Barrington Research Weighs in on American Public Education, Inc.’s FY2023 Earnings (NASDAQ:APEI)

American Public Education, Inc. (NASDAQ:APEIGet Rating) – Equities research analysts at Barrington Research raised their FY2023 earnings per share estimates for American Public Education in a note issued to investors on Wednesday, November 9th. Barrington Research analyst A. Paris. Jr now expects that the company will post earnings per share of $0.55 for the year, up from their previous estimate of $0.50. Barrington Research has a “Buy” rating and a $15.00 price target on the stock. The consensus estimate for American Public Education’s current full-year earnings is ($0.13) per share.

American Public Education (NASDAQ:APEIGet Rating) last issued its quarterly earnings results on Tuesday, August 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.12). The business had revenue of $149.61 million for the quarter, compared to the consensus estimate of $152.13 million. American Public Education had a negative net margin of 16.30% and a positive return on equity of 1.79%. During the same quarter last year, the business posted $0.03 EPS.

A number of other equities analysts have also commented on the stock. TheStreet lowered shares of American Public Education from a “c” rating to a “d” rating in a report on Wednesday, August 10th. StockNews.com started coverage on American Public Education in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Truist Financial cut their price objective on American Public Education from $21.00 to $16.00 and set a “buy” rating for the company in a report on Thursday, August 11th.

American Public Education Price Performance

Shares of APEI opened at $12.97 on Friday. American Public Education has a 1-year low of $7.82 and a 1-year high of $25.42. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.47. The firm’s 50 day simple moving average is $10.42 and its 200 day simple moving average is $13.28.

Institutional Investors Weigh In On American Public Education

Institutional investors have recently made changes to their positions in the business. KBC Group NV bought a new stake in American Public Education in the second quarter worth $27,000. Lazard Asset Management LLC bought a new stake in shares of American Public Education in the 1st quarter valued at about $108,000. Prescott Group Capital Management L.L.C. purchased a new stake in American Public Education during the 3rd quarter valued at about $119,000. Great West Life Assurance Co. Can bought a new position in American Public Education during the 3rd quarter worth approximately $121,000. Finally, Money Concepts Capital Corp grew its position in American Public Education by 11.8% during the 3rd quarter. Money Concepts Capital Corp now owns 13,406 shares of the company’s stock worth $123,000 after acquiring an additional 1,420 shares during the last quarter. Hedge funds and other institutional investors own 96.69% of the company’s stock.

About American Public Education

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

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