Barrington Keeps Their Buy Rating on American Public Education (APEI)

In a report released today, Alexander Paris from Barrington reiterated a Buy rating on American Public Education (APEIResearch Report), with a price target of $15.00. The company’s shares opened today at $8.26.

Paris covers the Services sector, focusing on stocks such as American Public Education, Perdoceo Education, and Carriage Services. According to TipRanks, Paris has an average return of 14.2% and a 52.01% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Public Education with a $15.50 average price target.

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Based on American Public Education’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $149.61 million and a GAAP net loss of $110.03 million. In comparison, last year the company earned a revenue of $78.01 million and had a net profit of $531 thousand

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American Public Education, Inc. engages in the provision of online and on-campus postsecondary education. It operates through the American Public Education and Hondros College of Nursing segments. The American Public Education segment reflects the operational activities of the company’s subsidiary American Public University System, Inc., other corporate activities, and minority investments. The Hondros College of Nursing segment concerns health science and technology focused programs. The company was founded by James P. Etter in 1991 and is headquartered in Charles Town, WV.

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