American Public Education (NASDAQ:APEI) Releases Q1 2024 Earnings Guidance

American Public Education (NASDAQ:APEIGet Free Report) updated its first quarter 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.250–0.170 for the period, compared to the consensus estimate of 0.040. The company issued revenue guidance of $151.0 million-$153.0 million, compared to the consensus revenue estimate of $150.6 million. American Public Education also updated its FY 2024 guidance to EPS.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. B. Riley reiterated a buy rating and set a $15.00 price target (up from $12.00) on shares of American Public Education in a research report on Wednesday. Truist Financial lifted their price target on American Public Education from $6.00 to $15.00 and gave the company a hold rating in a research report on Wednesday. Barrington Research lifted their price target on American Public Education from $8.00 to $15.00 and gave the company an outperform rating in a research report on Wednesday. Finally, StockNews.com upgraded American Public Education from a buy rating to a strong-buy rating in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average target price of $15.00.

Read Our Latest Stock Report on American Public Education

American Public Education Stock Down 12.5 %

Shares of APEI opened at $13.63 on Friday. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 0.39. The stock’s 50 day moving average is $11.20 and its two-hundred day moving average is $7.80. The firm has a market cap of $242.34 million, a P/E ratio of -4.64, a PEG ratio of 1.38 and a beta of 1.25. American Public Education has a 12 month low of $3.76 and a 12 month high of $16.39.

Institutional Trading of American Public Education

A number of institutional investors have recently made changes to their positions in APEI. Barclays PLC raised its position in American Public Education by 130.5% in the fourth quarter. Barclays PLC now owns 27,366 shares of the company’s stock valued at $264,000 after purchasing an additional 15,496 shares during the period. Bridgeway Capital Management LLC boosted its position in shares of American Public Education by 50.3% during the 4th quarter. Bridgeway Capital Management LLC now owns 104,608 shares of the company’s stock worth $1,009,000 after acquiring an additional 35,008 shares in the last quarter. Cresset Asset Management LLC boosted its position in shares of American Public Education by 3,108.3% during the 4th quarter. Cresset Asset Management LLC now owns 390,000 shares of the company’s stock worth $3,764,000 after acquiring an additional 377,844 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of American Public Education by 0.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 471,346 shares of the company’s stock worth $4,548,000 after acquiring an additional 4,225 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of American Public Education during the 4th quarter worth about $217,000. 81.53% of the stock is owned by institutional investors and hedge funds.

American Public Education Company Profile

(Get Free Report)

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 136 degree programs and 115 certificate programs in various fields of study, including nursing, public health, public administration, and business administration.

See Also

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

Receive News & Ratings for American Public Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education and related companies with MarketBeat.com's FREE daily email newsletter.