American Public Education (NASDAQ:APEI) Price Target Raised to $46.00 at Northland Securities

American Public Education (NASDAQ:APEI) had its price objective hoisted by Northland Securities from $38.00 to $46.00 in a research report released on Thursday morning,Benzinga reports. Northland Securities currently has an outperform rating on the stock.

A number of other research firms have also recently commented on APEI. Northland Capmk upgraded American Public Education to a “strong-buy” rating in a research note on Wednesday, June 18th. DA Davidson started coverage on American Public Education in a research note on Tuesday, September 9th. They issued a “buy” rating and a $40.00 target price for the company. Barrington Research raised their target price on American Public Education from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Tuesday. B. Riley raised their price objective on American Public Education from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Finally, Griffin Securities set a $37.00 price objective on American Public Education in a research report on Thursday, August 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, American Public Education presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.86.

American Public Education Trading Up 1.9%

NASDAQ APEI opened at $38.05 on Thursday. American Public Education has a fifty-two week low of $13.45 and a fifty-two week high of $38.32. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.83 and a current ratio of 2.83. The stock has a 50 day simple moving average of $31.56 and a two-hundred day simple moving average of $28.14. The stock has a market cap of $687.56 million, a P/E ratio of 35.90, a price-to-earnings-growth ratio of 2.14 and a beta of 1.61.

American Public Education (NASDAQ:APEI) last released its earnings results on Wednesday, August 6th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.05. The company had revenue of $162.77 million during the quarter, compared to analysts’ expectations of $160.88 million. American Public Education had a return on equity of 10.82% and a net margin of 4.44%. On average, analysts forecast that American Public Education will post 0.47 earnings per share for the current year.

Institutional Trading of American Public Education

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of American Public Education by 6.6% in the 1st quarter. Vanguard Group Inc. now owns 908,974 shares of the company’s stock worth $20,288,000 after purchasing an additional 56,674 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of American Public Education by 124.8% in the 2nd quarter. Acadian Asset Management LLC now owns 668,130 shares of the company’s stock worth $20,342,000 after purchasing an additional 370,894 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of American Public Education by 9.1% in the 2nd quarter. American Century Companies Inc. now owns 563,079 shares of the company’s stock worth $17,151,000 after purchasing an additional 46,813 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of American Public Education by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 538,440 shares of the company’s stock worth $12,018,000 after purchasing an additional 21,079 shares in the last quarter. Finally, Bastion Asset Management Inc. grew its holdings in shares of American Public Education by 9.6% in the first quarter. Bastion Asset Management Inc. now owns 485,901 shares of the company’s stock worth $10,845,000 after acquiring an additional 42,575 shares during the period. Institutional investors own 79.62% of the company’s stock.

About American Public Education

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.