American Public Education Inc. (APEI) Shares Up 2%
Shares of American Public Education Inc. (NASDAQ:APEI) shot 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 recently weighed in on the stock. TheStreet lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th. Piper Jaffray Cos. restated a “neutral” rating and set a $24.00 target price (down from $25.00) on shares of American Public Education in a research note 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 note on Tuesday, August 9th.
The stock has a market cap of $362.91 million and a PE ratio of 11.01. The firm has a 50 day moving average price of $27.45 and a 200-day moving average price of $23.56.
American Public Education (NASDAQ:APEI) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. During the same period in the previous year, the business posted $0.42 earnings per share. The business earned $76.75 million during the quarter, compared to analyst estimates of $75.63 million. The firm’s quarterly revenue was down 4.4% on a year-over-year basis. Equities research analysts predict that American Public Education Inc. will post $1.91 EPS for the current fiscal 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.
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