American Public Education, Inc. (NASDAQ:APEI) to Post Q1 2023 Earnings of ($0.50) Per Share, William Blair Forecasts

American Public Education, Inc. (NASDAQ:APEIGet Rating) – Investment analysts at William Blair dropped their Q1 2023 EPS estimates for shares of American Public Education in a report released on Wednesday, March 15th. William Blair analyst S. Sheldon now forecasts that the company will post earnings of ($0.50) per share for the quarter, down from their prior estimate of ($0.02). William Blair has a “Market Perform” rating on the stock. The consensus estimate for American Public Education’s current full-year earnings is ($0.62) per share. William Blair also issued estimates for American Public Education’s Q2 2023 earnings at ($0.49) EPS, Q3 2023 earnings at ($0.41) EPS, Q4 2023 earnings at ($0.17) EPS, FY2023 earnings at ($1.57) EPS, Q1 2024 earnings at ($0.18) EPS, Q2 2024 earnings at ($0.32) EPS, Q3 2024 earnings at ($0.22) EPS, Q4 2024 earnings at $0.03 EPS and FY2024 earnings at ($0.69) EPS.

Other equities analysts also recently issued reports about the stock. StockNews.com started coverage on shares of American Public Education in a report on Thursday. They issued a “hold” rating on the stock. Barrington Research dropped their price objective on shares of American Public Education from $15.00 to $10.00 and set an “outperform” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

American Public Education Trading Down 8.5 %

NASDAQ APEI opened at $4.07 on Friday. American Public Education has a 1 year low of $4.06 and a 1 year high of $24.02. The company has a current ratio of 2.63, a quick ratio of 2.39 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average price of $11.52 and a 200-day moving average price of $11.57.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. State of Wyoming purchased a new stake in shares of American Public Education during the fourth quarter valued at approximately $29,000. Strs Ohio purchased a new stake in American Public Education in the fourth quarter worth $65,000. UBS Group AG lifted its stake in American Public Education by 222.5% in the fourth quarter. UBS Group AG now owns 5,772 shares of the company’s stock worth $71,000 after acquiring an additional 3,982 shares during the period. Lazard Asset Management LLC purchased a new stake in American Public Education in the first quarter worth $108,000. Finally, Prescott Group Capital Management L.L.C. purchased a new stake in American Public Education in the third quarter worth $119,000. 92.34% of the stock is currently owned by institutional investors.

American Public Education Company Profile

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American Public Education, Inc provides online and on-campus postsecondary education services. It operates through the following business segments: American Public Education and Hondros College of Nursing. The American Public Education segment reflects the operational activities of the company’s subsidiary American Public University System, Inc, other corporate activities and minority investments.

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Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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