American Public Education (APEI) Set to Announce Earnings on Monday

American Public Education (NASDAQ:APEI) is scheduled to announce its earnings results after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. American Public Education has set its FY 2024 guidance at EPS and its Q3 2024 guidance at -0.060-0.050 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

American Public Education (NASDAQ:APEI) last announced its earnings results on Tuesday, August 6th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. American Public Education had a return on equity of 6.88% and a net margin of 1.73%. The firm had revenue of $152.90 million during the quarter, compared to analyst estimates of $154.06 million. On average, analysts expect American Public Education to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Public Education Trading Down 0.3 %

NASDAQ APEI opened at $15.13 on Friday. The stock’s 50 day moving average is $14.85 and its 200 day moving average is $15.97. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $267.80 million, a PE ratio of 60.52, a P/E/G ratio of 2.13 and a beta of 1.25. American Public Education has a twelve month low of $4.18 and a twelve month high of $21.04.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $18.00 target price on shares of American Public Education in a research report on Tuesday. Truist Financial lowered their target price on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating for the company in a report on Tuesday, August 13th. Finally, StockNews.com lowered American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

Insider Activity at American Public Education

In other American Public Education news, Director Michael David Braner purchased 14,393 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was purchased at an average price of $15.69 per share, for a total transaction of $225,826.17. Following the completion of the purchase, the director now directly owns 1,846,299 shares of the company’s stock, valued at $28,968,431.31. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have bought 182,287 shares of company stock valued at $2,635,431. 11.38% of the stock is owned by insiders.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education and career learning in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 184 degree programs and 134 certificate programs in various fields of study, including nursing, national security, military studies, intelligence, homeland security, business, health science, information technology, justice studies, education, and liberal arts; and career learning opportunities in leadership, finance, human resources, and other fields of study critical to the federal government workforce.