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

American Public Education (NASDAQ:APEI - Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.41 EPS for the quarter, topping analysts' consensus estimates 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 stock traded down $1.45 during trading hours on Monday, hitting $26.04. 248,991 shares of the stock traded hands, compared to its average volume of 170,926. The stock has a 50-day simple moving average of $23.23 and a 200 day simple moving average of $21.43. The company has a market cap of $469.66 million, a P/E ratio of 46.50, a P/E/G ratio of 1.05 and a beta of 1.56. American Public Education has a one year low of $11.80 and a one year 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.

Insider Buying and Selling at American Public Education

In related news, SVP Thomas Beckett sold 3,700 shares of the company's stock in a transaction on Monday, March 10th. The shares were sold at an average price of $22.07, for a total transaction of $81,659.00. Following the completion of the transaction, the senior vice president now directly owns 60,253 shares in the company, valued at $1,329,783.71. This represents a 5.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 17.54% of the company's stock.

Wall Street Analysts Forecast Growth

APEI has been the subject of a number of recent research reports. William Blair raised shares of American Public Education from a "market perform" rating to an "outperform" rating in a research report on Friday, March 7th. StockNews.com upgraded American Public Education from a "buy" rating to a "strong-buy" rating in a report on Friday, March 7th. Truist Financial increased their target price on American Public Education from $20.00 to $24.00 and gave the stock a "hold" rating in a research note on Monday, March 10th. Barrington Research reissued an "outperform" rating and set a $24.00 price objective on shares of American Public Education in a research report on Wednesday, April 30th. Finally, Lake Street Capital began coverage on shares of American Public Education in a report on Friday, April 25th. They issued a "buy" rating and a $30.00 target price for the company. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $26.50.

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.

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