Analysts Set American Public Education, Inc. (NASDAQ:APEI) Price Target at $38.33

American Public Education, Inc. (NASDAQ:APEI) has been given an average rating of “Buy” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $38.33.

Separately, Zacks Investment Research raised American Public Education from a “sell” rating to a “hold” rating and set a $30.00 price objective for the company in a report on Tuesday, August 10th.

In other news, SVP Thomas Beckett sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 11th. The stock was sold at an average price of $26.47, for a total value of $79,410.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.40% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in APEI. Captrust Financial Advisors grew its holdings in shares of American Public Education by 4,350.0% in the first quarter. Captrust Financial Advisors now owns 712 shares of the company’s stock valued at $25,000 after acquiring an additional 696 shares in the last quarter. Macquarie Group Ltd. lifted its stake in American Public Education by 118.6% in the second quarter. Macquarie Group Ltd. now owns 1,858 shares of the company’s stock valued at $53,000 after purchasing an additional 1,008 shares during the last quarter. Marshall Wace LLP purchased a new position in American Public Education in the first quarter valued at approximately $56,000. Meeder Asset Management Inc. lifted its stake in American Public Education by 1,297.8% in the second quarter. Meeder Asset Management Inc. now owns 2,586 shares of the company’s stock valued at $73,000 after purchasing an additional 2,401 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in American Public Education in the first quarter valued at approximately $83,000. 94.76% of the stock is owned by institutional investors.

APEI stock traded down $0.15 during trading on Tuesday, reaching $25.01. 67,809 shares of the stock were exchanged, compared to its average volume of 121,370. The firm’s 50 day moving average is $26.26 and its 200 day moving average is $28.55. American Public Education has a twelve month low of $23.88 and a twelve month high of $39.19. The firm has a market cap of $467.54 million, a P/E ratio of 21.50, a price-to-earnings-growth ratio of 1.88 and a beta of 0.53.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Sunday, August 8th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $78.01 million for the quarter, compared to the consensus estimate of $78.74 million. American Public Education had a return on equity of 5.21% and a net margin of 5.53%. As a group, sell-side analysts predict that American Public Education will post 0.93 EPS for the current year.

American Public Education Company Profile

American Public Education, Inc provides online and on-campus postsecondary education services. It operates through the following segments: American Public Education and Hondros College of Nursing. The American Public Education segment reflects the operational activities of the company’s subsidiary American Public University System, Inc, other corporate activities and minority investments.

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Analyst Recommendations for American Public Education (NASDAQ:APEI)

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