B. Riley Increases American Public Education (NASDAQ:APEI) Price Target to $16.00

American Public Education (NASDAQ:APEI - Free Report) had its price target lifted by B. Riley from $15.00 to $16.00 in a research note released on Tuesday, Benzinga reports. They currently have a buy rating on the stock.

Several other brokerages have also weighed in on APEI. Barrington Research lifted their price target on American Public Education from $15.00 to $17.00 and gave the company an outperform rating in a research note on Friday, March 22nd. Truist Financial lifted their price target on American Public Education from $6.00 to $15.00 and gave the company a hold rating in a research note on Wednesday, March 6th.

American Public Education Stock Performance

APEI traded up $0.04 on Tuesday, reaching $13.83. 111,847 shares of the stock were exchanged, compared to its average volume of 158,981. The company's 50-day moving average price is $12.85 and its 200 day moving average price is $9.97. American Public Education has a fifty-two week low of $3.76 and a fifty-two week high of $16.39. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market capitalization of $242.85 million, a PE ratio of -4.70, a PEG ratio of 1.53 and a beta of 1.29.

American Public Education (NASDAQ:APEI - Get Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.50. The business had revenue of $152.80 million during the quarter, compared to analysts' expectations of $150.54 million. American Public Education had a positive return on equity of 3.26% and a negative net margin of 7.87%. As a group, sell-side analysts forecast that American Public Education will post 0.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Cannon Global Investment Management LLC acquired a new position in American Public Education in the first quarter valued at approximately $145,000. Mackenzie Financial Corp acquired a new position in American Public Education during the third quarter worth $54,000. Jump Financial LLC acquired a new position in American Public Education during the fourth quarter worth $137,000. AWM Investment Company Inc. lifted its stake in American Public Education by 13.4% during the third quarter. AWM Investment Company Inc. now owns 169,370 shares of the company's stock worth $843,000 after purchasing an additional 20,000 shares in the last quarter. Finally, Heron Bay Capital Management acquired a new position in American Public Education during the fourth quarter worth $252,000. 79.62% of the stock is currently owned by institutional investors and hedge funds.

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.