BidaskClub Downgrades American Public Education (NASDAQ:APEI) to Sell

American Public Education (NASDAQ:APEI) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, June 26th, BidAskClub reports.

Several other research analysts have also weighed in on APEI. Zacks Investment Research lowered HEXO from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. ValuEngine upgraded Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Tuesday, March 5th. Barrington Research restated a “buy” rating and set a $135.00 price target on shares of Affiliated Managers Group in a research note on Tuesday, April 30th. TheStreet upgraded ZTO Express (Cayman) from a “c+” rating to a “b” rating in a research note on Thursday, May 16th. Finally, BMO Capital Markets boosted their price objective on Wesdome Gold Mines from C$4.75 to C$6.00 and gave the company an “outperform” rating in a research note on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $38.00.

American Public Education stock traded up $0.48 during trading hours on Wednesday, hitting $31.75. 49,996 shares of the stock were exchanged, compared to its average volume of 81,922. American Public Education has a 12 month low of $26.37 and a 12 month high of $46.15. The stock has a 50-day moving average of $29.39. The stock has a market capitalization of $518.98 million, a PE ratio of 19.60, a P/E/G ratio of 1.44 and a beta of 0.81. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.03.

American Public Education (NASDAQ:APEI) last issued its earnings results on Tuesday, May 7th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.01. The firm had revenue of $73.44 million during the quarter, compared to the consensus estimate of $73.51 million. American Public Education had a net margin of 7.45% and a return on equity of 8.38%. The business’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 earnings per share. As a group, sell-side analysts expect that American Public Education will post 1.45 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the business. Meeder Asset Management Inc. acquired a new stake in American Public Education in the first quarter valued at approximately $41,000. Quantamental Technologies LLC acquired a new stake in shares of American Public Education in the first quarter worth approximately $49,000. PNC Financial Services Group Inc. boosted its stake in shares of American Public Education by 388.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,782 shares of the company’s stock worth $51,000 after acquiring an additional 1,417 shares during the last quarter. Marshall Wace LLP purchased a new position in American Public Education during the first quarter worth approximately $56,000. Finally, BNP Paribas Arbitrage SA lifted its position in American Public Education by 131.4% during the first quarter. BNP Paribas Arbitrage SA now owns 3,599 shares of the company’s stock worth $108,000 after buying an additional 2,044 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

American Public Education Company Profile

American Public Education, Inc, together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through two segments, American Public Education and Hondros College of Nursing. It offers 108 degree programs and 109 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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