American Public Education (APEI) AI Stock Analysis

• Market Cap: $693.92M
• Dividend Yield: N/A
• Average Volume (3M): 221.49K
• Price to Earnings (P/E): 29.3
• Beta (1Y): 0.81
• Revenue Growth: 6.75%
• EPS Growth: 141.11%
• Country: US
• Employees: 2,493
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Education & Training Services
• EPS (TTM): 0.39
• Shares Outstanding: 18,085,030
• 10 Day Avg. Volume: 200,028
• 30 Day Avg. Volume: 221,492
• PEG Ratio: -0.20
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 13.68
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 0.87
• Enterprise Value/Gross Profit: 1.60
• Enterprise Value/Ebitda: 8.56
• 1Y Price Target: $41.17
• Price Target Upside: 7.30% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $38.00 ▼(-0.96% Downside)

American Public Education's stock score is driven by strong earnings performance and financial recovery, offset by moderate valuation concerns. The company's resilience in overcoming challenges and its strategic initiatives contribute positively, while technical indicators suggest a stable outlook.

Positive Factors

Revenue Growth

The 7% revenue growth indicates strong demand for APEI's educational offerings, suggesting a robust market position and potential for continued expansion.

Enrollment Growth

Significant enrollment growth across institutions reflects APEI's ability to attract students, enhancing revenue stability and long-term growth prospects.

Cash Position

A strong cash position provides APEI with financial flexibility to invest in growth initiatives and manage potential economic challenges.

Negative Factors

Impact of Government Shutdown

The impact of the government shutdown on military enrollments highlights vulnerability to external factors, potentially affecting revenue stability.

Institutional Combination Delay

Delays in institutional combination plans may hinder strategic growth initiatives, affecting long-term operational efficiency and synergy realization.

Graduate School USA Sale Loss

The financial loss from the sale of Graduate School USA indicates potential challenges in asset management and strategic divestments.

American Public Education Business Overview & Revenue Model

Company Description

American Public Education, Inc. (APEI) is a leading provider of online higher education, primarily serving adult learners and military personnel. The company operates through its subsidiaries, including American Public University System (APUS) and other educational institutions, offering a wide range of degree programs and courses in various fields such as business, education, healthcare, and information technology. APEI focuses on providing accessible and affordable education to students through innovative online learning platforms and a commitment to student success.

How the Company Makes Money

APEI generates revenue primarily through tuition and fees paid by students enrolling in its online degree programs. The company benefits from a diverse student population, including active-duty military members and veterans who often utilize educational benefits through programs such as the GI Bill. Additionally, APEI has formed partnerships with various military and corporate organizations to offer tailored educational solutions, which further enhances its revenue streams. The company also explores opportunities for growth through strategic alliances and marketing initiatives aimed at expanding its reach and attracting new students.

American Public Education Financial Statement Overview

Summary

American Public Education demonstrates a solid financial recovery with improved profitability and cash flow metrics. While leverage is moderate, the company shows efficient cash generation and operational improvements. Continued focus on revenue growth and maintaining financial stability will be key to sustaining this positive trajectory.

Income Statement

American Public Education shows a strong recovery in profitability with a TTM net profit margin of 4.44% compared to a negative margin in previous years. Revenue growth is modest at 1.57% TTM, indicating stability. The gross profit margin remains healthy at over 51%, and EBIT and EBITDA margins have improved significantly, reflecting operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is moderate at 0.72 TTM, suggesting manageable leverage. Return on equity has improved to 9.73% TTM, indicating better utilization of equity. However, the equity ratio has decreased slightly, which may indicate increased financial risk.

Cash Flow

Free cash flow growth is robust at 19.42% TTM, and the operating cash flow to net income ratio is strong at 0.81, indicating efficient cash generation. The free cash flow to net income ratio of 0.74 suggests good cash conversion, supporting future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	654.64M	624.56M	600.54M	606.33M	418.80M	321.79M
Gross Profit	354.92M	328.86M	307.68M	317.86M	246.18M	199.62M
EBITDA	66.43M	52.37M	-20.49M	-101.39M	48.20M	38.59M
Net Income	31.91M	16.11M	-47.29M	-114.99M	17.75M	18.82M
Balance Sheet
Total Assets	525.30M	570.10M	557.39M	685.25M	725.61M	371.02M
Cash, Cash Equivalents and Short-Term Investments	191.34M	131.93M	116.66M	129.46M	122.63M	226.49M
Total Debt	166.24M	200.62M	204.73M	208.97M	257.42M	8.85M
Total Liabilities	245.96M	266.22M	265.41M	335.52M	310.00M	64.09M
Stockholders Equity	279.34M	303.88M	291.98M	349.73M	415.61M	306.93M
Cash Flow
Free Cash Flow	59.97M	27.79M	31.62M	12.83M	4.44M	39.88M
Operating Cash Flow	75.11M	48.87M	45.51M	29.21M	16.27M	44.81M
Investing Cash Flow	7.10M	-21.08M	-13.77M	-13.67M	-336.67M	-4.16M
Financing Cash Flow	-51.32M	-13.19M	-16.86M	-35.71M	242.34M	-15.71M

American Public Education Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APEI, the sentiment is Positive. The current price of 38.37 is above the 20-day moving average (MA) of 35.89, above the 50-day MA of 35.25, and above the 200-day MA of 30.41, indicating a bullish trend. The MACD of 0.93 indicates Negative momentum. The RSI at 69.59 is Neutral, neither overbought nor oversold. The STOCH value of 80.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for APEI.

American Public Education Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APEI	68 Neutral	$693.92M	29.29	11.20%	―	6.75%	141.11%
UDMY	68 Neutral	$862.34M	-222.76	-1.78%	―	2.53%	95.79%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
LINC	53 Neutral	$753.91M	52.63	7.94%	―	16.90%	41.11%
GOTU	49 Neutral	$574.83M	-11.09	-21.21%	―	48.81%	61.64%
DAO	46 Neutral	$1.07B	54.49	―	―	-1.51%	155.73%
CHGG	44 Neutral	$103.78M	-1.32	-46.37%	―	-32.37%	90.99%

American Public Education Corporate Events

American Public Education Appoints New CFO Edward Codispoti

On October 20, 2025, American Public Education, Inc. announced the appointment of Edward H. Codispoti as the new Executive Vice President and Chief Financial Officer, succeeding Richard Sunderland, Jr. Mr. Codispoti brings over 25 years of financial leadership experience, most recently serving as CFO of NV5 Global, Inc. His appointment is expected to enhance APEI’s financial strategy and support its growth initiatives, as the company continues to focus on empowering students and advancing its educational mission.