Truist Financial Issues Positive Forecast for American Public Education (NASDAQ:APEI) Stock Price

American Public Education (NASDAQ:APEI) had its price objective hoisted by Truist Financial from $20.00 to $24.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s target price would suggest a potential upside of 8.37% from the stock’s current price.

A number of other equities research analysts also recently weighed in on APEI. William Blair raised shares of American Public Education from a “market perform” rating to an “outperform” rating in a research note on Friday. Barrington Research reiterated an “outperform” rating and issued a $24.00 price objective on shares of American Public Education in a research report on Friday. Finally, StockNews.com upgraded shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, American Public Education currently has an average rating of “Buy” and an average target price of $24.33.

American Public Education Price Performance

Shares of American Public Education stock traded down $1.35 during trading on Monday, reaching $22.15. The company’s stock had a trading volume of 35,463 shares, compared to its average volume of 90,610. American Public Education has a one year low of $11.43 and a one year high of $25.60. The stock has a 50-day moving average price of $21.37 and a two-hundred day moving average price of $18.65. The company has a current ratio of 2.65, a quick ratio of 2.65 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $392.25 million, a P/E ratio of 39.59, a price-to-earnings-growth ratio of 1.05 and a beta of 1.30.

Institutional Investors Weigh In On American Public Education

Large investors have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. grew its position in shares of American Public Education by 2.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 35,291 shares of the company’s stock valued at $761,000 after purchasing an additional 943 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of American Public Education by 10.0% in the 4th quarter. Principal Financial Group Inc. now owns 12,321 shares of the company’s stock valued at $266,000 after buying an additional 1,120 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in American Public Education by 16.2% during the 4th quarter. JPMorgan Chase & Co. now owns 8,155 shares of the company’s stock worth $176,000 after purchasing an additional 1,134 shares during the last quarter. New York State Teachers Retirement System acquired a new position in American Public Education in the fourth quarter valued at $31,000. Finally, Orion Portfolio Solutions LLC boosted its position in shares of American Public Education by 3.0% during the 3rd 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 in the last quarter. Institutional investors own 79.62% of the company’s stock.

American Public Education Company Profile

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.