Analysts expect American Public Education, Inc. (NASDAQ:APEI) to announce sales of $77.43 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for American Public Education’s earnings. The highest sales estimate is $78.36 million and the lowest is $76.50 million. American Public Education posted sales of $78.09 million during the same quarter last year, which would indicate a negative year over year growth rate of 0.8%. The firm is scheduled to issue its next earnings results after the market closes on Tuesday, March 12th.
On average, analysts expect that American Public Education will report full year sales of $298.19 million for the current financial year, with estimates ranging from $297.26 million to $299.12 million. For the next year, analysts expect that the company will report sales of $302.53 million, with estimates ranging from $302.00 million to $303.06 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for American Public Education.
APEI has been the subject of a number of research analyst reports. BidaskClub cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 31st. Barrington Research reaffirmed a “buy” rating and set a $40.00 price objective on shares of American Public Education in a research report on Wednesday, November 7th. TheStreet cut shares of American Public Education from a “b-” rating to a “c+” rating in a research report on Wednesday, November 7th. Finally, Zacks Investment Research raised shares of American Public Education from a “sell” rating to a “hold” rating in a research report on Friday, December 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. American Public Education has an average rating of “Hold” and a consensus target price of $42.25.
Shares of NASDAQ:APEI traded up $0.08 during mid-day trading on Monday, reaching $30.14. 34,701 shares of the company were exchanged, compared to its average volume of 67,029. The stock has a market capitalization of $493.71 million, a P/E ratio of 23.36, a PEG ratio of 1.21 and a beta of 0.58. American Public Education has a 1 year low of $24.50 and a 1 year high of $46.15.
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.
Featured Story: Cost of Equity For A Business, Investors
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.