Education.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Sunday, May 9th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.07. American Public Education had a net margin of 7.30% and a return on equity of 7.55%.

APEI has been the subject of several research analyst reports. TheStreet downgraded shares of American Public Education from a “b” rating to a “c+” rating in a research note on Monday, May 24th. William Blair began coverage on shares of American Public Education in a research report on Wednesday, March 17th. They set an “outperform” rating for the company. Truist began coverage on shares of American Public Education in a research report on Tuesday, April 6th. They set a “buy” rating and a $43.00 target price for the company. Finally, Truist Securities began coverage on shares of American Public Education in a research report on Tuesday, April 6th. They set a “buy” rating and a $43.00 target price for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $40.29.

A number of hedge funds have recently modified their holdings of APEI. Marshall Wace LLP bought a new stake in American Public Education in the 1st quarter worth about $56,000. Amundi Pioneer Asset Management Inc. grew its position in American Public Education by 113.8% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 13,686 shares of the company’s stock worth $412,000 after purchasing an additional 7,286 shares in the last quarter. New York State Teachers Retirement System grew its position in American Public Education by 5.2% in the 4th quarter. New York State Teachers Retirement System now owns 12,211 shares of the company’s stock worth $372,000 after purchasing an additional 600 shares in the last quarter. Strs Ohio grew its position in American Public Education by 7.2% in the 4th quarter. Strs Ohio now owns 22,200 shares of the company’s stock worth $676,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in American Public Education by 20.9% in the 4th quarter. Victory Capital Management Inc. now owns 28,529 shares of the company’s stock worth $870,000 after purchasing an additional 4,934 shares in the last quarter. 95.70% of the stock is owned by institutional investors and hedge funds.

APEI opened at $28.20 on Tuesday. American Public Education has a 1-year low of $24.97 and a 1-year high of $41.09. The company has a market capitalization of $526.52 million, a P/E ratio of 17.74, a P/E/G ratio of 1.67 and a beta of 0.58. The firm has a fifty day moving average of $30.54.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates in two segments, American Public Education and Hondros College of Nursing. It offers 129 degree programs and 112 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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Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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