American Public Education (NASDAQ:APEI) Issues Q2 2022 Earnings Guidance

American Public Education (NASDAQ:APEIGet Rating) updated its second quarter 2022 earnings guidance on Tuesday. The company provided EPS guidance of 0-$0.07 for the period, compared to the consensus EPS estimate of $0.22. The company issued revenue guidance of $150.00 million-$154.00 million, compared to the consensus revenue estimate of $153.48 million.

Several equities research analysts have issued reports on the company. Zacks Investment Research downgraded American Public Education from a hold rating to a strong sell rating and set a $17.00 target price on the stock. in a research report on Tuesday, March 1st. Barrington Research lowered their price objective on American Public Education from $25.00 to $20.00 in a research report on Wednesday, May 11th. Truist Financial lowered their price objective on American Public Education from $26.00 to $21.00 in a research report on Thursday, May 12th. Finally, StockNews.com upgraded American Public Education from a hold rating to a buy rating in a research report on Monday.

Shares of APEI stock opened at $13.48 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.40 and a current ratio of 2.40. American Public Education has a 52-week low of $12.82 and a 52-week high of $30.00. The company has a market capitalization of $254.18 million, a PE ratio of 16.85, a price-to-earnings-growth ratio of 1.38 and a beta of 0.62. The business’s fifty day moving average is $20.03 and its 200 day moving average is $20.99.

American Public Education (NASDAQ:APEIGet Rating) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. American Public Education had a return on equity of 2.92% and a net margin of 3.09%. During the same period in the prior year, the firm earned $0.49 EPS. On average, sell-side analysts forecast that American Public Education will post 0.66 EPS for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC bought a new position in American Public Education in the first quarter valued at $108,000. Canada Pension Plan Investment Board bought a new position in American Public Education in the fourth quarter valued at $134,000. Royal Bank of Canada increased its stake in American Public Education by 9.5% in the third quarter. Royal Bank of Canada now owns 7,234 shares of the company’s stock valued at $185,000 after acquiring an additional 627 shares during the last quarter. MetLife Investment Management LLC increased its stake in American Public Education by 46.6% in the first quarter. MetLife Investment Management LLC now owns 9,417 shares of the company’s stock valued at $200,000 after acquiring an additional 2,995 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in American Public Education by 10.1% in the first quarter. PNC Financial Services Group Inc. now owns 10,783 shares of the company’s stock valued at $230,000 after acquiring an additional 988 shares during the last quarter. 96.55% of the stock is currently owned by institutional investors and hedge funds.

American Public Education Company Profile (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.

See Also

Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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