American Public Education (APEI) Cut to “Strong Sell” at BidaskClub

BidaskClub cut shares of American Public Education (NASDAQ:APEI) from a sell rating to a strong sell rating in a report published on Thursday morning.

Several other analysts have also recently issued reports on APEI. Piper Jaffray Companies reissued a hold rating and set a $29.00 price target on shares of American Public Education in a research report on Monday, December 4th. ValuEngine raised shares of American Public Education from a hold rating to a buy rating in a report on Wednesday, September 27th. BMO Capital Markets reaffirmed a hold rating and issued a $19.00 target price on shares of American Public Education in a report on Wednesday, October 25th. TheStreet raised shares of American Public Education from a c rating to a b- rating in a report on Thursday, November 30th. Finally, Zacks Investment Research raised shares of American Public Education from a sell rating to a hold rating in a report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company’s stock. American Public Education currently has a consensus rating of Hold and an average price target of $25.67.

Shares of American Public Education (NASDAQ:APEI) traded up $0.85 on Thursday, hitting $25.85. 218,839 shares of the stock traded hands, compared to its average volume of 58,305. The firm has a market capitalization of $420.53, a PE ratio of 21.54, a PEG ratio of 2.39 and a beta of 1.26. American Public Education has a 1-year low of $17.40 and a 1-year high of $27.40.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.06. The business had revenue of $73.28 million for the quarter, compared to analysts’ expectations of $71.06 million. American Public Education had a net margin of 6.54% and a return on equity of 7.20%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.02 earnings per share. sell-side analysts predict that American Public Education will post 1.08 earnings per share for the current fiscal year.

In related news, Director Barbara Kurshan sold 1,524 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $26.50, for a total value of $40,386.00. Following the sale, the director now owns 7,210 shares of the company’s stock, valued at $191,065. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 2,624 shares of company stock worth $62,794. 3.59% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in American Public Education by 6.6% during the second quarter. Vanguard Group Inc. now owns 1,472,157 shares of the company’s stock worth $34,817,000 after purchasing an additional 91,767 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in American Public Education by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,167,178 shares of the company’s stock worth $24,569,000 after purchasing an additional 5,462 shares in the last quarter. Renaissance Technologies LLC raised its holdings in American Public Education by 3.1% during the second quarter. Renaissance Technologies LLC now owns 841,600 shares of the company’s stock worth $19,904,000 after purchasing an additional 25,700 shares in the last quarter. FMR LLC raised its holdings in American Public Education by 27.4% during the second quarter. FMR LLC now owns 803,108 shares of the company’s stock worth $18,994,000 after purchasing an additional 172,608 shares in the last quarter. Finally, State Street Corp raised its holdings in American Public Education by 4.6% during the second quarter. State Street Corp now owns 401,804 shares of the company’s stock worth $9,503,000 after purchasing an additional 17,760 shares in the last quarter. 90.91% of the stock is currently owned by institutional investors.

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American Public Education Company Profile

American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.

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