| Over a week ago | ||||
American Public Education… American Public Education announced it has appointed Anna Fabrega and James Kenigsberg, to its Board of Directors. In addition, APEI has named Tanya Axenson as its new Chief Human Resource Officer. Axenson has over 20 years of human resources and labor and employment law experience, most recently serving as senior vice president of HR and chief diversity officer for Baltimore-based Erickson Senior Living, which develops, operates and manages continuing care retirement communities. | ||||
| Over a month ago | ||||
Virtual Meeting to be… Virtual Meeting to be held on May 17 hosted by Barrington. | ||||
Truist analyst Tobey… Truist analyst Tobey Sommer lowered the firm's price target on American Public Education to $21 from $26 but keeps a Buy rating on the shares after its Q1 results and below-consensus guidance. Inflationary pressures are driving up internal wage expenses while reducing marketing yields, the analyst tells investors in a research note, adding that while enrollment trends are outperforming the broader for-profit sector, the company is not immune from industry expense pressures. Sommer further states that margins could be down sequentially again in Q3 as the management indicated that upwards pressure on marketing expense and wages is expected to continue into the second half of the year. | ||||
Barrington analyst… Barrington analyst Alexander Paris lowered the firm's price target on American Public Education to $20 from $25 and keeps an Outperform rating on the shares. The analyst reduced earnings expectations post the Q1 results but still sees 35% upside in the shares from current levels. | ||||
Sees Q2 revenue… Sees Q2 revenue $150M-$154M, consensus $153.48M. Sees Q2 APUS Net course registrations 80,900-83,400, down to (2%) to up 1% year over year; HCN Student enrollment 2,400, up 3%; RU Student enrollment 15,900, down (6%). | ||||
Reports Q1 revenue… Reports Q1 revenue $154.7M, consensus $157.13M. | ||||
Virtual Meeting to be… Virtual Meeting to be held on May 17 hosted by Barrington. | ||||
| Over a quarter ago | ||||
Truist analyst Tobey… Truist analyst Tobey Sommer lowered the firm's price target on American Public Education to $26 from $36 and keeps a Buy rating on the shares. The company beat on Q4 earnings but issued weaker Q1 margin guidance as expense trends around higher labor costs and the return to physical campuses seem to be "fairly sticky", the analyst tells investors in a research note. Sommer adds that it will be tough to expand margins this year as he raises his FY22 revenue view by 2% but cuts his EBITDA forecast by 15%. | ||||
Sees Q1 revenue… Sees Q1 revenue $155M-$159M, consensus $153.35M. | ||||
Reports Q4 revenue… Reports Q4 revenue $154.0M, consensus $152.1M. | ||||
