American Public Education, Inc. (NASDAQ:APEI) Forecasted to Post Q3 2023 Earnings of $0.14 Per Share

American Public Education, Inc. (NASDAQ:APEI – Get Rating) – Research analysts at B. Riley dropped their Q3 2023 earnings per share (EPS) estimates for shares of American Public Education in a research note issued to investors on Wednesday, March 15th. B. Riley analyst R. Sharma now expects that the company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for American Public Education’s current full-year earnings is $0.54 per share.

APEI has been the topic of a number of other reports. Barrington Research cut their target price on American Public Education from $15.00 to $10.00 and set an “outperform” rating on the stock in a report on Wednesday. StockNews.com started coverage on shares of American Public Education in a report on Thursday. They set a “hold” rating on the stock. Finally, William Blair cut shares of American Public Education from an “outperform” rating to a “market perform” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, American Public Education presently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

American Public Education Trading Down 2.4 %

Shares of American Public Education stock opened at $4.45 on Thursday. The stock has a market capitalization of $84.06 million, a PE ratio of -0.85, a price-to-earnings-growth ratio of 1.14 and a beta of 0.77. American Public Education has a 52 week low of $4.15 and a 52 week high of $24.02. The stock has a 50 day moving average price of $11.88 and a two-hundred day moving average price of $11.67. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.39 and a current ratio of 2.39.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of APEI. Swiss National Bank grew its holdings in American Public Education by 7.5% during the first quarter. Swiss National Bank now owns 44,300 shares of the company’s stock worth $941,000 after buying an additional 3,100 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of American Public Education by 10.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,783 shares of the company’s stock worth $230,000 after acquiring an additional 988 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of 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 purchasing an additional 2,995 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of American Public Education by 14.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,129 shares of the company’s stock valued at $343,000 after purchasing an additional 1,989 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in American Public Education by 4.8% during the first quarter. Yousif Capital Management LLC now owns 17,305 shares of the company’s stock worth $368,000 after purchasing an additional 795 shares during the last quarter. Institutional investors own 92.34% of the company’s stock.

American Public Education Company Profile

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American Public Education, Inc provides online and on-campus postsecondary education services. It operates through the following business segments: American Public Education and Hondros College of Nursing. The American Public Education segment reflects the operational activities of the company’s subsidiary American Public University System, Inc, other corporate activities and minority investments.