American Public Education (NASDAQ:APEI) Issues Q4 2024 Earnings Guidance

American Public Education (NASDAQ:APEI) issued an update on its fourth quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.470-0.560 for the period, compared to the consensus earnings per share estimate of 0.590. The company issued revenue guidance of $159.0 million-$164.0 million, compared to the consensus revenue estimate of $161.5 million. American Public Education also updated its FY 2024 guidance to EPS.

American Public Education Trading Down 2.5 %

Shares of NASDAQ:APEI traded down $0.44 during trading on Tuesday, reaching $17.32. The company’s stock had a trading volume of 114,415 shares, compared to its average volume of 196,567. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37. American Public Education has a 12 month low of $5.39 and a 12 month high of $21.04. The firm’s 50 day simple moving average is $14.90 and its two-hundred day simple moving average is $16.18. The stock has a market capitalization of $306.56 million, a PE ratio of 69.28, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24.

Analyst Ratings Changes

A number of research analysts recently commented on APEI shares. Barrington Research reaffirmed an “outperform” rating and issued a $18.00 price target on shares of American Public Education in a report on Tuesday, October 29th. B. Riley increased their price objective on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Truist Financial reduced their price objective on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating on the stock in a research report on Tuesday, August 13th. Finally, StockNews.com lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

Insider Activity

In other American Public Education news, Director Michael David Braner bought 59,179 shares of American Public Education stock in a transaction that occurred on Tuesday, August 20th. The stock was purchased at an average price of $14.05 per share, with a total value of $831,464.95. Following the completion of the acquisition, the director now directly owns 1,788,688 shares in the company, valued at approximately $25,131,066.40. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have acquired 182,287 shares of company stock worth $2,635,431. Corporate insiders own 11.38% of the company’s stock.

About American Public Education

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.