$0.30 EPS Expected for American Public Education, Inc. (APEI) This Quarter

Wall Street analysts expect that American Public Education, Inc. (NASDAQ:APEI) will report $0.30 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for American Public Education’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $0.31. American Public Education posted earnings per share of $0.27 in the same quarter last year, which indicates a positive year over year growth rate of 11.1%. The company is expected to issue its next quarterly earnings results after the market closes on Tuesday, November 6th.

On average, analysts expect that American Public Education will report full-year earnings of $1.60 per share for the current year. For the next fiscal year, analysts anticipate that the company will post earnings of $1.70 per share, with EPS estimates ranging from $1.65 to $1.75. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that cover American Public Education.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.06. The company had revenue of $72.80 million for the quarter, compared to analysts’ expectations of $73.14 million. American Public Education had a net margin of 7.97% and a return on equity of 8.61%. American Public Education’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.23 EPS.

A number of analysts recently commented on the stock. BidaskClub cut shares of American Public Education from a “sell” rating to a “strong sell” rating in a research note on Saturday, September 15th. Sidoti assumed coverage on shares of American Public Education in a research note on Monday, June 25th. They set a “neutral” rating on the stock. BMO Capital Markets dropped their price target on shares of American Public Education from $44.00 to $43.00 and set a “market perform” rating on the stock in a research note on Thursday, August 9th. Zacks Investment Research cut shares of American Public Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 30th. Finally, ValuEngine cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $42.25.

Shares of APEI stock opened at $30.24 on Monday. The company has a market cap of $542.81 million, a P/E ratio of 23.65, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61. American Public Education has a 12 month low of $19.30 and a 12 month high of $46.15.

In other American Public Education news, insider Wallace E. Jr. Boston sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of $43.65, for a total value of $174,600.00. Following the sale, the insider now directly owns 382,801 shares in the company, valued at approximately $16,709,263.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 4,550 shares of company stock worth $194,313 over the last quarter. Corporate insiders own 3.19% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in shares of American Public Education during the 1st quarter valued at $101,000. Piedmont Investment Advisors LLC purchased a new stake in shares of American Public Education during the 2nd quarter valued at $161,000. Advisors Preferred LLC purchased a new stake in shares of American Public Education during the 2nd quarter valued at $177,000. United Services Automobile Association purchased a new stake in shares of American Public Education during the 2nd quarter valued at $202,000. Finally, PNC Financial Services Group Inc. raised its position in shares of American Public Education by 947.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,164 shares of the company’s stock valued at $223,000 after buying an additional 4,671 shares in the last quarter. Institutional investors and hedge funds own 93.54% of the company’s stock.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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