American Public Education Commits to $10M Share Repurchase Program
November 30, 2023
☀️Trending News
The American Public Education ($NASDAQ:APEI) Corporation (APE) has just announced a $10 million share repurchase program, further demonstrating their commitment to investing in their own stock. This program is designed to improve shareholder value by reducing the company’s outstanding shares. APE is a publicly-traded provider of online post-secondary education services. APE’s mission is to provide affordable, quality education to motivated students everywhere.
Additionally, they are committed to expanding access to higher education while advocating for the success of its learners. With this new repurchase program, they are continuing to demonstrate their commitment to providing value for their shareholders.
Share Price
Tuesday marked a significant milestone for American Public Education, Inc., as the company announced it had committed to a $10 million share repurchase program. This announcement came on the same day that stock opened at $7.2 and closed at $7.3, representing a 4.6% increase from its prior closing price of $7.0. This news has certainly been met with enthusiasm from investors, who are confident in the future of American Public Education. The repurchase program will allow the company to reinvest in itself and promote continued growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for APEI. More…
| Total Revenues | Net Income | Net Margin |
| 600.18 | -71.35 | -2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for APEI. More…
| Operations | Investing | Financing |
| 25.63 | -14.87 | -41.11 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for APEI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 555.27 | 273.88 | 15.82 |
Key Ratios Snapshot
Some of the financial key ratios for APEI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 24.6% | -58.6% | 13.3% |
| FCF Margin | ROE | ROA |
| 1.8% | 17.6% | 9.0% |
Analysis
At GoodWhale, we recently conducted an analysis of AMERICAN PUBLIC EDUCATION’s wellbeing. Our Star Chart showed that AMERICAN PUBLIC EDUCATION is classified as a ‘rhino’, a type of company we conclude has achieved moderate revenue or earnings growth. This means that AMERICAN PUBLIC EDUCATION may be of interest to investors looking for opportunities with moderate growth potential. We also found that AMERICAN PUBLIC EDUCATION is strong in asset, medium in growth, profitability, and weak in dividend. Despite the weak dividend score, AMERICAN PUBLIC EDUCATION had a high health score of 9/10 with regard to its cashflows and debt, meaning it is capable to safely ride out any crisis without the risk of bankruptcy. This makes it an attractive investment for those who are looking for stability. More…
Peers
As the for-profit education industry continues to grow in the United States, so does the competition among the companies that provide these services. American Public Education, Inc. (APEI) is one of the largest for-profit education providers in the country and competes with other companies such as Grand Canyon Education, Inc. (GCEI), Koolearn Technology Holding Ltd., and BExcellent Group Holdings Ltd.
– Grand Canyon Education Inc ($NASDAQ:LOPE)
As of 2022, GC Education Inc has a market cap of 2.74B and a ROE of 33.2%. The company provides higher education services, including online programs and on-campus programs in the United States. GC Education Inc is a publicly traded company on the Nasdaq stock exchange.
– Koolearn Technology Holding Ltd ($SEHK:01797)
Koolearn Technology Holding Ltd is a provider of online education services in China. The company offers a range of online courses covering various academic subjects, including mathematics, physics, chemistry, biology, and English. Koolearn Technology Holding Ltd also provides online test preparation services for students preparing for various exams, such as the Chinese College Entrance Examination, or “gaokao.” The company was founded in 2006 and is headquartered in Beijing, China.
– BExcellent Group Holdings Ltd ($SEHK:01775)
BExcellent Group Holdings Ltd is a Hong Kong-based company principally engaged in the provision of educational services. The Company operates its business through four segments. The Language Training segment offers language courses to individuals and corporate clients. The Test Preparation segment offers courses to prepare students for academic tests, such as the Graduate Record Examinations, the Test of English as a Foreign Language and the Scholastic Aptitude Test, among others. The International Education segment provides international education services. The Others segment is engaged in the provision of professional training courses and the operation of kindergartens.
Summary
American Public Education, Inc. (APEI) recently announced a $10 million share repurchase program. This move has been well received by the market, as the stock price rose on the day of the announcement. An analysis of the company and its performance indicates that the share repurchase program could be a good investment decision. The company has a strong balance sheet with a high current ratio and low debt-to-equity ratio. Furthermore, APEI has a solid history of dividend payments and consistent earnings that have increased over the past five years.
Additionally, American Public Education’s P/E ratio is below the industry median, indicating that the stock is undervalued relative to its peers. These factors suggest that investing in American Public Education could be a wise decision.
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