B. Riley Equities Analysts Raise Earnings Estimates for APEI

American Public Education, Inc. (NASDAQ:APEI) – Investment analysts at B. Riley lifted their FY2024 earnings per share estimates for American Public Education in a research note issued on Wednesday, November 13th. B. Riley analyst R. Sharma now expects that the company will earn $0.51 per share for the year, up from their prior estimate of $0.48. B. Riley has a “Buy” rating and a $25.00 price objective on the stock. The consensus estimate for American Public Education’s current full-year earnings is $0.47 per share. B. Riley also issued estimates for American Public Education’s Q4 2024 earnings at $0.58 EPS and FY2025 earnings at $1.67 EPS.

APEI has been the subject of a number of other research reports. StockNews.com lowered American Public Education from a “buy” rating to a “hold” rating in a research report on Thursday. Truist Financial raised their price target on American Public Education from $15.00 to $20.00 and gave the company a “hold” rating in a report on Thursday. Finally, Barrington Research lifted their price target on American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday.

American Public Education Trading Down 0.7 %

Shares of NASDAQ APEI opened at $18.32 on Friday. The stock has a market cap of $324.30 million, a P/E ratio of 32.71, a price-to-earnings-growth ratio of 2.83 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. 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 moving average of $15.15 and a 200 day moving average of $16.27.

Institutional Trading of American Public Education

Large investors have recently modified their holdings of the company. Innealta Capital LLC bought a new position in American Public Education in the second quarter worth approximately $34,000. Quarry LP lifted its position in American Public Education by 94.0% during the second quarter. Quarry LP now owns 4,666 shares of the company’s stock valued at $82,000 after purchasing an additional 2,261 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in American Public Education in the first quarter worth about $130,000. MetLife Investment Management LLC raised its stake in shares of American Public Education by 129.1% in the third quarter. MetLife Investment Management LLC now owns 9,206 shares of the company’s stock worth $136,000 after buying an additional 5,187 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new position in shares of American Public Education in the first quarter worth about $141,000. Institutional investors own 79.62% of the company’s stock.

Insider Buying and Selling

In related news, Director Michael David Braner bought 59,179 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were bought at an average price of $14.05 per share, for a total transaction of $831,464.95. Following the completion of the acquisition, the director now owns 1,788,688 shares of the company’s stock, valued at $25,131,066.40. This trade represents a 3.42 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders acquired 117,983 shares of company stock worth $1,747,393. 11.38% of the stock is owned by corporate 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.