Brokers Set Expectations for American Public Education, Inc.’s Q4 2019 Earnings (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEI) – Equities researchers at First Analysis boosted their Q4 2019 earnings estimates for shares of American Public Education in a note issued to investors on Sunday, November 17th. First Analysis analyst now expects that the company will post earnings per share of $0.35 for the quarter, up from their previous forecast of $0.33. First Analysis also issued estimates for American Public Education’s Q1 2020 earnings at $0.35 EPS.

American Public Education (NASDAQ:APEI) last announced its earnings results on Tuesday, November 12th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.25). The business had revenue of $67.89 million during the quarter, compared to the consensus estimate of $66.16 million. American Public Education had a net margin of 4.64% and a return on equity of 6.68%. The company’s revenue was down 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS.

Several other equities research analysts have also recently weighed in on the stock. BidaskClub cut shares of American Public Education from a “hold” rating to a “sell” rating in a research report on Saturday, November 2nd. ValuEngine raised shares of American Public Education from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research raised shares of American Public Education from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Thursday, November 14th. Finally, Barrington Research reaffirmed a “hold” rating on shares of American Public Education in a research report on Tuesday, October 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $33.67.

Shares of American Public Education stock opened at $27.01 on Tuesday. The firm has a 50-day moving average of $22.92 and a 200-day moving average of $27.02. The stock has a market cap of $408.36 million, a PE ratio of 20.72, a PEG ratio of 1.64 and a beta of 0.93. American Public Education has a 52-week low of $21.51 and a 52-week high of $34.97. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.03 and a current ratio of 5.03.

A number of institutional investors and hedge funds have recently bought and sold shares of APEI. Marshall Wace LLP bought a new stake in American Public Education during the first quarter worth about $56,000. Bank of Montreal Can lifted its position in American Public Education by 275.5% during the second quarter. Bank of Montreal Can now owns 2,403 shares of the company’s stock worth $72,000 after purchasing an additional 1,763 shares during the period. Meeder Asset Management Inc. raised its stake in American Public Education by 144.7% during the third quarter. Meeder Asset Management Inc. now owns 3,345 shares of the company’s stock worth $75,000 after acquiring an additional 1,978 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in American Public Education during the third quarter worth about $80,000. Finally, Aperio Group LLC acquired a new position in American Public Education during the second quarter worth about $133,000. 95.76% of the stock is owned by institutional investors and hedge funds.

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

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