American Public Education (NASDAQ:APEI) Updates Q4 2024 Earnings Guidance

American Public Education (NASDAQ:APEI) updated its fourth quarter 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.470-0.560 for the period, compared to the consensus estimate of 0.590. The company issued revenue guidance of $159.0 million-$164.0 million, compared to the consensus revenue estimate of $161.5 million. American Public Education also updated its FY 2024 guidance to EPS.

American Public Education Stock Down 2.5 %

American Public Education stock opened at $17.32 on Wednesday. The company has a market cap of $306.56 million, a P/E ratio of 69.28, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. American Public Education has a 1-year low of $5.39 and a 1-year high of $21.04. The company has a fifty day simple moving average of $14.93 and a 200 day simple moving average of $16.20. The company has a current ratio of 2.83, a quick ratio of 2.83 and a debt-to-equity ratio of 0.37.

Wall Street Analyst Weigh In

APEI has been the subject of several analyst reports. B. Riley lifted their price objective on shares of American Public Education from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Barrington Research reaffirmed an “outperform” rating and set a $18.00 price target on shares of American Public Education in a report on Tuesday, October 29th. Truist Financial cut their target price on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating on the stock in a research report on Tuesday, August 13th. Finally, StockNews.com downgraded shares of American Public Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 7th.

Insider Transactions at American Public Education

In related news, Director Michael David Braner bought 59,179 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were bought at an average price of $14.05 per share, for a total transaction of $831,464.95. Following the transaction, the director now directly owns 1,788,688 shares of the company’s stock, valued at approximately $25,131,066.40. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have bought 117,983 shares of company stock worth $1,747,393. Company insiders own 11.38% 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.