B. Riley Boosts American Public Education (NASDAQ:APEI) Price Target to $16.00

American Public Education (NASDAQ:APEI) had its price target hoisted by stock analysts at B. Riley from $15.00 to $16.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. B. Riley’s price target would indicate a potential upside of 16.03% from the stock’s previous close.

APEI has been the subject of several other research reports. Truist Financial lifted their price target on American Public Education from $6.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, March 6th. Barrington Research lifted their target price on American Public Education from $15.00 to $17.00 and gave the stock an “outperform” rating in a report on Friday, March 22nd.

American Public Education Stock Down 3.5 %

APEI opened at $13.79 on Tuesday. American Public Education has a 52 week low of $3.76 and a 52 week high of $16.39. The company has a quick ratio of 2.94, a current ratio of 2.94 and a debt-to-equity ratio of 0.38. The firm has a 50-day simple moving average of $12.85 and a two-hundred day simple moving average of $9.97. The company has a market capitalization of $242.15 million, a PE ratio of -4.69, a price-to-earnings-growth ratio of 1.53 and a beta of 1.29.

American Public Education (NASDAQ:APEI) last posted its earnings results on Tuesday, March 5th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.50. American Public Education had a positive return on equity of 3.26% and a negative net margin of 7.87%. The firm had revenue of $152.80 million during the quarter, compared to the consensus estimate of $150.54 million. Analysts forecast that American Public Education will post 0.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of APEI. Cannon Global Investment Management LLC bought a new stake in shares of American Public Education during the 1st quarter worth approximately $145,000. Mackenzie Financial Corp bought a new stake in shares of American Public Education during the third quarter worth $54,000. Jump Financial LLC bought a new stake in shares of American Public Education during the fourth quarter worth $137,000. Heron Bay Capital Management purchased a new stake in shares of American Public Education during the fourth quarter valued at $252,000. Finally, Bailard Inc. bought a new position in shares of American Public Education in the fourth quarter worth about $266,000. Hedge funds and other institutional investors own 79.62% of the company’s stock.

American Public Education Company Profile

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.