American Public Education Inc. (APEI) Trading 2% Higher
Shares of American Public Education Inc. (NASDAQ:APEI) traded up 2% during mid-day trading on Friday . The company traded as high as $22.57 and last traded at $22.50, with a volume of 59,366 shares traded. The stock had previously closed at $22.06.
A number of analysts have recently issued reports on the stock. TheStreet lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research report on Thursday, August 11th. Piper Jaffray Cos. reissued a “neutral” rating and issued a $24.00 price target (down from $25.00) on shares of American Public Education in a research report on Wednesday, August 10th. Finally, Zacks Investment Research lowered shares of American Public Education from a “hold” rating to a “sell” rating in a research report on Tuesday, August 9th.
The firm’s 50-day moving average is $27.45 and its 200 day moving average is $23.56. The firm has a market cap of $362.91 million and a PE ratio of 11.01.
American Public Education (NASDAQ:APEI) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. The firm had revenue of $76.75 million for the quarter, compared to the consensus estimate of $75.63 million. During the same period in the prior year, the firm posted $0.42 earnings per share. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. On average, equities research analysts expect that American Public Education Inc. will post $1.91 EPS for the current year.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.