American Public Education, Inc. (APEI) Expected to Announce Quarterly Sales of $77.43 Million

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.

Institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in American Public Education by 388.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock worth $51,000 after buying an additional 1,417 shares in the last quarter. LS Investment Advisors LLC raised its holdings in shares of American Public Education by 459.2% in the 4th quarter. LS Investment Advisors LLC now owns 2,578 shares of the company’s stock valued at $73,000 after purchasing an additional 2,117 shares in the last quarter. United Services Automobile Association acquired a new stake in shares of American Public Education in the 2nd quarter valued at $244,000. Wedge Capital Management L L P NC acquired a new stake in shares of American Public Education in the 3rd quarter valued at $200,000. Finally, Oregon Public Employees Retirement Fund acquired a new stake in shares of American Public Education in the 4th quarter valued at $178,000. Institutional investors own 95.66% of the company’s stock.

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.

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