American Public Education (NASDAQ:APEI) Price Target Cut to $15.00

American Public Education (NASDAQ:APEI – Get Rating) had its price target reduced by equities researchers at Barrington Research from $20.00 to $15.00 in a report released on Thursday, MarketBeat reports. The firm currently has an “outperform” rating on the stock. Barrington Research’s target price would indicate a potential upside of 15.38% from the company’s current price.

A number of other research firms have also issued reports on APEI. StockNews.com upgraded shares of American Public Education from a “hold” rating to a “buy” rating in a research note on Monday, May 23rd. Truist Financial dropped their price objective on shares of American Public Education from $26.00 to $21.00 in a research note on Thursday, May 12th.

American Public Education Price Performance

APEI opened at $13.00 on Thursday. American Public Education has a 1 year low of $12.07 and a 1 year high of $28.16. The company’s 50 day simple moving average is $15.07 and its 200 day simple moving average is $17.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.40 and a current ratio of 2.43. The stock has a market capitalization of $245.13 million, a PE ratio of -2.57, a P/E/G ratio of 1.26 and a beta of 0.47.

American Public Education (NASDAQ:APEI – Get Rating) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $0.06 by $1.78. American Public Education had a negative net margin of 17.17% and a positive return on equity of 2.66%. During the same period last year, the business earned $0.03 EPS. As a group, sell-side analysts expect that American Public Education will post 0.66 EPS for the current year.

Hedge Funds Weigh In On American Public Education

Hedge funds and other institutional investors have recently modified their holdings of the company. Rhumbline Advisers lifted its holdings in American Public Education by 5.5% in the second quarter. Rhumbline Advisers now owns 55,561 shares of the company’s stock worth $898,000 after purchasing an additional 2,919 shares during the period. Trexquant Investment LP acquired a new stake in American Public Education in the second quarter worth about $365,000. JPMorgan Chase & Co. lifted its holdings in American Public Education by 2.6% in the second quarter. JPMorgan Chase & Co. now owns 38,007 shares of the company’s stock worth $614,000 after purchasing an additional 951 shares during the period. Lazard Asset Management LLC lifted its holdings in American Public Education by 96.3% in the second quarter. Lazard Asset Management LLC now owns 10,015 shares of the company’s stock worth $161,000 after purchasing an additional 4,912 shares during the period. Finally, Foundry Partners LLC lifted its holdings in American Public Education by 36.9% in the second quarter. Foundry Partners LLC now owns 136,794 shares of the company’s stock worth $2,211,000 after purchasing an additional 36,900 shares during the period. Institutional investors and hedge funds own 96.55% of the company’s stock.

American Public Education Company Profile

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American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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