Phoenix Education Partners, Inc. (NYSE:PXED) Given Consensus Rating of “Hold” by Brokerages

Phoenix Education Partners, Inc. (NYSE:PXED) has earned an average recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $44.00.

Several brokerages have recently weighed in on PXED. Wall Street Zen raised shares of Phoenix Education Partners from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Barrington Research reaffirmed an “outperform” rating and set a $45.00 target price on shares of Phoenix Education Partners in a research note on Tuesday, May 19th.

Phoenix Education Partners Stock Performance

NYSE PXED opened at $35.02 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.01 and a current ratio of 2.01. The stock’s fifty day moving average is $30.65 and its two-hundred day moving average is $30.19. The firm has a market capitalization of $1.25 billion and a P/E ratio of 11.67. Phoenix Education Partners has a fifty-two week low of $23.52 and a fifty-two week high of $47.08.

Phoenix Education Partners (NYSE:PXED) last issued its earnings results on Tuesday, April 7th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.24. The company had revenue of $222.46 million during the quarter, compared to analyst estimates of $219.71 million. The firm’s revenue was down .4% on a year-over-year basis. On average, research analysts anticipate that Phoenix Education Partners will post 4.48 earnings per share for the current year.

Institutional Trading of Phoenix Education Partners

Several institutional investors have recently made changes to their positions in the company. Strs Ohio purchased a new position in Phoenix Education Partners in the fourth quarter worth approximately $27,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Phoenix Education Partners in the fourth quarter valued at $40,000. Deutsche Bank AG purchased a new stake in Phoenix Education Partners in the fourth quarter valued at $89,000. MetLife Investment Management LLC acquired a new position in shares of Phoenix Education Partners in the 4th quarter valued at $92,000. Finally, State of Wyoming purchased a new position in shares of Phoenix Education Partners during the 1st quarter worth $151,000.

Phoenix Education Partners Company Profile

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.