American Public Education (NASDAQ:APEI) Given New $40.00 Price Target at Barrington Research

American Public Education (NASDAQ:APEI) had its target price hoisted by Barrington Research from $36.00 to $40.00 in a report published on Tuesday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Several other brokerages have also recently issued reports on APEI. DA Davidson assumed coverage on shares of American Public Education in a report on Tuesday, September 9th. They set a “buy” rating and a $40.00 target price on the stock. Griffin Securities set a $37.00 price objective on American Public Education in a research report on Thursday, August 7th. Northland Capmk upgraded shares of American Public Education to a “strong-buy” rating in a research note on Wednesday, June 18th. Zacks Research upgraded American Public Education to a “hold” rating in a research note on Tuesday, August 12th. Finally, B. Riley increased their price target on American Public Education from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $37.86.

American Public Education Price Performance

Shares of APEI stock opened at $38.05 on Tuesday. The company’s 50-day simple moving average is $31.56 and its two-hundred day simple moving average is $28.14. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.83 and a quick ratio of 2.83. American Public Education has a one year low of $13.45 and a one year high of $38.32. The company has a market capitalization of $687.56 million, a P/E ratio of 35.90, a P/E/G ratio of 2.14 and a beta of 1.61.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.05. The firm had revenue of $162.77 million during the quarter, compared to analyst estimates of $160.88 million. American Public Education had a return on equity of 10.82% and a net margin of 4.44%. As a group, equities analysts anticipate that American Public Education will post 0.47 EPS for the current year.

Institutional Trading of American Public Education

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APEI. Pacific Ridge Capital Partners LLC grew its position in shares of American Public Education by 39.5% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 147,930 shares of the company’s stock valued at $3,302,000 after acquiring an additional 41,922 shares during the period. Vanguard Group Inc. lifted its position in shares of American Public Education by 6.6% during the 1st quarter. Vanguard Group Inc. now owns 908,974 shares of the company’s stock valued at $20,288,000 after buying an additional 56,674 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in American Public Education in the 1st quarter valued at $213,000. Mackenzie Financial Corp increased its holdings in American Public Education by 123.2% in the 1st quarter. Mackenzie Financial Corp now owns 59,968 shares of the company’s stock worth $1,338,000 after acquiring an additional 33,099 shares in the last quarter. Finally, 4D Advisors LLC purchased a new position in American Public Education during the first quarter valued at $3,013,000. Institutional investors and hedge funds own 79.62% 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 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.