Wall Street brokerages expect American Public Education, Inc. (NASDAQ:APEI) to post sales of $69.90 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for American Public Education’s earnings. The lowest sales estimate is $69.79 million and the highest is $70.00 million. American Public Education posted sales of $72.80 million in the same quarter last year, which would indicate a negative year over year growth rate of 4%. The firm is expected to report its next earnings results after the market closes on Tuesday, August 6th.

On average, analysts expect that American Public Education will report full year sales of $289.74 million for the current financial year, with estimates ranging from $289.44 million to $290.04 million. For the next financial year, analysts forecast that the firm will report sales of $295.17 million, with estimates ranging from $295.00 million to $295.34 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover American Public Education.

American Public Education (NASDAQ:APEI) last posted its earnings results on Tuesday, May 7th. The company reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.01. The firm had revenue of $73.44 million for the quarter, compared to the consensus estimate of $73.51 million. American Public Education had a net margin of 7.45% and a return on equity of 8.38%. The company’s revenue was down 2.0% on a year-over-year basis. During the same period last year, the firm posted $0.35 EPS.

A number of research analysts recently commented on the stock. Barrington Research reaffirmed a “buy” rating and issued a $135.00 target price on shares of Affiliated Managers Group in a research report on Tuesday, April 30th. BidaskClub downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th. Zacks Investment Research downgraded shares of HEXO from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. Finally, TheStreet raised shares of ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research report on Thursday, May 16th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. American Public Education presently has an average rating of “Hold” and an average price target of $38.00.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in American Public Education during the first quarter valued at $41,000. Quantamental Technologies LLC purchased a new stake in American Public Education during the first quarter valued at about $49,000. PNC Financial Services Group Inc. lifted its stake in American Public Education by 388.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock valued at $51,000 after buying an additional 1,417 shares in the last quarter. Marshall Wace LLP purchased a new stake in American Public Education during the first quarter valued at about $56,000. Finally, BNP Paribas Arbitrage SA lifted its stake in American Public Education by 131.4% during the first quarter. BNP Paribas Arbitrage SA now owns 3,599 shares of the company’s stock valued at $108,000 after buying an additional 2,044 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Shares of NASDAQ APEI traded down $0.31 during mid-day trading on Friday, reaching $31.44. The company had a trading volume of 64,000 shares, compared to its average volume of 81,791. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $29.49. The stock has a market cap of $518.65 million, a PE ratio of 19.41, a P/E/G ratio of 1.44 and a beta of 0.81. American Public Education has a 52-week low of $26.37 and a 52-week high of $46.15.

About American Public Education

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.

See Also: Beta

Get a free copy of the Zacks research report on American Public Education (APEI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for American Public Education (NASDAQ:APEI)

Receive News & Ratings for American Public Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Public Education and related companies with MarketBeat.com's FREE daily email newsletter.