American Public Education, Inc. (NASDAQ:APEI) Expected to Announce Quarterly Sales of $152.13 Million

Analysts predict that American Public Education, Inc. (NASDAQ:APEI – Get Rating) will report $152.13 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for American Public Education’s earnings, with estimates ranging from $151.80 million to $152.70 million. American Public Education posted sales of $78.01 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 95%. The company is expected to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that American Public Education will report full-year sales of $618.79 million for the current year, with estimates ranging from $612.62 million to $625.20 million. For the next financial year, analysts forecast that the business will report sales of $644.33 million, with estimates ranging from $633.38 million to $650.00 million. Zacks’ sales calculations are an average based on a survey of research firms that cover American Public Education.

American Public Education (NASDAQ:APEI – Get Rating) last announced its earnings results on Tuesday, May 10th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. American Public Education had a net margin of 3.09% and a return on equity of 2.92%. During the same quarter in the previous year, the firm posted $0.49 EPS.

A number of analysts have recently commented on the stock. Zacks Investment Research cut shares of American Public Education from a “hold” rating to a “strong sell” rating and set a $17.00 target price on the stock. in a report on Tuesday, March 1st. StockNews.com cut shares of American Public Education from a “buy” rating to a “hold” rating in a report on Thursday. Truist Financial dropped their price target on shares of American Public Education from $26.00 to $21.00 in a research note on Thursday. Finally, Barrington Research dropped their price target on shares of American Public Education from $25.00 to $20.00 in a research note on Wednesday, May 11th.

Shares of APEI stock opened at $13.63 on Monday. American Public Education has a 12 month low of $12.82 and a 12 month high of $30.00. The stock has a market cap of $257.01 million, a PE ratio of 17.04, a price-to-earnings-growth ratio of 0.76 and a beta of 0.62. The company has a current ratio of 2.40, a quick ratio of 2.42 and a debt-to-equity ratio of 0.35. The company’s fifty day moving average price is $20.99 and its 200-day moving average price is $21.51.

A number of institutional investors have recently made changes to their positions in the stock. BlackRock Inc. lifted its stake in American Public Education by 4.6% during the 4th quarter. BlackRock Inc. now owns 3,116,146 shares of the company’s stock valued at $69,334,000 after acquiring an additional 136,136 shares during the period. Redwood Capital Management LLC lifted its stake in American Public Education by 93.9% during the 3rd quarter. Redwood Capital Management LLC now owns 1,507,313 shares of the company’s stock valued at $38,602,000 after acquiring an additional 729,933 shares during the period. Systematic Financial Management LP lifted its stake in American Public Education by 11.1% during the 1st quarter. Systematic Financial Management LP now owns 1,094,679 shares of the company’s stock valued at $23,251,000 after acquiring an additional 109,360 shares during the period. Dimensional Fund Advisors LP lifted its stake in American Public Education by 1.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,018,943 shares of the company’s stock valued at $26,096,000 after acquiring an additional 12,707 shares during the period. Finally, Royce & Associates LP lifted its stake in American Public Education by 2.6% during the 1st quarter. Royce & Associates LP now owns 762,245 shares of the company’s stock valued at $16,190,000 after acquiring an additional 19,306 shares during the period. Institutional investors own 96.55% 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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