American Public Education Inc. (APEI) Reaches New 12-Month High at $30.74
Shares of American Public Education Inc. (NASDAQ:APEI) hit a new 52-week high during trading on Friday . The stock traded as high as $30.74 and last traded at $30.22, with a volume of 44,129 shares changing hands. The stock had previously closed at $29.19.
Several analysts have recently commented on APEI shares. Zacks Investment Research upgraded shares of American Public Education from a “hold” rating to a “strong-buy” rating and set a $31.00 target price for the company in a report on Wednesday, May 11th. TheStreet upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a report on Wednesday, June 15th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $26.50.
The stock has a 50 day moving average price of $28.47 and a 200-day moving average price of $22.99. The company has a market capitalization of $488.10 million and a price-to-earnings ratio of 14.79.
American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Monday, May 9th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.50 by $0.14. The firm had revenue of $83.97 million for the quarter, compared to analysts’ expectations of $82.59 million. The business’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.51 EPS. Analysts forecast that American Public Education Inc. will post $2.01 EPS for the current fiscal year.
In other news, EVP Carol S. Gilbert sold 1,000 shares of the firm’s stock in a transaction on Wednesday, May 11th. The stock was sold at an average price of $25.59, for a total transaction of $25,590.00. Following the transaction, the executive vice president now owns 51,685 shares in the company, valued at $1,322,619.15. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
American Public Education, Inc is a provider of online and on-campus postsecondary education. The Company’s segments include American Public Education Segment (APEI Segment), which consists of the operational activities of APUS, other corporate activities and minority investments, and Hondros College of Nursing Segment (HCON Segment), which consists of the operational activities of HCON.
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