Zacks: Analysts Anticipate American Public Education, Inc. (APEI) to Announce $0.30 EPS

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Wall Street brokerages forecast that American Public Education, Inc. (NASDAQ:APEI) will announce earnings per share of $0.30 for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for American Public Education’s earnings. The highest EPS estimate is $0.31 and the lowest is $0.29. American Public Education reported earnings per share of $0.27 during the same quarter last year, which indicates a positive year over year growth rate of 11.1%. The company is scheduled to report its next earnings report after the market closes on Tuesday, November 6th.

On average, analysts expect that American Public Education will report full-year earnings of $1.60 per share for the current year. For the next financial year, analysts expect that the firm will report earnings of $1.70 per share, with EPS estimates ranging from $1.65 to $1.75. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow American Public Education.

American Public Education (NASDAQ:APEI) last posted its quarterly earnings results on Wednesday, August 8th. The company reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.06. American Public Education had a net margin of 7.97% and a return on equity of 8.61%. The business had revenue of $72.80 million for the quarter, compared to analysts’ expectations of $73.14 million. During the same period in the prior year, the company posted $0.23 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis.

A number of equities analysts have recently weighed in on APEI shares. BidaskClub raised shares of American Public Education from a “hold” rating to a “buy” rating in a research note on Monday, June 18th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $41.00 price target on shares of American Public Education in a research note on Thursday, August 9th. Barrington Research lowered their price target on shares of American Public Education to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, August 9th. They noted that the move was a valuation call. BMO Capital Markets lowered their price objective on shares of American Public Education from $44.00 to $43.00 and set a “market perform” rating on the stock in a research note on Thursday, August 9th. Finally, ValuEngine cut shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $42.25.

Shares of NASDAQ:APEI traded up $0.66 on Monday, reaching $29.26. 62,300 shares of the company were exchanged, compared to its average volume of 123,691. American Public Education has a 1-year low of $19.30 and a 1-year high of $46.15. The stock has a market cap of $542.81 million, a PE ratio of 22.68, a price-to-earnings-growth ratio of 1.37 and a beta of 0.61.

In related news, insider Wallace E. Jr. Boston sold 4,000 shares of the stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $43.65, for a total value of $174,600.00. Following the sale, the insider now directly owns 382,801 shares of the company’s stock, valued at approximately $16,709,263.65. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 4,400 shares of company stock worth $187,638. 3.19% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of APEI. SG Americas Securities LLC acquired a new stake in American Public Education in the 1st quarter valued at about $101,000. Piedmont Investment Advisors LLC purchased a new position in American Public Education in the 2nd quarter valued at about $161,000. Advisors Preferred LLC purchased a new position in American Public Education in the 2nd quarter valued at about $177,000. United Services Automobile Association purchased a new position in American Public Education in the 2nd quarter valued at about $202,000. Finally, PNC Financial Services Group Inc. lifted its holdings in American Public Education by 947.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,164 shares of the company’s stock valued at $223,000 after purchasing an additional 4,671 shares in the last quarter. 93.54% of the stock is currently owned by hedge funds and other institutional investors.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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