American Public Education (NASDAQ:APEI) PT Raised to $16.00

American Public Education (NASDAQ:APEI) had its price objective increased by B. Riley from $15.00 to $16.00 in a report released on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock. B. Riley also issued estimates for American Public Education’s FY2024 earnings at $0.77 EPS.

A number of other research analysts also recently issued reports on APEI. Barrington Research lifted their price target on shares of American Public Education from $15.00 to $17.00 and gave the stock an outperform rating in a research note on Friday, March 22nd. Truist Financial lifted their price objective on shares of American Public Education from $6.00 to $15.00 and gave the stock a hold rating in a research report on Wednesday, March 6th.

American Public Education Stock Performance

NASDAQ APEI opened at $15.08 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.94 and a quick ratio of 2.94. The company has a market cap of $264.80 million, a P/E ratio of -5.13, a P/E/G ratio of 1.47 and a beta of 1.27. The stock has a 50-day moving average of $13.01 and a two-hundred day moving average of $10.09. American Public Education has a 1-year low of $3.76 and a 1-year high of $16.39.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.14 by $0.50. The business had revenue of $152.80 million during the quarter, compared to the consensus estimate of $150.54 million. American Public Education had a negative net margin of 7.87% and a positive return on equity of 3.26%. As a group, analysts anticipate that American Public Education will post 0.63 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp acquired a new position in shares of American Public Education during the third quarter worth about $54,000. Jump Financial LLC purchased a new stake in American Public Education in the 4th quarter valued at approximately $137,000. Cannon Global Investment Management LLC acquired a new position in American Public Education during the 1st quarter worth approximately $145,000. Heron Bay Capital Management purchased a new position in shares of American Public Education during the 4th quarter worth approximately $252,000. Finally, BNP Paribas Financial Markets raised its stake in shares of American Public Education by 13,583.7% during the 1st quarter. BNP Paribas Financial Markets now owns 18,473 shares of the company’s stock worth $262,000 after buying an additional 18,338 shares in the last quarter. 79.62% of the stock is currently owned by hedge funds and other institutional investors.

American Public Education Company Profile

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.