Lake Street Capital Issues Positive Forecast for American Public Education (NASDAQ:APEI) Stock Price

American Public Education (NASDAQ:APEI) had its price objective lifted by Lake Street Capital from $30.00 to $35.00 in a research note issued to investors on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms also recently commented on APEI. Truist Financial raised their price target on shares of American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a research note on Monday, March 10th. Barrington Research upped their target price on shares of American Public Education from $24.00 to $32.00 and gave the stock an “outperform” rating in a research note on Tuesday. StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 7th. William Blair upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating in a report on Friday, March 7th. Finally, B. Riley initiated coverage on shares of American Public Education in a research report on Friday, March 28th. They set a “buy” rating and a $28.00 target price on the stock. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, American Public Education presently has a consensus rating of “Buy” and an average target price of $29.75.

American Public Education Trading Up 5.9%

Shares of NASDAQ APEI opened at $27.57 on Tuesday. American Public Education has a fifty-two week low of $11.80 and a fifty-two week high of $30.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The company has a market cap of $497.25 million, a price-to-earnings ratio of 49.23, a PEG ratio of 1.05 and a beta of 1.56. The business’s 50 day moving average price is $23.51 and its 200-day moving average price is $21.55.

American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.15 by $0.26. American Public Education had a return on equity of 6.96% and a net margin of 2.64%. The company had revenue of $164.55 million for the quarter, compared to the consensus estimate of $161.92 million. On average, sell-side analysts expect that American Public Education will post 0.47 earnings per share for the current year.

Insider Activity

In related news, SVP Thomas Beckett sold 3,700 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the sale, the senior vice president now owns 60,253 shares of the company’s stock, valued at $1,329,783.71. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 17.54% of the company’s stock.

Hedge Funds Weigh In On American Public Education

A number of large investors have recently added to or reduced their stakes in the company. New York State Teachers Retirement System bought a new stake in shares of American Public Education in the 4th quarter valued at about $31,000. R Squared Ltd bought a new position in shares of American Public Education during the 4th quarter worth approximately $38,000. GAMMA Investing LLC lifted its position in 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 acquiring an additional 3,331 shares during the last quarter. Parallel Advisors LLC acquired a new stake in American Public Education in the first quarter valued at approximately $89,000. Finally, SG Americas Securities LLC acquired a new stake in American Public Education in the fourth quarter valued at approximately $121,000. 79.62% of the stock is currently owned by institutional investors.

About American Public Education

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.