FY2024 EPS Estimates for American Public Education, Inc. Boosted by Zacks Research (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEI) – Analysts at Zacks Research increased their FY2024 earnings per share estimates for American Public Education in a research note issued on Tuesday, May 21st. Zacks Research analyst A. Gupta now forecasts that the company will post earnings of $0.63 per share for the year, up from their prior estimate of $0.44. The consensus estimate for American Public Education’s current full-year earnings is $0.72 per share. Zacks Research also issued estimates for American Public Education’s Q1 2025 earnings at $0.21 EPS and FY2025 earnings at $1.30 EPS.

Other research analysts have also recently issued research reports about the company. B. Riley boosted their price target on American Public Education from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Truist Financial upped their target price on American Public Education from $6.00 to $15.00 and gave the company a “hold” rating in a report on Wednesday, March 6th. StockNews.com raised American Public Education from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 16th. Finally, Barrington Research increased their price objective on American Public Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Wednesday, May 8th.

American Public Education Price Performance

Shares of NASDAQ APEI opened at $17.63 on Thursday. American Public Education has a 1-year low of $3.76 and a 1-year high of $21.04. The business has a 50-day moving average of $14.81 and a 200-day moving average of $11.55. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.81 and a quick ratio of 2.81. The company has a market capitalization of $309.94 million, a price-to-earnings ratio of -6.73, a PEG ratio of 1.64 and a beta of 1.27.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.50. American Public Education had a positive return on equity of 5.97% and a negative net margin of 6.78%. The firm had revenue of $152.80 million during the quarter, compared to the consensus estimate of $150.54 million.

Hedge Funds Weigh In On American Public Education

A number of institutional investors have recently made changes to their positions in APEI. Foundry Partners LLC increased its stake in American Public Education by 34.6% during the third quarter. Foundry Partners LLC now owns 476,265 shares of the company’s stock valued at $2,372,000 after acquiring an additional 122,520 shares during the period. Prescott Group Capital Management L.L.C. boosted its stake in American Public Education by 11.1% in the 3rd quarter. Prescott Group Capital Management L.L.C. now owns 1,184,568 shares of the company’s stock worth $5,899,000 after purchasing an additional 118,300 shares during the period. AWM Investment Company Inc. boosted its stake in American Public Education by 13.4% in the 3rd quarter. AWM Investment Company Inc. now owns 169,370 shares of the company’s stock worth $843,000 after purchasing an additional 20,000 shares during the period. Heron Bay Capital Management acquired a new position in shares of American Public Education during the 4th quarter worth about $252,000. Finally, Bailard Inc. acquired a new stake in American Public Education in the 4th quarter valued at about $266,000. 79.62% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Craig S. Macgibbon sold 6,519 shares of the stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $17.35, for a total value of $113,104.65. Following the completion of the sale, the executive vice president now owns 37,751 shares in the company, valued at $654,979.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other American Public Education news, EVP Craig S. Macgibbon sold 1,500 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $18.40, for a total transaction of $27,600.00. Following the transaction, the executive vice president now directly owns 41,783 shares in the company, valued at $768,807.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Craig S. Macgibbon sold 6,519 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total value of $113,104.65. Following the transaction, the executive vice president now owns 37,751 shares in the company, valued at $654,979.85. The disclosure for this sale can be found here. Corporate insiders own 11.38% of the company’s stock.

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.