$0.31 Earnings Per Share Expected for American Public Education, Inc. (APEI) This Quarter

Wall Street brokerages forecast that American Public Education, Inc. (NASDAQ:APEI) will report $0.31 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for American Public Education’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.32. American Public Education reported earnings per share of $0.35 in the same quarter last year, which suggests a negative year over year growth rate of 11.4%. The firm is scheduled to issue its next quarterly earnings results after the market closes on Tuesday, May 7th.

According to Zacks, analysts expect that American Public Education will report full-year earnings of $1.61 per share for the current fiscal year, with EPS estimates ranging from $1.59 to $1.63. For the next financial year, analysts expect that the firm will report earnings of $1.80 per share, with EPS estimates ranging from $1.79 to $1.81. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for American Public Education.

American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, March 12th. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.03. American Public Education had a return on equity of 8.76% and a net margin of 8.61%. The firm had revenue of $76.93 million for the quarter, compared to analysts’ expectations of $77.43 million.

A number of research firms have recently commented on APEI. BidaskClub raised American Public Education from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th. Zacks Investment Research raised American Public Education from a “sell” rating to a “hold” rating in a research note on Friday, March 22nd. BMO Capital Markets increased their target price on American Public Education to $33.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 13th. TheStreet raised American Public Education from a “c+” rating to a “b-” rating in a research note on Monday, March 11th. Finally, ValuEngine downgraded American Public Education from a “buy” rating to a “hold” rating in a report on Tuesday, March 5th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $39.75.

Several large investors have recently made changes to their positions in APEI. PNC Financial Services Group Inc. lifted its holdings in American Public Education by 388.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock valued at $51,000 after acquiring an additional 1,417 shares during the period. LS Investment Advisors LLC lifted its holdings in American Public Education by 459.2% in the fourth quarter. LS Investment Advisors LLC now owns 2,578 shares of the company’s stock valued at $73,000 after acquiring an additional 2,117 shares during the period. Municipal Employees Retirement System of Michigan bought a new position in American Public Education in the fourth quarter valued at about $135,000. Metropolitan Life Insurance Co. NY lifted its holdings in American Public Education by 374.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,562 shares of the company’s stock valued at $158,000 after acquiring an additional 4,390 shares during the period. Finally, Oregon Public Employees Retirement Fund bought a new position in American Public Education in the fourth quarter valued at about $178,000. 93.18% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ APEI traded down $0.63 during trading on Thursday, reaching $32.84. The company had a trading volume of 45,758 shares, compared to its average volume of 78,455. American Public Education has a 12-month low of $26.37 and a 12-month high of $46.15. The stock has a market cap of $537.72 million, a P/E ratio of 20.27, a P/E/G ratio of 1.34 and a beta of 0.70.

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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Earnings History and Estimates for American Public Education (NASDAQ:APEI)

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