Equities Analysts Set Expectations for APEI FY2024 Earnings

American Public Education, Inc. (NASDAQ:APEI) – Equities research analysts at Zacks Research dropped their FY2024 earnings per share (EPS) estimates for shares of American Public Education in a research report issued on Tuesday, November 26th. Zacks Research analyst A. Gupta now forecasts that the company will post earnings per share of $0.47 for the year, down from their prior estimate of $0.50. The consensus estimate for American Public Education’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for American Public Education’s Q4 2024 earnings at $0.55 EPS, Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $1.24 EPS, Q1 2026 earnings at $0.29 EPS, Q2 2026 earnings at $0.23 EPS, Q3 2026 earnings at $0.31 EPS and FY2026 earnings at $1.49 EPS.

Other analysts have also issued reports about the stock. StockNews.com lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research report on Thursday, November 14th. B. Riley upped their price target on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Truist Financial upped their price target on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 14th. Finally, Barrington Research upped their price target on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th.

American Public Education Stock Performance

NASDAQ APEI opened at $20.52 on Wednesday. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average price is $15.69 and its two-hundred day moving average price is $16.45. American Public Education has a 1 year low of $6.69 and a 1 year high of $21.04. The firm has a market capitalization of $363.41 million, a P/E ratio of 36.64, a price-to-earnings-growth ratio of 2.75 and a beta of 1.24.

Insider Activity

In related news, Director Michael David Braner acquired 17,872 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were bought at an average cost of $16.77 per share, with a total value of $299,713.44. Following the completion of the transaction, the director now directly owns 1,922,610 shares of the company’s stock, valued at $32,242,169.70. This trade represents a 0.94 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 11.38% of the company’s stock.

Hedge Funds Weigh In On American Public Education

Several institutional investors and hedge funds have recently modified their holdings of APEI. Assenagon Asset Management S.A. grew its stake in shares of American Public Education by 329.5% in the second quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock valued at $7,473,000 after acquiring an additional 326,091 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of American Public Education in the first quarter valued at about $2,159,000. Renaissance Technologies LLC grew its stake in shares of American Public Education by 14.5% in the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after acquiring an additional 127,000 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of American Public Education in the third quarter valued at about $1,691,000. Finally, American Century Companies Inc. grew its stake in shares of American Public Education by 43.6% in the second quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after acquiring an additional 106,689 shares in the last quarter. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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.