American Public Education (NASDAQ:APEI) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of American Public Education, Inc. (NASDAQ:APEI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $29.33 and traded as high as $37.28. American Public Education shares last traded at $37.03, with a volume of 203,140 shares.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Northland Securities raised their price objective on shares of American Public Education from $38.00 to $46.00 and gave the company an “outperform” rating in a report on Thursday, September 25th. Barrington Research raised their price objective on shares of American Public Education from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 23rd. Northland Capmk raised shares of American Public Education to a “strong-buy” rating in a research report on Wednesday, June 18th. Zacks Research raised shares of American Public Education to a “hold” rating in a research report on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Public Education in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.86.

American Public Education Trading Up 0.7%

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 firm has a 50 day simple moving average of $33.44 and a two-hundred day simple moving average of $29.33. The firm has a market capitalization of $669.13 million, a P/E ratio of 34.93, a PEG ratio of 2.11 and a beta of 1.64.

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

Institutional Investors Weigh In On American Public Education

Large investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its holdings in American Public Education by 5,909.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,262 shares of the company’s stock valued at $38,000 after buying an additional 1,241 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in American Public Education by 84.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,616 shares of the company’s stock valued at $49,000 after buying an additional 738 shares in the last quarter. Legal & General Group Plc grew its holdings in American Public Education by 40.5% during the 2nd quarter. Legal & General Group Plc now owns 1,914 shares of the company’s stock valued at $58,000 after buying an additional 552 shares in the last quarter. USA Financial Formulas purchased a new position in American Public Education during the 2nd quarter valued at about $58,000. Finally, Tower Research Capital LLC TRC grew its holdings in shares of American Public Education by 96.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,643 shares of the company’s stock worth $81,000 after purchasing an additional 1,298 shares in the last quarter. Hedge funds and other 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.