Equities research analysts predict that Aspen Group Inc (NASDAQ:ASPU) will post earnings of ($0.15) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Aspen Group’s earnings. The highest EPS estimate is ($0.12) and the lowest is ($0.17). The business is expected to announce its next earnings results on Thursday, March 8th.

On average, analysts expect that Aspen Group will report full year earnings of ($0.33) per share for the current financial year, with EPS estimates ranging from ($0.36) to ($0.29). For the next financial year, analysts anticipate that the company will report earnings of ($0.17) per share, with EPS estimates ranging from ($0.33) to $0.00. Zacks’ EPS calculations are an average based on a survey of analysts that follow Aspen Group.

A number of research firms have weighed in on ASPU. Roth Capital began coverage on Aspen Group in a research note on Friday, October 6th. They issued a “buy” rating and a $10.00 target price on the stock. Zacks Investment Research upgraded Aspen Group from a “sell” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Taglich Brothers reiterated a “speculative buy” rating on shares of Aspen Group in a research note on Tuesday, December 19th.

Aspen Group (NASDAQ:ASPU) traded up $0.10 during mid-day trading on Friday, reaching $8.53. The company’s stock had a trading volume of 16,595 shares, compared to its average volume of 97,283. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.12 and a current ratio of 3.12. Aspen Group has a twelve month low of $3.05 and a twelve month high of $9.51. The stock has a market capitalization of $130.53, a price-to-earnings ratio of -56.87 and a beta of -0.17.

A number of hedge funds have recently added to or reduced their stakes in the business. P.A.W. Capital Corp purchased a new position in shares of Aspen Group during the third quarter valued at $1,570,000. Unterberg Capital LLC purchased a new position in shares of Aspen Group during the third quarter valued at $2,355,000. Finally, Royce & Associates LP purchased a new position in shares of Aspen Group during the third quarter valued at $553,000. Institutional investors and hedge funds own 5.92% of the company’s stock.

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Aspen Group Company Profile

Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).

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Earnings History and Estimates for Aspen Group (NASDAQ:ASPU)

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