American Public Education (NASDAQ:APEI) Downgraded by StockNews.com to Buy

StockNews.com downgraded shares of American Public Education (NASDAQ:APEI) from a strong-buy rating to a buy rating in a report published on Wednesday morning.

Other analysts also recently issued reports about the stock. B. Riley raised their price objective on shares of American Public Education from $15.00 to $16.00 and gave the company a buy rating in a research report on Tuesday, April 30th. Truist Financial boosted their price objective on American Public Education from $6.00 to $15.00 and gave the company a hold rating in a research report on Wednesday, March 6th. Finally, Barrington Research upped their price objective on American Public Education from $17.00 to $20.00 and gave the stock an outperform rating in a research note on Wednesday.

American Public Education Stock Performance

NASDAQ:APEI opened at $17.87 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.94 and a current ratio of 2.94. The stock has a 50-day simple moving average of $13.42 and a two-hundred day simple moving average of $10.44. The firm has a market capitalization of $313.80 million, a PE ratio of -6.08, a P/E/G ratio of 1.92 and a beta of 1.27. American Public Education has a 52-week low of $3.76 and a 52-week high of $21.04.

American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, March 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.50. American Public Education had a negative net margin of 7.87% and a positive return on equity of 3.26%. The company had revenue of $152.80 million during the quarter, compared to analyst estimates of $150.54 million. Analysts forecast that American Public Education will post 0.52 EPS for the current year.

Hedge Funds Weigh In On American Public Education

Institutional investors have recently bought and sold shares of the stock. Mackenzie Financial Corp bought a new position in shares of American Public Education during the 3rd quarter valued at about $54,000. Jump Financial LLC purchased a new stake in shares of American Public Education in the fourth quarter worth about $137,000. Cannon Global Investment Management LLC bought a new position in American Public Education during the first quarter valued at approximately $145,000. Russell Investments Group Ltd. purchased a new position in American Public Education during the 1st quarter valued at approximately $211,000. Finally, Heron Bay Capital Management bought a new stake in shares of American Public Education in the 4th quarter worth about $252,000. 79.62% of the stock is owned by hedge funds and other institutional investors.

American Public Education Company Profile

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.