American Public Education, Inc. (NASDAQ:APEI) – First Analysis issued their FY2018 earnings per share estimates for American Public Education in a research report issued on Tuesday, November 6th. First Analysis analyst C. Greendale forecasts that the company will post earnings per share of $1.52 for the year. First Analysis also issued estimates for American Public Education’s Q1 2019 earnings at $0.30 EPS.
Other research analysts have also issued reports about the stock. Sidoti raised shares of American Public Education from a “neutral” rating to a “buy” rating in a research note on Thursday, August 9th. Zacks Investment Research lowered shares of American Public Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 30th. BidaskClub raised shares of American Public Education from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 27th. ValuEngine lowered shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 9th. Finally, Barrington Research decreased their price target on shares of American Public Education to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, August 9th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $42.25.
American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, November 6th. The company reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.02. The firm had revenue of $72.99 million for the quarter, compared to analyst estimates of $72.24 million. American Public Education had a net margin of 8.35% and a return on equity of 8.88%. American Public Education’s quarterly revenue was down .4% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS.
In other American Public Education news, insider Wallace E. Jr. Boston sold 12,000 shares of the stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $36.00, for a total value of $432,000.00. Following the completion of the sale, the insider now owns 367,001 shares in the company, valued at approximately $13,212,036. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders sold 12,550 shares of company stock valued at $449,319. 3.19% of the stock is owned by insiders.
A number of hedge funds have recently added to or reduced their stakes in APEI. Wells Fargo & Company MN raised its holdings in American Public Education by 9.9% in the 1st quarter. Wells Fargo & Company MN now owns 26,964 shares of the company’s stock valued at $1,160,000 after acquiring an additional 2,436 shares during the last quarter. Jane Street Group LLC acquired a new stake in American Public Education in the 1st quarter valued at about $239,000. Millennium Management LLC raised its holdings in American Public Education by 187.5% in the 1st quarter. Millennium Management LLC now owns 48,180 shares of the company’s stock valued at $2,072,000 after acquiring an additional 31,420 shares during the last quarter. Principal Financial Group Inc. raised its holdings in American Public Education by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 125,636 shares of the company’s stock valued at $5,402,000 after acquiring an additional 3,903 shares during the last quarter. Finally, Hartford Investment Management Co. acquired a new stake in American Public Education in the 2nd quarter valued at about $350,000. Institutional investors own 91.75% of the company’s stock.
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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