Research Analysts Issue Forecasts for American Public Education, Inc.’s Q2 2024 Earnings (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEIFree Report) – Investment analysts at William Blair cut their Q2 2024 EPS estimates for American Public Education in a research report issued on Wednesday, March 6th. William Blair analyst S. Sheldon now forecasts that the company will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.08. The consensus estimate for American Public Education’s current full-year earnings is $0.62 per share. William Blair also issued estimates for American Public Education’s Q3 2024 earnings at $0.29 EPS, Q4 2024 earnings at $0.63 EPS, FY2024 earnings at $0.94 EPS and FY2025 earnings at $1.33 EPS.

Several other analysts also recently commented on the company. Truist Financial upped their price objective on American Public Education from $6.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday. B. Riley restated a “buy” rating and set a $15.00 price target (up previously from $12.00) on shares of American Public Education in a research note on Wednesday. Finally, Barrington Research lifted their price objective on shares of American Public Education from $8.00 to $15.00 and gave the company an “outperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

View Our Latest Stock Analysis on American Public Education

American Public Education Stock Performance

NASDAQ APEI opened at $12.29 on Friday. The firm has a market cap of $215.08 million, a P/E ratio of -4.18, a P/E/G ratio of 1.47 and a beta of 1.25. American Public Education has a 52-week low of $3.76 and a 52-week high of $16.39. The business’s 50-day moving average price is $11.26 and its 200 day moving average price is $7.85. The company has a quick ratio of 2.47, a current ratio of 2.94 and a debt-to-equity ratio of 0.38.

Institutional Investors Weigh In On American Public Education

Institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank lifted its holdings in shares of American Public Education by 7.5% in the 1st quarter. Swiss National Bank now owns 44,300 shares of the company’s stock valued at $941,000 after buying an additional 3,100 shares during the period. PNC Financial Services Group Inc. raised its position in American Public Education by 10.1% in the first quarter. PNC Financial Services Group Inc. now owns 10,783 shares of the company’s stock worth $230,000 after acquiring an additional 988 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in American Public Education by 46.6% in the first quarter. MetLife Investment Management LLC now owns 9,417 shares of the company’s stock valued at $200,000 after acquiring an additional 2,995 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of American Public Education by 14.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,129 shares of the company’s stock worth $343,000 after purchasing an additional 1,989 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in shares of American Public Education by 4.8% during the 1st quarter. Yousif Capital Management LLC now owns 17,305 shares of the company’s stock worth $368,000 after purchasing an additional 795 shares during the period. Hedge funds and other institutional investors own 81.53% of the company’s stock.

About American Public Education

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American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 136 degree programs and 115 certificate programs in various fields of study, including nursing, public health, public administration, and business administration.

See Also

Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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