American Public Education (NASDAQ:APEI) Posts Earnings Results, Beats Expectations By $0.09 EPS

American Public Education (NASDAQ:APEIGet Rating) issued its earnings results on Tuesday. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09, Fidelity Earnings reports. American Public Education had a net margin of 4.24% and a return on equity of 4.37%. During the same quarter in the previous year, the business posted $0.49 earnings per share. American Public Education updated its Q2 2022 guidance to 0-$0.07 EPS.

NASDAQ APEI traded down $0.18 on Thursday, reaching $13.57. The company’s stock had a trading volume of 187,817 shares, compared to its average volume of 70,819. American Public Education has a 52 week low of $12.82 and a 52 week high of $30.00. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 0.37. The firm has a market cap of $255.88 million, a PE ratio of 13.61, a price-to-earnings-growth ratio of 1.02 and a beta of 0.62. The business has a 50-day moving average price of $21.25 and a 200 day moving average price of $21.69.

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in shares of American Public Education by 2.7% during the fourth quarter. California State Teachers Retirement System now owns 25,856 shares of the company’s stock valued at $575,000 after purchasing an additional 672 shares during the last quarter. Barclays PLC lifted its holdings in American Public Education by 61.7% during the 4th quarter. Barclays PLC now owns 24,304 shares of the company’s stock valued at $540,000 after buying an additional 9,276 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of American Public Education by 104.9% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 19,877 shares of the company’s stock valued at $509,000 after purchasing an additional 10,177 shares in the last quarter. Citadel Advisors LLC raised its holdings in shares of American Public Education by 108.9% in the 3rd quarter. Citadel Advisors LLC now owns 17,714 shares of the company’s stock valued at $454,000 after purchasing an additional 9,233 shares in the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of American Public Education by 19.2% during the 4th quarter. Wells Fargo & Company MN now owns 18,076 shares of the company’s stock valued at $402,000 after buying an additional 2,915 shares during the period. 96.55% of the stock is owned by institutional investors and hedge funds.

Several research analysts have weighed in on the stock. StockNews.com upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a report on Thursday, April 21st. Zacks Investment Research lowered shares of American Public Education from a “hold” rating to a “strong sell” rating and set a $17.00 price target for the company. in a research report on Tuesday, March 1st. Truist Financial cut their price objective on shares of American Public Education from $26.00 to $21.00 in a report on Thursday. Finally, Barrington Research dropped their price objective on shares of American Public Education from $25.00 to $20.00 in a research note on Wednesday.

About American Public Education (Get Rating)

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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Earnings History for American Public Education (NASDAQ:APEI)

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