Aspen Group (NASDAQ:ASPU) announced its quarterly earnings results on Monday. The technology company reported ($0.11) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.03), Fidelity Earnings reports. Aspen Group had a negative net margin of 22.92% and a negative return on equity of 30.90%. The firm had revenue of $10.36 million for the quarter, compared to analyst estimates of $10.06 million.

Shares of ASPU stock opened at $5.58 on Thursday. The company has a market cap of $94.36 million, a P/E ratio of -11.16 and a beta of 0.63. The stock has a 50 day simple moving average of $4.27 and a two-hundred day simple moving average of $4.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 3.31 and a current ratio of 3.31. Aspen Group has a fifty-two week low of $3.58 and a fifty-two week high of $7.35.

A number of brokerages have recently issued reports on ASPU. Lake Street Capital set a $10.00 price objective on Aspen Group and gave the stock a “buy” rating in a research report on Tuesday. Roth Capital set a $10.00 price objective on Aspen Group and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Zacks Investment Research downgraded Aspen Group from a “hold” rating to a “sell” rating in a research report on Wednesday, September 4th. ValuEngine upgraded Aspen Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Canaccord Genuity began coverage on Aspen Group in a research report on Monday. They set a “buy” rating and a $8.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Aspen Group presently has a consensus rating of “Buy” and an average target price of $8.13.

Aspen Group Company Profile

Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.

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Earnings History for Aspen Group (NASDAQ:ASPU)

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