Equity Analysts Provide Predictions for First Quarter 2023 Earnings for American Public Education, Inc. (NASDAQ:APEI) – IMS | Team Cansler

American Public Education, Inc. (NASDAQ:APEI – Get Rating) – Equities researchers at Zacks Research released their estimates for earnings per share (EPS) for the first quarter of 2023 for American Public Education in a news release on Tuesday, November 22, research note issued to investors. Zacks Research analyst A. Gupta now forecasts the company to earn $0.07 per share for the quarter, up from its previous guidance of $0.05. The consensus estimate for American Public Education’s most recent full year earnings is ($0.24) per share. Zacks Research also released estimates for American Public Education’s second-quarter 2023 earnings of $0.08 per share and fiscal 2023 of $0.32 per share.

Several other analysts also recently commented on APEI. Barrington Research reiterated a buy rating and a price target of $15.00 on American Public Education shares in a report on Friday, September 23. Truist Financial lowered its price target on American Public Education to $16.00 from $21.00 and gave the stock a “buy” rating in a report dated Thursday, August 11. StockNews.com began Wednesday, October 12th with a report on America’s public education system. They gave the stock a “hold” rating. Finally, in a report Wednesday, August 10, TheStreet downgraded America’s public education system from a “c” rating to a “d” rating.

US public education shares up 0.9%

Shares of APEI stock opened at $12.89 on Thursday. The company’s 50-day simple moving average is $11.14 and its 200-day simple moving average is $12.83. American Public Education has a yearly low of $7.82 and a yearly high of $24.73. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.47.

Hedge funds weigh on American public education

A number of institutional investors and hedge funds have recently changed their holdings of APEI. Comerica Bank added 5.1% to its stake in American Public Education during the first quarter. Comerica Bank now owns 16,263 shares of the company’s stock, valued at $356,000, after purchasing an additional 795 shares last quarter. Royce & Associates LP increased its position in American Public Education by 2.6% during the first quarter. Royce & Associates LP now owns 762,245 shares of the company’s stock valued at $16,190,000 after purchasing an additional 19,306 shares during the period. The Swiss National Bank increased its position in American Public Education shares by 7.5% in the first quarter. The Swiss National Bank now owns 44,300 shares of the company, valued at $941,000, after purchasing a further 3,100 shares during the period. Boston Partners increased its position in American Public Education stock by 57.1% in the first quarter. Boston Partners now owns 14,890 shares of the company, valued at $316,000, having purchased an additional 5,410 shares during this period. Finally, Systematic Financial Management LP increased its position in shares of American Public Education by 11.1% during the first quarter. Systematic Financial Management LP now owns 1,094,679 shares of the Company’s stock valued at $23,251,000 after purchasing an additional 109,360 shares during the period. 96.69% of the shares are currently owned by institutional investors.

American public education company profile

(received rating)

American Public Education, Inc, along with its subsidiaries, provides online and campus-based post-secondary education. The Company operates through three segments: American Public University System, Rasmussen University and Hondros College of Nursing. It offers 130 majors and 111 certificate programs in diverse fields of study, including business administration, health sciences, technology, criminal justice, education and humanities, as well as national security, military studies, intelligence and homeland security.

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US Public Education Earnings History and Estimates (NASDAQ:APEI)

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