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

American Public Education, Inc. (NASDAQ:APEI) – Zacks Research reduced their FY2024 earnings estimates for shares of American Public Education in a note issued to investors on Tuesday, November 26th. Zacks Research analyst A. Gupta now forecasts that the company will earn $0.47 per share for the year, down from their prior forecast 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.

Other equities analysts have also recently issued research reports about the stock. Truist Financial lifted their target price on shares of American Public Education from $15.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, November 14th. StockNews.com lowered shares of American Public Education from a “buy” rating to a “hold” rating in a research note on Thursday, November 14th. B. Riley raised their price target 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. Finally, Barrington Research raised 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 Price Performance

American Public Education stock 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’s 50 day moving average price is $15.79 and its two-hundred day moving average price is $16.47. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.37. The stock has a market cap 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.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Jacobs Levy Equity Management Inc. purchased a new position in shares of American Public Education during the 1st quarter valued at $2,159,000. Ritholtz Wealth Management grew its position in shares of American Public Education by 97.9% during the 2nd quarter. Ritholtz Wealth Management now owns 20,381 shares of the company’s stock valued at $358,000 after purchasing an additional 10,081 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of American Public Education during the 2nd quarter valued at $880,000. Renaissance Technologies LLC grew its position in shares of American Public Education by 14.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,004,011 shares of the company’s stock valued at $17,651,000 after purchasing an additional 127,000 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of American Public Education during the 1st quarter valued at $130,000. 79.62% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at American Public Education

In other American Public Education news, Director Michael David Braner acquired 17,872 shares of American Public Education stock in a transaction that occurred on Friday, August 30th. The stock was acquired at an average cost of $16.77 per share, for a total transaction of $299,713.44. Following the purchase, the director now owns 1,922,610 shares of the company’s stock, valued at approximately $32,242,169.70. This represents a 0.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.38% of the stock is currently owned by company insiders.

About American Public Education

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.