American Public Education (APEI) Purchase Rating Reaffirmed by Barrington Research

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American Public Education (NASDAQ:APEI – rated)In a research report issued on Friday, Barrington Research’s equity research analysts reiterated their ‘buy’ rating for the stock. They currently have a target price on the stock of $15.00. Barrington Research’s target price shows he could rise 59.24% from the company’s current price.
Many other research analysts also work with the company. In a report Thursday, Aug. 11, Truist Financial lowered its stock price target for American Public Education from $21.00 to $16.00, giving the stock a “buy” rating. StockNews.com downgraded American Public Education’s rating from ‘buy’ to ‘pending’ in a report on Thursday, August 11. Finally, TheStreet downgraded America’s public education stocks from a ‘c’ rating to a ‘d’ rating in his Wednesday, Aug. 10 research notes.
US public education rises 13.2%
APEI shares climbed $1.10 to reach $9.42 in intraday trading on Friday. 425,224 shares were traded with an average volume of 508,690 shares. His 50-day moving average price for this business is $12.14 and his 200-day moving average price is $15.89. The stock has a market cap of $177.85 million, a PE ratio of -1.87 and a beta of 0.57. The company has a debt to equity ratio of 0.47, a quick ratio of 2.43 and a current ratio of 2.43. Public education in the United States has a yearly low of $7.82 and a yearly high of $26.94.
American Public Education (NASDAQ:APEI – Get Rating) last released its quarterly earnings data on Tuesday, August 9th. The company reported his earnings per share ($0.06) for the quarter. This is ($0.12) higher than the analyst consensus forecast of $0.06. The company posted revenue of $149.61 million for the quarter, compared to consensus expectations of $152.13 million. American Public Education’s net profit margin was negative 17.17% and return on equity was positive 2.66%. During the same quarter last year, the business earned his EPS of $0.03. Equity research analysts expect US public education to post an EPS of -0.33 this year.
Hedge funds focus on America’s public education
Several institutional investors and hedge funds have recently increased or decreased their stakes in APEI. KBC Group NV purchased approximately $27,000 worth of new positions in public education in America in the second quarter. Lazard Asset Management LLC purchased new US public education positions worth approximately $108,000 in the first quarter. Amalgamated Bank earned a new position in US public education worth approximately $177,000 in the first quarter. MetLife Investment Management LLC held 46.6% of his stake in American Public Education in the first quarter. MetLife Investment Management LLC now owns 9,417 of his shares worth $200,000 after purchasing an additional 2,995 of his shares last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in American Public Education equities by 861.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,508 shares worth $202,000 after purchasing an additional 8,519 shares during the previous quarter. Institutional investors and hedge funds own 96.69% of the company’s shares.
About Public Education in America
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American Public Education, Inc, along with its subsidiaries, provides online and campus-based postsecondary education. The company operates through his three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in a variety of areas of study, including business administration, health sciences, technology, criminal justice, education, liberal arts, national security, military studies, intelligence and homeland security.
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