Zacks: Analysts Expect American Public Education, Inc. (APEI) Will Post Earnings of $0.31 Per Share

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Wall Street brokerages expect American Public Education, Inc. (NASDAQ:APEI) to report $0.31 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for American Public Education’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.32. American Public Education posted earnings of $0.35 per share in the same quarter last year, which would indicate a negative year over year growth rate of 11.4%. The business is scheduled to announce its next quarterly earnings results on Tuesday, May 14th.

According to Zacks, analysts expect that American Public Education will report full-year earnings of $1.61 per share for the current year, with EPS estimates ranging from $1.59 to $1.63. For the next year, analysts anticipate that the business will report earnings of $1.80 per share, with EPS estimates ranging from $1.79 to $1.81. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover American Public Education.

American Public Education (NASDAQ:APEI) last posted its earnings results on Tuesday, March 12th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. American Public Education had a net margin of 8.61% and a return on equity of 8.76%. The company had revenue of $76.93 million during the quarter, compared to analysts’ expectations of $77.43 million.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of American Public Education from a “sell” rating to a “hold” rating in a research note on Friday. BMO Capital Markets lifted their target price on shares of American Public Education to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, March 13th. TheStreet upgraded shares of American Public Education from a “c+” rating to a “b-” rating in a research note on Monday, March 11th. BidaskClub cut shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Tuesday, March 19th. Finally, ValuEngine cut shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Tuesday, March 5th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. American Public Education has a consensus rating of “Hold” and a consensus target price of $39.75.

Shares of NASDAQ:APEI traded down $1.05 during trading on Tuesday, reaching $30.10. The stock had a trading volume of 60,780 shares, compared to its average volume of 88,775. American Public Education has a 52 week low of $26.37 and a 52 week high of $46.15. The stock has a market capitalization of $499.24 million, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 1.24 and a beta of 0.72.

Institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its holdings in shares of American Public Education by 388.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock valued at $51,000 after purchasing an additional 1,417 shares in the last quarter. LS Investment Advisors LLC increased its holdings in shares of American Public Education by 459.2% in the fourth quarter. LS Investment Advisors LLC now owns 2,578 shares of the company’s stock valued at $73,000 after purchasing an additional 2,117 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in shares of American Public Education in the fourth quarter valued at approximately $135,000. Metropolitan Life Insurance Co. NY increased its holdings in shares of American Public Education by 374.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,562 shares of the company’s stock valued at $158,000 after purchasing an additional 4,390 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund acquired a new stake in shares of American Public Education in the fourth quarter valued at approximately $178,000. 93.14% of the stock is owned by institutional investors and hedge funds.

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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