American Public Education (APEI) Set to Announce Quarterly Earnings on Monday

American Public Education (NASDAQ:APEI) is set to issue its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. American Public Education has set its FY 2024 guidance at EPS and its Q3 2024 guidance at -0.060-0.050 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

American Public Education (NASDAQ:APEI) last released its earnings results on Tuesday, August 6th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. American Public Education had a return on equity of 6.88% and a net margin of 1.73%. The firm had revenue of $152.90 million for the quarter, compared to the consensus estimate of $154.06 million. On average, analysts expect American Public Education to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Public Education Stock Performance

NASDAQ APEI opened at $15.13 on Friday. The business’s 50-day moving average price is $14.85 and its 200 day moving average price is $15.97. American Public Education has a twelve month low of $4.18 and a twelve month high of $21.04. The company has a market capitalization of $267.83 million, a PE ratio of 60.52, a price-to-earnings-growth ratio of 2.13 and a beta of 1.24. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37.

Insider Transactions at American Public Education

In related news, Director Michael David Braner bought 59,179 shares of the stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average price of $14.05 per share, for a total transaction of $831,464.95. Following the completion of the purchase, the director now owns 1,788,688 shares in the company, valued at $25,131,066.40. This represents a 0.00 % increase 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 hyperlink. Insiders have bought a total of 182,287 shares of company stock worth $2,635,431 in the last three months. 11.38% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on APEI. Barrington Research restated an “outperform” rating and issued a $18.00 price objective on shares of American Public Education in a report on Tuesday, October 29th. Truist Financial cut their price objective on American Public Education from $20.00 to $15.00 and set a “hold” rating on the stock in a report on Tuesday, August 13th. Finally, StockNews.com downgraded American Public Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 7th.

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.