American Public Education (NASDAQ:APEI) Issues Q4 2024 Earnings Guidance

American Public Education (NASDAQ:APEI) updated its fourth quarter 2024 earnings guidance on Tuesday. The company provided EPS guidance of 0.470-0.560 for the period, compared to the consensus EPS estimate of 0.590. The company issued revenue guidance of $159.0 million-$164.0 million, compared to the consensus revenue estimate of $161.5 million. American Public Education also updated its FY 2024 guidance to EPS.

American Public Education Trading Down 2.5 %

APEI stock traded down $0.44 during midday trading on Tuesday, reaching $17.32. The company’s stock had a trading volume of 114,415 shares, compared to its average volume of 196,567. The firm has a market capitalization of $306.56 million, a price-to-earnings ratio of 71.04, a PEG ratio of 2.35 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.83 and a current ratio of 2.83. American Public Education has a 1 year low of $5.39 and a 1 year high of $21.04. The stock has a fifty day simple moving average of $14.90 and a two-hundred day simple moving average of $16.18.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. StockNews.com cut American Public Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 7th. Barrington Research restated an “outperform” rating and issued a $18.00 price objective on shares of American Public Education in a research report on Tuesday, October 29th. Truist Financial cut their price target on shares of American Public Education from $20.00 to $15.00 and set a “hold” rating on the stock in a research report on Tuesday, August 13th. Finally, B. Riley increased 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 report on Thursday, November 7th.

Insiders Place Their Bets

In other news, Director Michael David Braner acquired 14,393 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was acquired at an average price of $15.69 per share, with a total value of $225,826.17. Following the completion of the transaction, the director now directly owns 1,846,299 shares of the company’s stock, valued at $28,968,431.31. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders bought 182,287 shares of company stock worth $2,635,431. 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.