American Public Education (NASDAQ:APEI) Lifted to Buy at BidaskClub

BidaskClub upgraded shares of American Public Education (NASDAQ:APEI) from a hold rating to a buy rating in a report published on Thursday morning, BidAskClub reports.

A number of other analysts also recently issued reports on the stock. Barrington Research restated a hold rating on shares of American Public Education in a report on Tuesday, October 15th. Zacks Investment Research upgraded shares of American Public Education from a hold rating to a buy rating and set a $28.00 price target for the company in a report on Thursday, November 14th. Finally, ValuEngine upgraded shares of American Public Education from a sell rating to a hold rating in a report on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $33.67.

Shares of NASDAQ APEI traded down $0.12 during midday trading on Thursday, reaching $26.95. 2,628 shares of the stock were exchanged, compared to its average volume of 110,364. The company has a 50 day simple moving average of $24.42 and a 200 day simple moving average of $26.41. The stock has a market capitalization of $401.74 million, a P/E ratio of 16.60, a PEG ratio of 1.62 and a beta of 0.95. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.03 and a current ratio of 5.03. American Public Education has a twelve month low of $21.51 and a twelve month high of $34.97.

American Public Education (NASDAQ:APEI) last announced its quarterly 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 firm had revenue of $67.89 million for the quarter, compared to analyst estimates of $66.16 million. American Public Education had a return on equity of 6.68% and a net margin of 4.64%. The firm’s quarterly revenue was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 EPS. On average, research analysts expect that American Public Education will post 1.08 earnings per share for the current year.

In related news, COO Robert E. Gay sold 3,488 shares of American Public Education stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $27.02, for a total value of $94,245.76. Following the completion of the sale, the chief operating officer now owns 10,479 shares in the company, valued at approximately $283,142.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 4,088 shares of company stock valued at $108,666 in the last quarter. 2.70% of the stock is owned by insiders.

Institutional investors have recently bought and sold shares of the stock. Millennium Management LLC grew its stake in shares of American Public Education by 8.2% in the third quarter. Millennium Management LLC now owns 161,174 shares of the company’s stock worth $3,600,000 after acquiring an additional 12,223 shares in the last quarter. Barclays PLC increased its stake in shares of American Public Education by 12.2% during the third quarter. Barclays PLC now owns 27,848 shares of the company’s stock worth $621,000 after acquiring an additional 3,027 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of American Public Education by 213.6% during the third quarter. Public Employees Retirement System of Ohio now owns 14,389 shares of the company’s stock worth $321,000 after acquiring an additional 9,800 shares during the period. Systematic Financial Management LP increased its stake in shares of American Public Education by 9.9% during the third quarter. Systematic Financial Management LP now owns 393,385 shares of the company’s stock worth $8,788,000 after acquiring an additional 35,283 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new position in American Public Education during the third quarter worth about $80,000. Hedge funds and other institutional investors own 94.13% of the company’s stock.

About American Public Education

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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