Zacks Research Weighs in on American Public Education, Inc.’s Q2 2024 Earnings (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEIFree Report) – Zacks Research reduced their Q2 2024 earnings estimates for American Public Education in a research report issued to clients and investors on Tuesday, March 19th. Zacks Research analyst A. Gupta now expects that the company will earn $0.02 per share for the quarter, down from their previous forecast of $0.05. The consensus estimate for American Public Education’s current full-year earnings is $0.62 per share. Zacks Research also issued estimates for American Public Education’s Q3 2024 earnings at $0.21 EPS, FY2024 earnings at $0.44 EPS, Q2 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.29 EPS, FY2025 earnings at $0.99 EPS and FY2026 earnings at $1.20 EPS.

Other research analysts have also recently issued reports about the stock. Truist Financial increased their price objective on shares of American Public Education from $6.00 to $15.00 and gave the company a “hold” rating in a report on Wednesday, March 6th. B. Riley reiterated a “buy” rating and issued a $15.00 price objective (up from $12.00) on shares of American Public Education in a report on Wednesday, March 6th. Finally, Barrington Research raised their target price on shares of American Public Education from $8.00 to $15.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th.

View Our Latest Stock Analysis on APEI

American Public Education Price Performance

NASDAQ APEI opened at $13.94 on Wednesday. American Public Education has a 52 week low of $3.76 and a 52 week high of $16.39. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 0.38. The stock has a market cap of $243.95 million, a price-to-earnings ratio of -4.74, a price-to-earnings-growth ratio of 1.33 and a beta of 1.25. The company has a 50-day moving average price of $11.62 and a two-hundred day moving average price of $8.26.

Institutional Investors Weigh In On American Public Education

Hedge funds have recently made changes to their positions in the company. State of Wyoming acquired a new stake in shares of American Public Education during the 4th quarter valued at $29,000. Tower Research Capital LLC TRC boosted its stake in shares of American Public Education by 1,169.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 9,837 shares of the company’s stock valued at $53,000 after buying an additional 9,062 shares during the period. Mackenzie Financial Corp acquired a new stake in shares of American Public Education during the 3rd quarter valued at $54,000. Balyasny Asset Management L.P. acquired a new stake in shares of American Public Education during the 1st quarter valued at $55,000. Finally, Dark Forest Capital Management LP acquired a new stake in shares of American Public Education during the 1st quarter valued at $58,000. Hedge funds and other institutional investors own 81.53% of the company’s stock.

About American Public Education

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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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Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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