American Public Education (APEI) AI Stock Analysis

• Market Cap: $569.11M
• Dividend Yield: N/A
• Average Volume (3M): 221.49K
• Price to Earnings (P/E): 29.9
• Beta (1Y): 0.96
• 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: 18,067,135
• 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: 1.00
• Enterprise Value/Revenue: 0.87
• Enterprise Value/Gross Profit: 1.60
• Enterprise Value/Ebitda: 8.56
• 1Y Price Target: $41.17
• Price Target Upside: 18.24% 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 ▲(9.13% Upside)

American Public Education's overall stock score reflects a strong earnings call performance and solid financial recovery. However, technical indicators suggest neutral momentum, and the stock's valuation appears stretched. The company's ability to navigate external challenges and maintain growth will be crucial for future performance.

Positive Factors

Enrollment Growth

Strong enrollment growth across key institutions indicates robust demand for APEI's educational offerings, supporting future revenue stability.

Financial Position

A strong cash position enhances APEI's financial flexibility, enabling strategic investments and debt servicing, which supports long-term growth.

Revenue and EBITDA Growth

Significant revenue and EBITDA growth reflect operational efficiency and market demand, strengthening APEI's competitive position.

Negative Factors

Impact of Government Shutdown

Dependence on military enrollments exposes APEI to external risks like government shutdowns, which can disrupt revenue streams and growth.

Institutional Combination Delay

Delays in institutional restructuring can hinder operational synergies and efficiency improvements, impacting long-term strategic goals.

Graduate School USA Sale Loss

The financial loss from the sale of Graduate School USA indicates potential missteps in asset management, affecting overall financial health.

American Public Education Business Overview & Revenue Model

Company Description

American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. It offers 130 degree programs and 111 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security. The company also provides nursing-and health sciences-focused postsecondary education, diploma in practical nursing, an associate degree in nursing, and an associate degree in medical laboratory technology. American Public Education, Inc. was incorporated in 1991 and is headquartered in Charles Town, West Virginia.

How the Company Makes Money

APEI generates revenue primarily through tuition and fees paid by students enrolled in its degree programs and courses. The company benefits from a significant number of military and veteran students, who often utilize federal financial aid programs such as the GI Bill. Additionally, APEI has established partnerships with various military organizations and employers, which can enhance enrollment and retention rates. The company's revenue model is also supported by an emphasis on online education, allowing for lower operational costs compared to traditional brick-and-mortar institutions, thus contributing to its profitability.

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	193.14M	131.93M	116.66M	129.46M	122.63M	226.49M
Total Debt	71.88M	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: 34.82
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 34.82 is above the 20-day moving average (MA) of 33.61, below the 50-day MA of 35.73, and above the 200-day MA of 29.21, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 51.72 is Neutral, neither overbought nor oversold. The STOCH value of 26.81 is Neutral, 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	$569.11M	29.86	11.20%	―	6.75%	141.11%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
UDMY	60 Neutral	$743.59M	―	-1.78%	―	2.53%	95.79%
LINC	53 Neutral	$650.82M	45.43	7.94%	―	16.90%	41.11%
GOTU	49 Neutral	$574.83M	―	-21.21%	―	48.81%	61.64%
DAO	46 Neutral	$1.20B	147.44	―	―	-3.31%	134.49%
CHGG	42 Neutral	$105.54M	―	-46.37%	―	-32.37%	90.99%

American Public Education Corporate Events

American Public Education, Inc. Reports Strong Q3 2025 Results

American Public Education, Inc. (APEI) recently held its third-quarter 2025 earnings call, where the company presented a generally positive outlook despite some challenges. The call highlighted strong financial and enrollment performance across most areas, although issues such as the government shutdown affecting military enrollments and procedural delays in institutional combination plans were acknowledged. Nevertheless, APEI demonstrated resilience and financial flexibility, underscoring its robust position in the education sector.

American Public Education, Inc. Reports Strong Q3 2025 Results

American Public Education, Inc. (APEI) is a provider of online and campus-based postsecondary education, primarily serving military, veterans, and public service communities through its subsidiary institutions, including American Public University System, Rasmussen University, and Hondros College of Nursing.

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.

The most recent analyst rating on (APEI) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on American Public Education stock, see the APEI Stock Forecast page.