Analysts Expect American Public Education, Inc. (APEI) Will Post Quarterly Sales of $77.43 Million

Analysts expect American Public Education, Inc. (NASDAQ:APEI) to announce $77.43 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for American Public Education’s earnings. The lowest sales estimate is $76.50 million and the highest is $78.36 million. American Public Education posted sales of $78.09 million in the same quarter last year, which would indicate a negative year over year growth rate of 0.8%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, February 26th.

On average, analysts expect that American Public Education will report full-year sales of $298.19 million for the current financial year, with estimates ranging from $297.26 million to $299.12 million. For the next fiscal year, analysts anticipate that the business will report sales of $302.53 million, with estimates ranging from $302.00 million to $303.06 million. Zacks’ sales averages are an average based on a survey of research firms that cover American Public Education.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Tuesday, November 6th. The company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The business had revenue of $72.99 million during the quarter, compared to the consensus estimate of $72.24 million. American Public Education had a return on equity of 8.77% and a net margin of 8.35%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS.



A number of equities analysts have recently issued reports on APEI shares. Zacks Investment Research raised American Public Education from a “sell” rating to a “hold” rating in a research report on Friday, November 30th. BidaskClub downgraded American Public Education from a “sell” rating to a “strong sell” rating in a research report on Saturday, September 15th. TheStreet downgraded American Public Education from a “b-” rating to a “c+” rating in a research report on Wednesday, November 7th. Finally, Barrington Research reaffirmed a “buy” rating and set a $40.00 price objective on shares of American Public Education in a research report on Wednesday, November 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $42.25.

In other American Public Education news, insider Wallace E. Jr. Boston sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $36.00, for a total value of $432,000.00. Following the sale, the insider now directly owns 367,001 shares of the company’s stock, valued at $13,212,036. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders sold 12,300 shares of company stock worth $440,634. 3.19% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APEI. AQR Capital Management LLC boosted its stake in American Public Education by 65.0% during the third quarter. AQR Capital Management LLC now owns 642,454 shares of the company’s stock worth $21,233,000 after buying an additional 253,121 shares during the last quarter. BlackRock Inc. raised its holdings in shares of American Public Education by 7.1% in the 2nd quarter. BlackRock Inc. now owns 2,247,399 shares of the company’s stock valued at $94,614,000 after buying an additional 149,612 shares during the period. Millennium Management LLC raised its holdings in shares of American Public Education by 193.0% in the 2nd quarter. Millennium Management LLC now owns 141,163 shares of the company’s stock valued at $5,943,000 after buying an additional 92,983 shares during the period. Citadel Advisors LLC raised its holdings in shares of American Public Education by 74.6% in the 3rd quarter. Citadel Advisors LLC now owns 173,738 shares of the company’s stock valued at $5,742,000 after buying an additional 74,217 shares during the period. Finally, American Century Companies Inc. acquired a new position in American Public Education during the 3rd quarter worth $1,792,000. 93.62% of the stock is currently owned by institutional investors.

NASDAQ:APEI opened at $29.64 on Friday. American Public Education has a fifty-two week low of $23.15 and a fifty-two week high of $46.15. The firm has a market cap of $484.35 million, a P/E ratio of 22.98, a P/E/G ratio of 1.19 and a beta of 0.58.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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