Q2 2024 EPS Estimates for American Public Education, Inc. Reduced by Zacks Research (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEI) – Stock analysts at Zacks Research decreased their Q2 2024 earnings estimates for American Public Education in a research report issued to clients and investors on Tuesday, May 21st. Zacks Research analyst A. Gupta now forecasts that the company will post earnings of $0.00 per share for the quarter, down from their previous estimate of $0.02. The consensus estimate for American Public Education’s current full-year earnings is $0.68 per share. Zacks Research also issued estimates for American Public Education’s Q3 2024 earnings at $0.29 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.49 EPS, Q1 2026 earnings at $0.21 EPS and FY2026 earnings at $1.32 EPS.

American Public Education (NASDAQ:APEI) last issued its earnings results on Tuesday, March 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.50. The company had revenue of $152.80 million for the quarter, compared to analysts’ expectations of $150.54 million. American Public Education had a negative net margin of 6.78% and a positive return on equity of 5.97%.

APEI has been the subject of several other reports. Truist Financial upped their price objective on American Public Education from $6.00 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, March 6th. Barrington Research upped their target price on shares of American Public Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 8th. B. Riley upped their price target on shares of American Public Education from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, StockNews.com upgraded American Public Education from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 16th.

American Public Education Price Performance

Shares of NASDAQ:APEI opened at $17.54 on Wednesday. American Public Education has a twelve month low of $3.76 and a twelve month high of $21.04. The stock has a market capitalization of $308.35 million, a PE ratio of -6.69, a price-to-earnings-growth ratio of 1.74 and a beta of 1.27. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average price is $14.70 and its 200-day moving average price is $11.46.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in APEI. Prescott Group Capital Management L.L.C. lifted its stake in American Public Education by 11.1% during the 3rd quarter. Prescott Group Capital Management L.L.C. now owns 1,184,568 shares of the company’s stock valued at $5,899,000 after acquiring an additional 118,300 shares during the period. Foundry Partners LLC lifted its position in American Public Education by 34.6% during the third quarter. Foundry Partners LLC now owns 476,265 shares of the company’s stock valued at $2,372,000 after purchasing an additional 122,520 shares during the period. AWM Investment Company Inc. boosted its holdings in American Public Education by 13.4% in the third quarter. AWM Investment Company Inc. now owns 169,370 shares of the company’s stock valued at $843,000 after purchasing an additional 20,000 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in American Public Education during the 1st quarter worth about $2,159,000. Finally, Acadian Asset Management LLC raised its stake in shares of American Public Education by 5,036.3% during the 1st quarter. Acadian Asset Management LLC now owns 87,830 shares of the company’s stock valued at $1,246,000 after buying an additional 86,120 shares during the last quarter. Hedge funds and other institutional investors own 79.62% of the company’s stock.

Insider Activity at American Public Education

In other American Public Education news, EVP Craig S. Macgibbon sold 1,500 shares of the company’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $18.40, for a total value of $27,600.00. Following the completion of the sale, the executive vice president now directly owns 41,783 shares in the company, valued at approximately $768,807.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other American Public Education news, EVP Craig S. Macgibbon sold 1,500 shares of American Public Education stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $18.40, for a total value of $27,600.00. Following the transaction, the executive vice president now owns 41,783 shares in the company, valued at $768,807.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Craig S. Macgibbon sold 6,519 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $17.35, for a total transaction of $113,104.65. Following the completion of the sale, the executive vice president now owns 37,751 shares of the company’s stock, valued at $654,979.85. The disclosure for this sale can be found here. 11.38% of the stock is currently owned by company insiders.

About American Public Education

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.