Barrington Research Estimates APEI FY2024 Earnings

American Public Education, Inc. (NASDAQ:APEI) – Equities researchers at Barrington Research upped their FY2024 earnings per share (EPS) estimates for American Public Education in a 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 previous estimate of $0.41. Barrington Research 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.

Other equities research analysts have also issued reports about the stock. Truist Financial increased their target price on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 14th. B. Riley raised their price objective on shares of American Public Education from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, StockNews.com cut shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th.

American Public Education Stock Up 4.0 %

NASDAQ APEI opened at $19.05 on Monday. American Public Education has a 52 week low of $5.41 and a 52 week high of $21.04. The company has a quick ratio of 2.83, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $337.38 million, a P/E ratio of 34.02, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. The stock’s 50-day moving average price is $15.24 and its 200-day moving average price is $16.34.

Institutional Trading of American Public Education

Several hedge funds have recently modified their holdings of APEI. Geode Capital Management LLC grew its holdings in shares of American Public Education by 0.6% in the third quarter. Geode Capital Management LLC now owns 404,168 shares of the company’s stock valued at $5,963,000 after purchasing an additional 2,573 shares in the last quarter. Barclays PLC raised its stake in American Public Education by 17.4% during the third quarter. Barclays PLC now owns 28,078 shares of the company’s stock valued at $414,000 after purchasing an additional 4,167 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in American Public Education by 3.0% during the third quarter. Orion Portfolio Solutions LLC now owns 51,314 shares of the company’s stock valued at $757,000 after purchasing an additional 1,517 shares during the last quarter. State Street Corp lifted its position in American Public Education by 27.2% during the third quarter. State Street Corp now owns 275,889 shares of the company’s stock valued at $4,069,000 after purchasing an additional 58,984 shares during the last quarter. Finally, Martingale Asset Management L P bought a new stake in shares of American Public Education in the 3rd quarter worth about $189,000. 79.62% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Michael David Braner purchased 26,539 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was bought at an average cost of $14.71 per share, with a total value of $390,388.69. Following the completion of the purchase, the director now owns 1,824,820 shares in the company, valued at approximately $26,843,102.20. This represents a 1.48 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders purchased 58,804 shares of company stock worth $915,928. 11.38% of the stock is owned by insiders.

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.