American Public Education (NASDAQ:APEI) Issues Quarterly Earnings Results, Beats Expectations By $0.26 EPS

American Public Education (NASDAQ:APEI) released its quarterly earnings results on Monday. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.15 by $0.26, Zacks reports. American Public Education had a net margin of 2.64% and a return on equity of 6.96%.

American Public Education Price Performance

APEI traded down $1.45 during trading hours on Monday, hitting $26.04. The company’s stock had a trading volume of 248,991 shares, compared to its average volume of 170,926. The stock has a market cap of $469.66 million, a price-to-earnings ratio of 46.50, a P/E/G ratio of 1.05 and a beta of 1.56. American Public Education has a 12 month low of $11.80 and a 12 month high of $28.97. 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 business’s 50-day moving average price is $23.23 and its 200-day moving average price is $21.43.

Wall Street Analyst Weigh In

APEI has been the topic of a number of analyst reports. William Blair upgraded American Public Education from a “market perform” rating to an “outperform” rating in a research report on Friday, March 7th. Lake Street Capital initiated coverage on American Public Education in a research report on Friday, April 25th. They set a “buy” rating and a $30.00 price target on the stock. Truist Financial upped their price target on shares of American Public Education from $20.00 to $24.00 and gave the stock a “hold” rating in a report on Monday, March 10th. StockNews.com raised shares of American Public Education from a “buy” rating to a “strong-buy” rating in a report on Friday, March 7th. Finally, Barrington Research reiterated an “outperform” rating and set a $24.00 price target on shares of American Public Education in a research report on Wednesday, April 30th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, American Public Education presently has a consensus rating of “Buy” and a consensus price target of $26.50.

Insider Buying and Selling at American Public Education

In other news, SVP Thomas Beckett sold 3,700 shares of American Public Education stock in a transaction on Monday, March 10th. The stock was sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the sale, the senior vice president now directly owns 60,253 shares in the company, valued at approximately $1,329,783.71. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 17.54% 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.