Brokerages Set American Public Education, Inc. (NASDAQ:APEI) Price Target at $47.14

Shares of American Public Education, Inc. (NASDAQ:APEI) have received a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $47.1429.

A number of analysts have recently commented on APEI shares. Weiss Ratings restated a “hold (c+)” rating on shares of American Public Education in a report on Monday, December 29th. Griffin Securities set a $53.00 price target on American Public Education in a research note on Tuesday, January 27th. Truist Financial raised their price objective on American Public Education from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, November 21st. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of American Public Education in a research note on Tuesday, November 11th. Finally, DA Davidson increased their target price on shares of American Public Education from $43.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th.

American Public Education Trading Up 1.0%

Shares of APEI stock opened at $43.85 on Thursday. The firm’s 50-day simple moving average is $40.76 and its 200-day simple moving average is $36.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.84 and a quick ratio of 2.84. American Public Education has a 1-year low of $18.76 and a 1-year high of $46.06. The firm has a market cap of $793.03 million, a P/E ratio of 33.22, a PEG ratio of 1.31 and a beta of 1.71.

Institutional Investors Weigh In On American Public Education

Several large investors have recently made changes to their positions in APEI. Osaic Holdings Inc. lifted its holdings in shares of American Public Education by 5,909.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,262 shares of the company’s stock valued at $38,000 after acquiring an additional 1,241 shares in the last quarter. Valley National Advisers Inc. purchased a new position in American Public Education in the fourth quarter valued at about $39,000. State of Alaska Department of Revenue acquired a new position in shares of American Public Education during the third quarter worth about $40,000. BNP Paribas Financial Markets boosted its position in shares of American Public Education by 84.1% in the second quarter. BNP Paribas Financial Markets now owns 1,616 shares of the company’s stock worth $49,000 after buying an additional 738 shares during the period. Finally, Legal & General Group Plc boosted its position in shares of American Public Education by 40.5% in the second quarter. Legal & General Group Plc now owns 1,914 shares of the company’s stock worth $58,000 after buying an additional 552 shares during the period. Institutional investors and hedge funds own 79.62% of the company’s stock.

About American Public Education

American Public Education, Inc operates as a provider of online postsecondary education, offering degree and certificate programs through its wholly owned subsidiary, American Public University System (APUS). The company designs and delivers a broad range of undergraduate and graduate programs in fields such as business administration, information technology, criminal justice, homeland security, health sciences, and education. Its curriculum is developed to meet the needs of working adults, military personnel, veterans and civilian students seeking flexible, career-relevant learning opportunities.

APUS is regionally accredited by the Middle States Commission on Higher Education and employs a proprietary online learning platform that supports asynchronous instruction, digital course materials and interactive learning tools.