ValuEngine Lowers American Public Education, Inc. (APEI) to Hold
ValuEngine cut shares of American Public Education, Inc. (NASDAQ:APEI) from a buy rating to a hold rating in a report released on Tuesday.
A number of other analysts also recently weighed in on APEI. Zacks Investment Research downgraded American Public Education from a strong-buy rating to a hold rating in a report on Friday, August 11th. BMO Capital Markets reiterated a hold rating and set a $19.00 price target on shares of American Public Education in a report on Friday, August 11th. Finally, BidaskClub downgraded American Public Education from a hold rating to a sell rating in a report on Wednesday, August 2nd.
American Public Education (NASDAQ APEI) opened at 20.65 on Tuesday. The firm’s 50-day moving average price is $19.06 and its 200 day moving average price is $21.62. The company has a market capitalization of $335.52 million, a price-to-earnings ratio of 21.69 and a beta of 1.12. American Public Education has a 12-month low of $14.75 and a 12-month high of $27.20.
American Public Education (NASDAQ:APEI) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.23 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.23. The business had revenue of $72.20 million during the quarter, compared to the consensus estimate of $70.40 million. American Public Education had a return on equity of 7.87% and a net margin of 5.18%. American Public Education’s quarterly revenue was down 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. On average, analysts expect that American Public Education will post $1.02 earnings per share for the current year.
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Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio grew its holdings in American Public Education by 16.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 6,524 shares of the company’s stock worth $149,000 after acquiring an additional 910 shares during the period. BNP Paribas Arbitrage SA grew its holdings in American Public Education by 38.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,601 shares of the company’s stock worth $156,000 after acquiring an additional 1,850 shares during the period. Arizona State Retirement System acquired a new stake in American Public Education during the 2nd quarter worth about $201,000. Brandywine Global Investment Management LLC acquired a new stake in American Public Education during the 2nd quarter worth about $209,000. Finally, Voya Investment Management LLC acquired a new stake in American Public Education during the 2nd quarter worth about $221,000. Hedge funds and other institutional investors own 92.02% of the company’s stock.
American Public Education Company Profile
American Public Education, Inc provides online and on-campus postsecondary education. The Company provides postsecondary education through its subsidiary institutions, American Public University System, Inc (APUS) and Hondros College of Nursing (HCON). It operates through two segments: American Public Education Segment, which consists of the operational activities of APUS, other corporate activities, and minority investments, and Hondros College of Nursing Segment, which consists of the operational activities of HCON.
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