NASDAQ:ASPU

Aspen Group - ASPU Stock Forecast, Price & News

$0.41

-0.03 (-6.82%)

(As of 10/6/2022 02:21 PM ET)

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Today's Range: $0.41
▼
$0.43
50-Day Range: $0.33
▼
$1.11
52-Week Range: $0.33
▼
$5.96

Volume: 710 shs
Average Volume: 159,100 shs
Market Capitalization: $10.34 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Aspen Group MarketRank™ Forecast

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 596.5% Upside
$3.00 Price Target
Short Interest: Healthy
2.20% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.05
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$25,985 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Computer And Technology Sector

457th out of 631 stocks

Educational Services Industry

19th out of 23 stocks

3.1

Analyst's Opinion

Consensus Rating
Aspen Group has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, Aspen Group has a forecasted upside of 596.5% from its current price of $0.43.
Amount of Analyst Coverage
Aspen Group has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.20% of the float of Aspen Group has been sold short.
Short Interest Ratio / Days to Cover
Aspen Group has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in Aspen Group has recently decreased by 4.02%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Aspen Group does not currently pay a dividend.
Dividend Growth
Aspen Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASPU.

2.3

News and Social Media Coverage

News Sentiment
Aspen Group has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Aspen Group this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for ASPU on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Aspen Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aspen Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $25,985.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.80% of the stock of Aspen Group is held by insiders.
Percentage Held by Institutions
Only 27.48% of the stock of Aspen Group is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Aspen Group is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aspen Group is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Aspen Group has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Aspen Group (NASDAQ:ASPU) Stock

Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields through Aspen University and United States University. As of April 30, 2022, it had 13,334 degree-seeking students enrolled. Aspen Group, Inc. was founded in 1987 and is based in New York, New York.

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ASPU Stock News Headlines

October 4, 2022 | finance.yahoo.com

Aspen Group Inc. (ASPU) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

September 29, 2022 | reuters.com

Aspen Group Inc

September 28, 2022 | americanbankingnews.com

Aspen Group, Inc. (NASDAQ:ASPU) Director Douglas Kass Purchases 50,000 Shares

September 14, 2022 | finanznachrichten.de

Aspen Group Inc.: Aspen Group Reports Revenue of $18.9 million for First Quarter Fiscal 2023

September 13, 2022 | finance.yahoo.com

Aspen Group Reports Revenue of $18.9 million for First Quarter Fiscal 2023

August 30, 2022 | finance.yahoo.com

Aspen Group, Inc. to Report Financial Results for the First Quarter Fiscal Year 2023 on September 13, 2022

July 19, 2022 | finance.yahoo.com

Aspen Group Inc. (ASPU) Reports Q4 Loss, Misses Revenue Estimates

July 19, 2022 | finance.yahoo.com

Aspen Group Reports 13% Increase in Revenue to $76.7 million for Fiscal Year 2022

July 18, 2022 | msn.com

Earnings Preview For Aspen Group

July 13, 2022 | finance.yahoo.com

Aspen Group, Inc. to Report Financial Results for the Fourth Quarter and Fiscal Year 2022 on July 19, 2022

June 15, 2022 | finance.yahoo.com

Insiders might want to re-evaluate their US$654k stock purchase as Aspen Group, Inc. (NASDAQ:ASPU) drops to US$24m

April 19, 2022 | finance.yahoo.com

Aspen Group, Inc. to Participate in the B. Riley 22nd Annual Institutional Investor Conference on May 25, 2022

March 15, 2022 | finance.yahoo.com

Aspen Group Reports 14% Revenue Growth for Third Quarter Fiscal 2022

March 15, 2022 | finance.yahoo.com

Aspen Group, Inc. Announces Closing of Convertible Notes and Revolving Credit Facility

March 14, 2022 | benzinga.com

Aspen Group Earnings Preview

March 10, 2022 | finance.yahoo.com

Blink Charging (BLNK) Reports Q4 Loss, Tops Revenue Estimates

March 8, 2022 | finance.yahoo.com

Should You Now Consider Liquidating Your Aspen Group, Inc. (ASPU) Stake?

February 28, 2022 | finance.yahoo.com

Aspen Group, Inc. to Report Financial Results for the Third Quarter Fiscal Year 2022 on March 15, 2022

February 24, 2022 | finance.yahoo.com

Zscaler (ZS) Surpasses Q2 Earnings and Revenue Estimates

February 12, 2022 | seekingalpha.com

HZN, ASPU and MULN are among consumer movers

February 12, 2022 | benzinga.com

Canaccord Genuity Downgrades Aspen Group to Hold, Lowers Price Target to $2

February 2, 2022 | finance.yahoo.com

Is Aspen Group, Inc. (NASDAQ:ASPU) Trading At A 43% Discount?

January 25, 2022 | nasdaq.com

Aspen Group Inc. Common Stock (ASPU)

January 20, 2022 | finance.yahoo.com

Aspen University Receives Approval to Open BSN Pre-Licensure Program in Atlanta, Georgia

January 10, 2022 | nasdaq.com

Aspen Group, Inc. (NASDAQ:ASPU) Shares Could Be 37% Below Their Intrinsic Value Estimate

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ASPU Company Calendar

Last Earnings: 7/19/2022
Today: 10/06/2022
Next Earnings (Estimated): 12/13/2022
Fiscal Year End: 4/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Educational services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ASPU
CUSIP: N/A
CIK: 1487198
Web: www.aspen.edu
Phone: (480) 407-7365
Fax: 303-336-1144
Employees: 575
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.00
High Stock Price Forecast: $6.00
Low Stock Price Forecast: $1.00
Forecasted Upside/Downside: +631.7%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.49)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-9,590,000.00
Net Margins: -16.32%
Pretax Margin: -15.92%
Return on Equity: -26.84%
Return on Assets: -13.20%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 2.00
Quick Ratio: 2.00

Sales & Book Value

Annual Sales: $76.69 million
Price / Sales: 0.13
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.69 per share
Price / Book: 0.24

Miscellaneous

Outstanding Shares: 25,220,000
Free Float: 23,250,000
Market Cap: $10.34 million
Optionable: Not Optionable
Beta: 1.41

Key Executives

Mr. Michael D. Mathews (Age 60)
Chairman & CEO
Comp: $455.24k

Mr. Matthew LaVay (Age 53)
Chief Financial Officer
Comp: $365.05k

Mr. Gerard Wendolowski (Age 37)
Chief Operating Officer
Comp: $309k

Dr. Cheri St. Arnauld (Age 65)
Pres & Chief Academic Officer of Aspen University
Comp: $309k

Mr. Robert Alessi (Age 51)
Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASPU Stock - Frequently Asked Questions

Should I buy or sell Aspen Group stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Aspen Group in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASPU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASPU, but not buy additional shares or sell existing shares.
View ASPU analyst ratings or view top-rated stocks.
What is Aspen Group's stock price forecast for 2022?: 7 Wall Street analysts have issued 1-year price objectives for Aspen Group's stock. Their ASPU share price forecasts range from $1.00 to $6.00. On average, they anticipate the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 581.8% from the stock's current price.
View analysts price targets for ASPU or view top-rated stocks among Wall Street analysts.
How have ASPU shares performed in 2022?: Aspen Group's stock was trading at $2.36 on January 1st, 2022. Since then, ASPU shares have decreased by 81.4% and is now trading at $0.44.
View the best growth stocks for 2022 here.
When is Aspen Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 13th 2022.
View our ASPU earnings forecast.
How were Aspen Group's earnings last quarter?: Aspen Group, Inc. (NASDAQ:ASPU) released its quarterly earnings data on Tuesday, July, 19th. The technology company reported ($0.07) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.02. The technology company had revenue of $19.38 million for the quarter, compared to analyst estimates of $19.40 million. Aspen Group had a negative net margin of 16.32% and a negative trailing twelve-month return on equity of 26.84%.

What other stocks do shareholders of Aspen Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aspen Group investors own include Allena Pharmaceuticals (ALNA), DexCom (DXCM), Lululemon Athletica (LULU), Matinas BioPharma (MTNB), OPKO Health (OPK), Verizon Communications (VZ), Slack Technologies (WORK), Adobe (ADBE), Digital Turbine (APPS) and Alibaba Group (BABA).
What is Aspen Group's stock symbol?: Aspen Group trades on the NASDAQ under the ticker symbol "ASPU."
How do I buy shares of Aspen Group?: Shares of ASPU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Aspen Group's stock price today?: One share of ASPU stock can currently be purchased for approximately $0.44.
How much money does Aspen Group make?: Aspen Group (NASDAQ:ASPU) has a market capitalization of $11.10 million and generates $76.69 million in revenue each year. The technology company earns $-9,590,000.00 in net income (profit) each year or ($0.49) on an earnings per share basis.
How many employees does Aspen Group have?: The company employs 575 workers across the globe.
How can I contact Aspen Group?: Aspen Group's mailing address is 276 FIFTH AVENUE SUITE 505, NEW YORK NY, 10001. The official website for the company is www.aspen.edu. The technology company can be reached via phone at (480) 407-7365, via email at ircontact@aspen.edu, or via fax at 303-336-1144.

This page (NASDAQ:ASPU) was last updated on 10/6/2022 by MarketBeat.com Staff

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Aspen Group - ASPU Stock Forecast, Price & News

Aspen Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows