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American Public Education (APEI) Is Attractively Priced Despite Fast-paced Momentum
Zacks Investment Research· 2024-01-17 23:32
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...
Is American Public Education (APEI) Stock Undervalued Right Now?
Zacks Investment Research· 2024-01-17 00:25
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Zacks has dev ...
APEI vs. BFAM: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-01-16 01:47
Investors interested in Schools stocks are likely familiar with American Public Education (APEI) and Bright Horizons Family Solutions (BFAM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and ...
Why American Public Education (APEI) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-01-12 00:19
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...
3 Stocks to Sidestep in 2024 if Democrats Keep the White House
InvestorPlace· 2024-01-11 21:29
In a previous column, I noted that each political party has sectors of the economy that they tend to support more than the opposing party. Furthermore, when Republicans and Democrats are in office, they usually reward their supporters and often take steps to harm the opposing party’s backers. I also pointed out that the party that controls the White House can wreak havoc on the industries that it doesn’t like by enacting adverse regulations, deploying regulators to harm companies, and convincing Congress to ...
Is American Public Education (APEI) Outperforming Other Consumer Discretionary Stocks This Year?
Zacks Investment Research· 2024-01-11 00:19
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is American Public Education (APEI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.American Public Education is a member of our Consumer Discretionary group, which includes 294 different companies and currently sits at #12 in the ...
American Public (APEI) Up 117% in 3 Months on Solid Enrollment
Zacks Investment Research· 2024-01-09 04:02
APEI股价表现 - APEI过去三个月股价飙升117.4%[1] APEI盈利表现 - APEI的盈利超过了Zacks Consensus Estimates,在过去三个季度平均超出23.2%[2] - APEI的2024年盈利预期已从过去60天的每股亏损16美分上调至每股54美分,显示分析师对公司前景的乐观态度[3]
American Public Education(APEI) - 2023 Q3 - Earnings Call Transcript
2023-11-08 10:24
财务数据和关键指标变化 - 第三季度总收入为1.508亿美元,同比增长1% [35] - 剔除5.2百万美元的非现金投资损失后,净收益为40万美元,调整后每股收益为0.02美元 [36] - 第三季度调整后EBITDA为1.81亿美元,同比增长90%,EBITDA利润率为12% [37] 各条业务线数据和关键指标变化 - APUS收入同比增长11.2%,EBITDA同比增长65%,EBITDA利润率超过30% [38][39] - Rasmussen收入同比下降15.4%,EBITDA亏损5.3百万美元,但亏损较上一季度有所收窄 [41][43] - Hondros收入同比增长20.4%,EBITDA亏损300万美元,但亏损幅度较上年同期有所收窄 [45] - 研究生院收入同比增长10%,EBITDA为160万美元 [46] 各个市场数据和关键指标变化 - APUS军人和退伍军人注册人数分别增长12%和5% [24] - Hondros第四季度学生总人数创历史新高,达到3100人 [52] 公司战略和发展方向及行业竞争 - 公司正在努力提高Rasmussen的NCLEX通过率,并通过多元化课程组合来实现整体学生人数的增长 [21][22][23] - 公司正在优化Rasmussen和Hondros的成本结构,预计可以减少1550万美元的年度成本 [30][37] - 公司正在加强APUS在军人和退伍军人市场的地位,并计划在2024年下半年实现Rasmussen的整体学生人数增长 [23][24] 管理层对经营环境和未来前景的评论 - 管理层对APUS、Rasmussen Online、Hondros和研究生院的未来增长前景持乐观态度 [13][23][24][26][29] - 管理层认为Rasmussen的亏损情况将随着学生人数的恢复而得到改善 [23][54] - 管理层表示将继续优化Rasmussen和Hondros的成本结构,以提高整体盈利能力 [30][37][61] 问答环节重要的提问和回答 问题1 **Jasper Bibb 提问** 询问Rasmussen新领导团队的计划以及未来两年内将该业务恢复盈利增长的时间表 [58] **Angela Selden 回答** 新领导团队正专注于增加非ADN专业和在线项目的学生人数,提高NCLEX通过率,优化成本结构,改善在线项目的学生保留率等关键领域 [59][61] 问题2 **Jasper Bibb 提问** 询问APUS在90/10规则合规方面的具体措施 [62] **Rick Sunderland 回答** 公司正专注于增加现金支付学生和现金收入来源,这是最重要的措施之一 [63] 问题3 **Raj Sharma 提问** 询问Rasmussen NCLEX成绩改善情况、是否会取消自主设置的招生上限,以及何时能实现盈利 [73][75][85] **Angela Selden 回答** 公司已采取多项措施改善NCLEX成绩,包括加强教师培训、配备学生辅导员等。Bloomington校区由于NCLEX成绩未达标仍维持招生上限,但伊利诺斯州的限制将于2024年1月取消。公司预计随着学生人数恢复增长,Rasmussen将在2024年下半年实现盈利 [75][76][85][87]
American Public Education(APEI) - 2023 Q3 - Earnings Call Presentation
2023-11-08 06:16
American Public Education, Inc. Third Quarter 2023 Results ...
American Public Education(APEI) - 2023 Q3 - Quarterly Report
2023-11-07 00:00
公司裁员情况 - 在2023年4月和7月,APUS对非军事和退伍军人学生实施了学费和费用上涨[54] - 在2023年第三季度,公司进行了一次裁员,导致74名员工被解雇,57个职位被取消[55] - 在2022年11月,公司进行了一次裁员,导致98名非教职员工被解雇,78个职位被取消[56] 公司业务情况 - RU自愿暂停新生招生,目前布卢明顿ADN项目的RU总入学人数仅占RU当前总入学人数的不到2%[59] - 伊利诺伊州于2023年8月通过的立法将有望对RU伊利诺伊州ADN项目产生积极影响,可能有助于RU获得ACEN认证[59] - 2023年第三季度,公司营收为1.508亿美元,较去年同期增长0.9%,净亏损为330万美元[60] - 2023年第三季度,APUS净课程注册人数增至约92,300人,较去年同期增加6,500人,RU总入学人数下降至约13,500人[60] - 2023年第三季度,HCN总入学人数增至约2,800人,较去年同期增加约400人[60] 公司财务情况 - 公司对RU和HCN的商誉和无限期无形资产进行至少年度测试,进行定量分析时采用三种估值方法[61] - 2023年第三季度,公司对RU和HCN的商誉进行定性评估后,认为RU和HCN的公允价值大于账面价值,无需进行定量测试[63] - 2023年第二季度,公司对RU Segment进行了定量商誉减值测试,结果减值5300万美元[64] - RU Segment在2022年第二季度录得了1.314亿美元的无形资产减值损失[65] 公司业绩情况 - APUS Segment在2023年第三季度的净课程注册人数增加到92300人,同比增长7.6%[66] - RU Segment在2023年第三季度的总入学人数为13500人,同比下降10.0%[67] - 公司2023年第三季度的总收入为1.508亿美元,同比增长0.9%[68] - 公司2023年第三季度的总成本和费用为1.444亿美元,同比减少4.1%[68] 公司财务状况 - 2023年第三季度,公司总收入为4.477亿美元,较2022年同期减少1.4%[70] - 2023年前九个月,公司总收入为4.477亿美元,较2022年同期减少1.4%[70] - 2023年前九个月,公司总成本和费用为5.12亿美元,较2022年同期减少13.4%[71] - 2023年前九个月,公司教学成本和服务费用占收入的比例从47.5%增加至49.6%[71] - 2023年前九个月,公司销售和推广费用占收入的比例从25.6%降低至23.7%[71] - 2023年前九个月,公司总体管理费用占收入的比例从19.6%增加至21.6%[72] - 2023年前九个月,公司净亏损为6,030万美元,较2022年同期减少4,820万美元[73] 公司部门业绩 - APUS部门在2023年第三季度的收入增长了11.2%,达到了约7640万美元,主要归因于高净课程注册率[74] - RU部门在2023年第三季度的收入下降了15.4%,达到了约5210万美元,主要是由于总学生注册人数下降[74] - HCN部门在2023年第三季度的收入增长了20.4%,达到了约1370万美元,主要是由于总学生注册人数增加[75] 公司资金运作 - 2023年9月30日,公司的投资活动中,资本支出为95百万美元,较2022年同期的109百万美元有所下降[79] - 2023年9月30日,公司的融资活动中,用于回购普通股的资金为80百万美元,较2022年同期的66百万美元有所增加[79] - 公司在2023年9月30日没有持有任何重要的衍生金融工具或衍生商品工具[80] - 公司的现金及现金等价物主要存放在银行存款账户、货币市场基金和短期美国国债中,银行存款超过了联邦保险限额[80]