American Public Education Given Overweight Rating at JPMorgan Chase (APEI)
A number of other analysts have also recently weighed in on APEI. Analysts at Zacks reiterated an “outperform” rating on shares of American Public Education in a research note to investors on Monday, March 4th. They now have a $43.00 price target on the stock. Finally, analysts at Barclays Capital raised their price target on shares of American Public Education from $42.00 to $45.00 in a research note to investors on Tuesday, January 8th. They now have an “overweight” rating on the stock.
Seven analysts have rated the stock with a buy rating, one has given an overweight rating, and six have given a hold rating to the company’s stock. The stock currently has an average rating of “overweight” and an average target price of $41.20.
American Public Education opened at 30.22 on Wednesday. American Public Education has a 1-year low of $24.88 and a 1-year high of $42.17. The stock’s 50-day moving average is currently $37.61. The company has a market cap of $538.0 million and a price-to-earnings ratio of 12.86.
American Public Education last issued its quarterly earnings data on Thursday, February 28th. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.67 by $0.07. The company had revenue of $86.00 million for the quarter, compared to the consensus estimate of $84.96 million. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. American Public Education has set its Q1 guidance at $0.55-0.58 EPS. On average, analysts predict that American Public Education will post $2.58 earnings per share for the current fiscal year.
American Public Education, Inc. is a provider of online postsecondary education focusing on the needs of the military and public service communities.
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