Financial PerformanceAmerican Public Education's second-quarter results topped expectations, with revenues increasing 6.5% to $162.8 million, and adjusted EBITDA rising 38.2% to $15.1 million, surpassing estimates.
Investment RatingAnalysts have reiterated the OUTPERFORM investment rating for American Public Education and raised the 12-month price target to $36, representing approximately 21% upside from current levels.
Market ValuationShares of American Public Education are trading at a significant discount compared to its for-profit postsecondary peer group, with potential for continued enrollment growth and margin expansion.