First Analysis Brokers Cut Earnings Estimates for American Public Education, Inc. (APEI)

American Public Education, Inc. (NASDAQ:APEI) – Analysts at First Analysis decreased their Q4 2018 earnings estimates for shares of American Public Education in a research note issued to investors on Tuesday, November 6th. First Analysis analyst C. Greendale now forecasts that the company will post earnings of $0.52 per share for the quarter, down from their prior estimate of $0.56. First Analysis also issued estimates for American Public Education’s FY2019 earnings at $1.57 EPS.

American Public Education (NASDAQ:APEI) last issued its quarterly earnings data on Tuesday, November 6th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.02. The firm had revenue of $72.99 million during the quarter, compared to the consensus estimate of $72.24 million. American Public Education had a return on equity of 8.88% and a net margin of 8.35%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Other equities research analysts also recently issued research reports about the company. Barrington Research restated a “buy” rating and set a $40.00 target price on shares of American Public Education in a research report on Monday, October 22nd. ValuEngine downgraded American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 9th. Sidoti upgraded American Public Education from a “neutral” rating to a “buy” rating in a research report on Thursday, August 9th. BidaskClub upgraded American Public Education from a “hold” rating to a “buy” rating in a research report on Friday, November 2nd. Finally, Piper Jaffray Companies restated a “hold” rating and set a $41.00 target price on shares of American Public Education in a research report on Thursday, August 9th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $42.25.

APEI stock opened at $33.65 on Thursday. The firm has a market cap of $566.29 million, a PE ratio of 26.09, a PEG ratio of 1.43 and a beta of 0.54. American Public Education has a twelve month low of $23.15 and a twelve month high of $46.15.

Several institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. grew its stake in shares of American Public Education by 42.5% during the third quarter. Victory Capital Management Inc. now owns 6,431 shares of the company’s stock worth $213,000 after purchasing an additional 1,917 shares during the period. Wells Fargo & Company MN grew its stake in shares of American Public Education by 9.9% during the first quarter. Wells Fargo & Company MN now owns 26,964 shares of the company’s stock worth $1,160,000 after purchasing an additional 2,436 shares during the period. Legal & General Group Plc grew its stake in American Public Education by 8.1% in the second quarter. Legal & General Group Plc now owns 32,771 shares of the company’s stock valued at $1,380,000 after acquiring an additional 2,468 shares during the period. First Trust Advisors LP grew its stake in American Public Education by 17.7% in the second quarter. First Trust Advisors LP now owns 18,890 shares of the company’s stock valued at $795,000 after acquiring an additional 2,841 shares during the period. Finally, Strs Ohio grew its stake in American Public Education by 18.3% in the third quarter. Strs Ohio now owns 23,300 shares of the company’s stock valued at $770,000 after acquiring an additional 3,600 shares during the period. 91.75% of the stock is owned by institutional investors and hedge funds.

About American Public Education

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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