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American Public Education (NASDAQ:APEI) Hits New 1-Year High on Analyst Upgrade

American Public Education (NASDAQ:APEI) Hits New 1-Year High on Analyst Upgrade

American Public Education, Inc. (NASDAQ:APEI – Get Free Report) reached a new 52-week high on Tuesday after Barrington Research raised their price target on the stock from $36.00 to $40.00. Barrington Research currently has an outperform rating on the stock. American Public Education traded as high as $36.93 and last traded at $36.95, with a volume of 57116 shares trading hands. The stock had previously closed at $36.44.
APEI has been the topic of a number of other reports. Northland Capmk raised American Public Education to a “strong-buy” rating in a report on Wednesday, June 18th. Griffin Securities set a $37.00 target price on American Public Education in a report on Thursday, August 7th. Northland Securities started coverage on American Public Education in a report on Wednesday, June 18th. They issued an “outperform” rating and a $36.00 target price on the stock. DA Davidson started coverage on American Public Education in a report on Tuesday, September 9th. They issued a “buy” rating and a $40.00 target price on the stock. Finally, B. Riley raised their target price on American Public Education from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, American Public Education presently has an average rating of “Moderate Buy” and a consensus target price of $36.43.
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Institutional Investors Weigh In On American Public Education
Institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. increased its stake in American Public Education by 5,909.5% in the 2nd quarter. Osaic Holdings Inc. now owns 1,262 shares of the company’s stock worth $38,000 after buying an additional 1,241 shares in the last quarter. BNP Paribas Financial Markets increased its stake in American Public Education by 84.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,616 shares of the company’s stock worth $49,000 after buying an additional 738 shares in the last quarter. USA Financial Formulas purchased a new stake in American Public Education in the 2nd quarter worth $58,000. Legal & General Group Plc grew its position in shares of American Public Education by 40.5% during the second quarter. Legal & General Group Plc now owns 1,914 shares of the company’s stock valued at $58,000 after purchasing an additional 552 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of American Public Education by 19,594.1% during the first quarter. GAMMA Investing LLC now owns 3,348 shares of the company’s stock valued at $75,000 after purchasing an additional 3,331 shares in the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.
American Public Education Trading Up 1.1%
The stock has a market cap of $674.73 million, a PE ratio of 35.23, a price-to-earnings-growth ratio of 2.12 and a beta of 1.61. The stock has a 50-day moving average price of $31.41 and a two-hundred day moving average price of $28.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.83 and a quick ratio of 2.83.
American Public Education (NASDAQ:APEI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.05. The firm had revenue of $162.77 million during the quarter, compared to analyst estimates of $160.88 million. American Public Education had a return on equity of 10.82% and a net margin of 4.44%. Sell-side analysts forecast that American Public Education, Inc. will post 0.47 earnings per share for the current fiscal year.
About American Public Education
(Get Free Report)
American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.
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