APEI FY2024 EPS Estimate Increased by Barrington Research

American Public Education, Inc. (NASDAQ:APEI) – Analysts at Barrington Research increased their FY2024 earnings estimates for shares of American Public Education in a research note issued to investors on Wednesday, November 13th. Barrington Research analyst A. Paris now forecasts that the company will post earnings of $0.45 per share for the year, up from their prior estimate of $0.41. Barrington Research currently has a “Outperform” rating and a $24.00 price target on the stock. The consensus estimate for American Public Education’s current full-year earnings is $0.48 per share. Barrington Research also issued estimates for American Public Education’s Q4 2024 earnings at $0.53 EPS and FY2025 earnings at $1.40 EPS.

Several other equities research analysts also recently weighed in on the company. StockNews.com downgraded American Public Education from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. Truist Financial increased their target price on American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research note on Thursday, November 14th. Finally, B. Riley boosted their target price on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

American Public Education Stock Up 4.0 %

Shares of NASDAQ APEI opened at $19.05 on Monday. American Public Education has a 1 year low of $5.41 and a 1 year high of $21.04. The firm has a 50-day simple moving average of $15.24 and a two-hundred day simple moving average of $16.34. The company has a market cap of $337.38 million, a P/E ratio of 34.02, a PEG ratio of 2.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.65 and a quick ratio of 2.83.

Institutional Investors Weigh In On American Public Education

Several hedge funds have recently modified their holdings of APEI. Innealta Capital LLC purchased a new stake in American Public Education during the second quarter worth $34,000. Quarry LP increased its holdings in shares of American Public Education by 94.0% in the 2nd quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after acquiring an additional 2,261 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of American Public Education in the 1st quarter worth $130,000. MetLife Investment Management LLC lifted its stake in shares of American Public Education by 129.1% during the 3rd quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after purchasing an additional 5,187 shares during the last quarter. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of American Public Education during the 1st quarter worth $141,000. Hedge funds and other institutional investors own 79.62% of the company’s stock.

Insider Activity at American Public Education

In other American Public Education news, Director Michael David Braner bought 14,393 shares of the business’s stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $15.69 per share, with a total value of $225,826.17. Following the transaction, the director now owns 1,846,299 shares of the company’s stock, valued at approximately $28,968,431.31. This trade represents a 0.79 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders bought 58,804 shares of company stock worth $915,928. Company insiders own 11.38% 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.