American Public Education (NASDAQ:APEI) Upgraded to “Buy” at StockNews.com

American Public Education (NASDAQ:APEIGet Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday.

Several other equities research analysts have also weighed in on the company. Zacks Investment Research lowered American Public Education from a “hold” rating to a “strong sell” rating and set a $17.00 price target on the stock. in a research report on Tuesday, March 1st. Truist Financial lowered their price objective on American Public Education from $36.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, March 4th.

NASDAQ APEI opened at $21.88 on Thursday. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.37. American Public Education has a twelve month low of $16.97 and a twelve month high of $33.34. The firm has a market capitalization of $412.57 million, a PE ratio of 21.66, a P/E/G ratio of 1.22 and a beta of 0.60. The stock’s 50 day moving average is $21.16 and its 200 day moving average is $22.34.

American Public Education (NASDAQ:APEIGet Rating) last released its quarterly earnings results on Wednesday, March 2nd. The company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.15. American Public Education had a return on equity of 4.37% and a net margin of 4.24%. The company had revenue of $154.00 million for the quarter, compared to analyst estimates of $152.10 million. During the same period in the previous year, the company posted $0.47 earnings per share. On average, research analysts anticipate that American Public Education will post 1.2 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of APEI. Denali Advisors LLC purchased a new position in shares of American Public Education in the fourth quarter worth $56,000. Marshall Wace LLP purchased a new position in shares of American Public Education in the first quarter worth $56,000. Canada Pension Plan Investment Board purchased a new position in shares of American Public Education in the fourth quarter worth $134,000. Allspring Global Investments Holdings LLC purchased a new position in shares of American Public Education in the fourth quarter worth $173,000. Finally, Royal Bank of Canada raised its stake in shares of American Public Education by 9.5% in the third quarter. Royal Bank of Canada now owns 7,234 shares of the company’s stock worth $185,000 after purchasing an additional 627 shares during the last quarter. Hedge funds and other institutional investors own 94.15% of the company’s stock.

About American Public Education (Get Rating)

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 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.

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