American Public Education (NASDAQ:APEI) Reaches New 12-Month High – What’s Next?

American Public Education, Inc. (NASDAQ:APEI) hit a new 52-week high on Tuesday . The stock traded as high as $46.06 and last traded at $43.4180, with a volume of 10166 shares changing hands. The stock had previously closed at $44.59.

Analyst Ratings Changes

Several brokerages recently commented on APEI. B. Riley Financial increased their price target on American Public Education from $40.00 to $53.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Truist Financial lifted their price target on American Public Education from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, November 21st. Lake Street Capital reaffirmed a “buy” rating and set a $47.00 target price on shares of American Public Education in a report on Friday, January 30th. Zacks Research upgraded American Public Education from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Griffin Securities set a $53.00 price target on American Public Education in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.43.

American Public Education Stock Down 1.6%

The stock’s 50-day moving average price is $40.14 and its 200-day moving average price is $36.15. The stock has a market cap of $793.08 million, a price-to-earnings ratio of 33.23, a P/E/G ratio of 1.33 and a beta of 1.71. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.34.

Institutional Investors Weigh In On American Public Education

A number of hedge funds have recently modified their holdings of the stock. No Street GP LP purchased a new position in shares of American Public Education during the 3rd quarter worth approximately $32,365,000. Divisadero Street Capital Management LP purchased a new stake in American Public Education in the third quarter worth $15,108,000. Acadian Asset Management LLC raised its holdings in American Public Education by 124.8% in the second quarter. Acadian Asset Management LLC now owns 668,130 shares of the company’s stock worth $20,342,000 after purchasing an additional 370,894 shares in the last quarter. CSM Advisors LLC purchased a new position in American Public Education during the second quarter valued at $6,723,000. Finally, Assenagon Asset Management S.A. grew its position in shares of American Public Education by 1,667.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 180,835 shares of the company’s stock worth $6,836,000 after buying an additional 170,604 shares during the period. Institutional investors own 79.62% of the company’s stock.

About American Public Education

American Public Education, Inc operates as a provider of online postsecondary education, offering degree and certificate programs through its wholly owned subsidiary, American Public University System (APUS). The company designs and delivers a broad range of undergraduate and graduate programs in fields such as business administration, information technology, criminal justice, homeland security, health sciences, and education. Its curriculum is developed to meet the needs of working adults, military personnel, veterans and civilian students seeking flexible, career-relevant learning opportunities.

APUS is regionally accredited by the Middle States Commission on Higher Education and employs a proprietary online learning platform that supports asynchronous instruction, digital course materials and interactive learning tools.