American Public Education (NASDAQ:APEI) issued an update on its third quarter 2019 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $-0.02-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.32. The company issued revenue guidance of $64.96288-67.88256 million, compared to the consensus revenue estimate of $71.08 million.American Public Education also updated its Q3 guidance to -$0.02 to $0.03 EPS.
APEI stock traded down $0.16 during midday trading on Friday, hitting $26.00. 7,786 shares of the company traded hands, compared to its average volume of 78,816. American Public Education has a twelve month low of $24.44 and a twelve month high of $40.18. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.03. The firm’s 50 day simple moving average is $30.61. The company has a market cap of $557.79 million, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.58 and a beta of 0.84.
American Public Education (NASDAQ:APEI) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.30 EPS for the quarter, meeting the consensus estimate of $0.30. American Public Education had a return on equity of 7.80% and a net margin of 6.98%. The company had revenue of $70.56 million for the quarter, compared to the consensus estimate of $70.16 million. During the same quarter last year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. Research analysts anticipate that American Public Education will post 1.42 earnings per share for the current fiscal year.
Several equities analysts have commented on APEI shares. TheStreet downgraded American Public Education from a b- rating to a c rating in a report on Thursday, May 16th. Barrington Research downgraded American Public Education from an outperform rating to a market perform rating in a report on Thursday. Zacks Investment Research downgraded shares of American Public Education from a hold rating to a strong sell rating in a research note on Wednesday, May 15th. ValuEngine downgraded shares of American Public Education from a buy rating to a hold rating in a research note on Thursday. Finally, BidaskClub upgraded shares of American Public Education from a hold rating to a buy rating in a research note on Thursday, August 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. American Public Education presently has an average rating of Hold and a consensus price target of $38.00.
About American Public Education
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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