American Public Education (APEI) Rating Increased to Hold at BidaskClub

American Public Education (NASDAQ:APEI) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Friday.

APEI has been the topic of several other research reports. Zacks Investment Research cut shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Monday, January 29th. ValuEngine upgraded shares of American Public Education from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 2nd. Barrington Research upgraded shares of American Public Education from a “market perform” rating to an “outperform” rating and set a $47.00 price target on the stock in a research note on Wednesday, May 9th. They noted that the move was a valuation call. BMO Capital Markets boosted their price target on shares of American Public Education from $24.00 to $27.00 and gave the stock a “market perform” rating in a research note on Thursday, March 1st. Finally, TheStreet upgraded shares of American Public Education from a “c” rating to a “b-” rating in a research note on Tuesday, March 6th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. American Public Education has a consensus rating of “Buy” and an average target price of $40.75.

American Public Education opened at $39.80 on Friday, according to Marketbeat. American Public Education has a fifty-two week low of $38.55 and a fifty-two week high of $39.25. The firm has a market cap of $632.19 million, a P/E ratio of 30.85, a PEG ratio of 1.61 and a beta of 0.69.

American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, May 8th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $75.00 million for the quarter, compared to analysts’ expectations of $75.13 million. American Public Education had a net margin of 7.10% and a return on equity of 7.90%. American Public Education’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.28 EPS. research analysts expect that American Public Education will post 1.6 earnings per share for the current year.

In other American Public Education news, insider Wallace E. Jr. Boston sold 10,000 shares of the business’s stock in a transaction on Thursday, March 29th. The shares were sold at an average price of $40.80, for a total value of $408,000.00. Following the sale, the insider now owns 395,001 shares in the company, valued at approximately $16,116,040.80. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Amy Panzarella sold 2,000 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $35.00, for a total transaction of $70,000.00. Following the completion of the sale, the senior vice president now owns 7,007 shares in the company, valued at $245,245. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,650 shares of company stock worth $761,733. Corporate insiders own 3.19% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in shares of American Public Education in the 1st quarter worth about $101,000. Victory Capital Management Inc. bought a new stake in shares of American Public Education in the 1st quarter worth about $168,000. MetLife Investment Advisors LLC bought a new stake in shares of American Public Education in the 4th quarter worth about $223,000. Aperio Group LLC bought a new stake in shares of American Public Education in the 1st quarter worth about $223,000. Finally, PNC Financial Services Group Inc. increased its holdings in shares of American Public Education by 947.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,164 shares of the company’s stock worth $223,000 after buying an additional 4,671 shares during the last quarter. Hedge funds and other institutional investors own 91.88% 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. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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