American Public Education (NASDAQ:APEI – Get Rating) issued an update on its second quarter 2022 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0-$0.07 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $150.00 million-$154.00 million, compared to the consensus revenue estimate of $153.48 million.
Shares of NASDAQ APEI opened at $14.52 on Tuesday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $18.19 and its two-hundred day moving average is $20.23. The company has a market cap of $273.85 million, a P/E ratio of 18.15, a P/E/G ratio of 1.43 and a beta of 0.64. American Public Education has a 12 month low of $12.82 and a 12 month high of $30.00.
American Public Education (NASDAQ:APEI – Get Rating) last released its quarterly earnings data on Tuesday, May 10th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. American Public Education had a return on equity of 2.92% and a net margin of 3.09%. During the same quarter in the previous year, the firm earned $0.49 EPS. Sell-side analysts expect that American Public Education will post 0.66 earnings per share for the current fiscal year.
APEI has been the topic of a number of research reports. Barrington Research lowered their price objective on American Public Education from $25.00 to $20.00 in a research report on Wednesday, May 11th. Zacks Investment Research cut American Public Education from a hold rating to a strong sell rating and set a $17.00 price objective on the stock. in a research report on Tuesday, March 1st. StockNews.com upgraded American Public Education from a hold rating to a buy rating in a research report on Monday, May 23rd. Finally, Truist Financial decreased their price target on American Public Education from $26.00 to $21.00 in a research note on Thursday, May 12th.
A number of hedge funds have recently made changes to their positions in APEI. Lazard Asset Management LLC acquired a new position in American Public Education in the first quarter worth $108,000. Canada Pension Plan Investment Board acquired a new position in American Public Education in the fourth quarter worth $134,000. Royal Bank of Canada boosted its stake in American Public Education by 9.5% in the third quarter. Royal Bank of Canada now owns 7,234 shares of the company’s stock worth $185,000 after purchasing an additional 627 shares in the last quarter. MetLife Investment Management LLC boosted its stake in American Public Education by 46.6% in the first quarter. MetLife Investment Management LLC now owns 9,417 shares of the company’s stock worth $200,000 after purchasing an additional 2,995 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in American Public Education by 10.1% in the first quarter. PNC Financial Services Group Inc. now owns 10,783 shares of the company’s stock worth $230,000 after purchasing an additional 988 shares in the last quarter. 96.55% of the stock is currently owned by institutional investors and hedge funds.
About American Public Education (Get Rating)
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.
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Source: defenseworld.net
