American Public Education (APEI) Earns “Buy” Rating from Barrington Research

Barrington Research restated their buy rating on shares of American Public Education (NASDAQ:APEI) in a research report report published on Wednesday. Barrington Research currently has a $40.00 price target on the stock. Barrington Research also issued estimates for American Public Education’s Q4 2018 earnings at $0.52 EPS, FY2018 earnings at $1.59 EPS and FY2019 earnings at $1.70 EPS.

Other analysts have also recently issued reports about the company. Sidoti raised American Public Education from a neutral rating to a buy rating in a research report on Thursday, August 9th. Zacks Investment Research cut American Public Education from a strong-buy rating to a hold rating in a research report on Monday, July 30th. BidaskClub raised American Public Education from a strong sell rating to a sell rating in a research report on Thursday, September 27th. ValuEngine cut American Public Education from a strong-buy rating to a buy rating in a research report on Thursday, August 9th. Finally, BMO Capital Markets cut their price objective on American Public Education from $44.00 to $43.00 and set a market perform rating on the stock in a research report on Thursday, August 9th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of $42.25.

Shares of NASDAQ APEI traded down $0.33 during trading hours on Wednesday, hitting $33.32. The company’s stock had a trading volume of 118,035 shares, compared to its average volume of 84,275. The stock has a market capitalization of $595.54 million, a PE ratio of 25.83, a PEG ratio of 1.52 and a beta of 0.54. American Public Education has a 12 month low of $23.15 and a 12 month high of $46.15.

American Public Education (NASDAQ:APEI) last posted its earnings results on Tuesday, November 6th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The company had revenue of $72.99 million for the quarter, compared to analysts’ expectations of $72.24 million. American Public Education had a return on equity of 8.77% and a net margin of 8.35%. American Public Education’s quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.27 earnings per share. As a group, equities analysts anticipate that American Public Education will post 1.57 EPS for the current year.

In other American Public Education news, insider Wallace E. Jr. Boston sold 12,000 shares of American Public Education stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $36.00, for a total transaction of $432,000.00. Following the sale, the insider now directly owns 367,001 shares of the company’s stock, valued at approximately $13,212,036. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 12,550 shares of company stock worth $449,319. Insiders own 3.19% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Victory Capital Management Inc. lifted its holdings in shares of American Public Education by 42.5% during the third quarter. Victory Capital Management Inc. now owns 6,431 shares of the company’s stock valued at $213,000 after purchasing an additional 1,917 shares during the last quarter. Martingale Asset Management L P lifted its holdings in shares of American Public Education by 32.2% during the third quarter. Martingale Asset Management L P now owns 8,213 shares of the company’s stock valued at $272,000 after purchasing an additional 2,000 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of American Public Education by 9.9% during the first quarter. Wells Fargo & Company MN now owns 26,964 shares of the company’s stock valued at $1,160,000 after purchasing an additional 2,436 shares during the last quarter. Legal & General Group Plc lifted its holdings in shares of American Public Education by 8.1% during the second quarter. Legal & General Group Plc now owns 32,771 shares of the company’s stock valued at $1,380,000 after purchasing an additional 2,468 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of American Public Education by 17.7% during the second quarter. First Trust Advisors LP now owns 18,890 shares of the company’s stock valued at $795,000 after purchasing an additional 2,841 shares during the last quarter. Hedge funds and other institutional investors own 91.75% of the company’s stock.

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.

Further Reading: What does cost of debt say about a company’s financial health?

Receive News & Ratings for American Public Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply