What is Zacks Research’s Forecast for APEI FY2024 Earnings?

American Public Education, Inc. (NASDAQ:APEI) – Investment analysts at Zacks Research lowered their FY2024 earnings estimates for shares of American Public Education in a research note issued on Tuesday, November 26th. Zacks Research analyst A. Gupta now anticipates that the company will post earnings of $0.47 per share for the year, down from their prior estimate of $0.50. The consensus estimate for American Public Education’s current full-year earnings is $0.48 per share. Zacks Research also issued estimates for American Public Education’s Q4 2024 earnings at $0.55 EPS, Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.60 EPS, FY2025 earnings at $1.24 EPS, Q1 2026 earnings at $0.29 EPS, Q2 2026 earnings at $0.23 EPS, Q3 2026 earnings at $0.31 EPS and FY2026 earnings at $1.49 EPS.

APEI has been the subject of a number of other reports. Truist Financial lifted their price objective on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, November 14th. 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 report on Thursday, November 7th. StockNews.com downgraded shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. Finally, Barrington Research boosted their price target on shares of American Public Education from $18.00 to $24.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th.

American Public Education Stock Performance

NASDAQ APEI opened at $20.55 on Wednesday. American Public Education has a 52-week low of $6.71 and a 52-week high of $21.04. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.65 and a current ratio of 2.65. The company has a market capitalization of $363.94 million, a P/E ratio of 36.79, a P/E/G ratio of 2.83 and a beta of 1.24. The company has a fifty day moving average of $15.79 and a 200-day moving average of $16.47.

Hedge Funds Weigh In On American Public Education

A number of hedge funds have recently modified their holdings of the company. Assenagon Asset Management S.A. increased its position in shares of American Public Education by 329.5% during the second quarter. Assenagon Asset Management S.A. now owns 425,064 shares of the company’s stock valued at $7,473,000 after buying an additional 326,091 shares during the period. Jacobs Levy Equity Management Inc. purchased a new position in shares of American Public Education during the first quarter valued at about $2,159,000. Renaissance Technologies LLC increased its position in shares of American Public Education by 14.5% during the second quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after buying an additional 127,000 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of American Public Education during the third quarter valued at about $1,691,000. Finally, American Century Companies Inc. increased its position in shares of American Public Education by 43.6% during the second quarter. American Century Companies Inc. now owns 351,644 shares of the company’s stock valued at $6,182,000 after buying an additional 106,689 shares during the period. Hedge funds and other institutional investors own 79.62% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael David Braner acquired 17,872 shares of the firm’s stock in a transaction on Friday, August 30th. The shares were purchased at an average price of $16.77 per share, for a total transaction of $299,713.44. Following the completion of the transaction, the director now owns 1,922,610 shares of the company’s stock, valued at $32,242,169.70. The trade was a 0.94 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.38% of the stock is currently owned by insiders.

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.