CHARLES TOWN, W.Va., June 27, 2024 /PRNewswire/ -- American Public University System (APUS) today announced that Dr. Mary A. Papazian, executive vice president at the Association of Governing Boards of Universities and Colleges (AGB), will join the APUS Board of Trustees. A two-time former university president with extensive board experience, Dr. Papazian brings more than 35 years of higher education experience to her new role.American Public University System (APUS) today announced that Dr. Mary A. Papazia ...

CHARLES TOWN, W.Va., June 6, 2024 /PRNewswire/ -- American Public University System (APUS) is teaming up with Home School Legal Defense Association (HSLDA) to enable its members and their families to use tuition grants for earning degrees and certificates at APUS. HSLDA members can learn more by visiting here.Under the terms of the partnership, almost 100,000 HSLDA member families can access a 10 percent tuition grant to pursue bachelor's degrees and master's degrees at American Public University (APU). HSL ...

CHARLES TOWN, W.Va., May 20, 2024 /PRNewswire/ -- American Public Education, Inc. (NASDAQ: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, today announced that management will be participating in the following investor conferences during May and June and will be available for one-on-one meetings.  B. Riley Institutional Investor Conference, May 22 and May 23, Los Angeles – ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Core Points - Rasmussen University has launched a Professional Achievement Grant for employees of Saber Healthcare Group, allowing qualified employees to receive up to 100% tuition assistance for advanced nursing degrees [1][2] - The initiative aims to support Saber Healthcare Group's over 17,000 employees in advancing their education, thereby enhancing patient care and helping the organization retain talent [2][3] - Employees must be full-time, have at least six months of employment, and be in an improved leadership role as registered nurses to qualify for the grant [4] Company Overview - Rasmussen University is recognized as a national leader in nursing education, offering various programs including RN to BSN, MSN, and Doctor of Nursing Practice (DNP) [2][6] - The university provides over 50 career-focused online programs across multiple areas of study, including health sciences, business, and technology [3] - Rasmussen University is a wholly owned subsidiary of American Public Education, Inc., which aims to transform lives and improve communities through education [7][8]

Core Viewpoint - American Public Education (APEI) is experiencing a positive trend in earnings estimates, indicating strong potential for stock price appreciation as analysts show growing optimism about its earnings prospects [1][6]. Earnings Estimates - The earnings estimate for the current quarter is $0.01 per share, reflecting a significant increase of +104% compared to the same period last year [4]. - For the full year, the expected earnings per share is $0.68, which represents a change of +123.21% from the prior year [5]. - Over the past 30 days, three estimates have been revised upward while one has been revised downward, leading to a 75% increase in the Zacks Consensus Estimate for the current quarter [4]. Zacks Rank and Performance - American Public Education currently holds a Zacks Rank 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, suggesting a strong investment opportunity [6]. Stock Price Movement - The stock has gained 47.2% over the past four weeks, reflecting investor confidence in the company's earnings growth prospects [7].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investors typically avoid timing the market and instead capitalize on fast-moving stocks [1] - Identifying the right entry point for momentum stocks can be challenging, as they may lose momentum if their valuations exceed future growth potential [1] Group 2: American Public Education Inc. (APEI) Analysis - APEI has shown a significant price increase of 40.6% over the past four weeks, indicating growing investor interest [2] - Over the past 12 weeks, APEI's stock has gained 57.3%, demonstrating its ability to deliver positive returns over a longer timeframe [3] - APEI has a beta of 1.27, suggesting it moves 27% higher than the market in either direction, indicating fast-paced momentum [3] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [3] Group 3: Earnings Estimates and Valuation - APEI has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [4] - The stock is currently trading at a Price-to-Sales ratio of 0.52, indicating it is attractively priced at 52 cents for each dollar of sales [4] - APEI appears to have significant potential for further price appreciation while maintaining a reasonable valuation [5]

Core Insights - American Public Education, Inc. (APEI) reported strong first-quarter 2024 results, with significant improvements in both bottom line and revenues compared to the previous year [1][2] - The company raised its 2024 guidance for revenues and adjusted EBITDA despite a 3.8% decline in shares during after-hours trading [1][7] Financial Performance - APEI reported an adjusted loss of 6 cents per share, surpassing the consensus estimate of a loss of 19 cents by 68.4%, and improved from a loss of 38 cents per share in the prior year [2] - Total revenues reached $154.4 million, exceeding the consensus estimate of $152 million by 1.4% and increasing 3.2% year over year [2] - Total costs and expenses decreased by 3.7% year over year to $149.3 million, aided by reductions in advertising and depreciation costs [2] - Adjusted EBITDA surged 143% year over year to $17.1 million, exceeding the high-end guidance of $10 million, with an adjusted EBITDA margin of 11%, up from 5% [2] Segment Performance - APUS generated revenues of $80.7 million, a 9% increase year over year, driven by growth in registrations and tuition increases [3] - RU reported revenues of $53.1 million, down 8% from $57.5 million a year ago, attributed to lower ADN nursing enrollment, with total student enrollment falling 5.6% [3] - HCN's revenues rose 25% year over year to $16.4 million, supported by a 22% increase in total student enrollment [4] - GSUSA experienced an 18% decline in revenues to $4.2 million, impacted by government spending uncertainty [4] Financial Position - As of the end of the first quarter, APEI had total cash, cash equivalents, and restricted cash of $153.2 million, up from $144.3 million at the end of 2023 [5] Future Guidance - For Q2, APEI expects total revenues to increase by 4%-5% year over year to $153-$155 million, with anticipated profits ranging from a loss of 11 cents to earnings of 5 cents per share [6] - The company raised its 2024 revenue guidance to a growth of 3-5% year over year, now expecting total revenues of $620-$630 million [7]

Financial Data and Key Metrics Changes - APEI's Q1 2024 revenue was $154 million, a 3% increase compared to Q1 2023, exceeding guidance [11][19] - Adjusted EBITDA for Q1 2024 was $17.1 million, representing a 143% increase year-over-year, and was 71% above the top end of guidance [11][20] - Adjusted EBITDA margin expanded by 600 basis points to 11% in Q1 2024, compared to 5% in Q1 2023 [12][20] Business Line Data and Key Metrics Changes - APUS saw a 9% revenue increase to $80.7 million in Q1 2024, driven by a 3% increase in net course registrations and tuition increases [21] - Rasmussen's revenue decreased by 7.5% to $53.1 million due to lower average enrollment, although the EBITDA loss improved by approximately 40% year-over-year [22] - Hondros reported a 25% revenue increase to $16.4 million, with total enrollment growing by 22% to approximately 3,300 students [23] Market Data and Key Metrics Changes - APUS net course registrations increased by 3% year-over-year to 99,000, the highest in eight years [12] - Rasmussen's enrollments showed a slight decrease of 2% in Q2 2024 compared to the previous year, with online enrollments increasing by 4% [25] - Hondros experienced a 10% increase in total student enrollment in Q2 2024, reaching approximately 3,300 students [26] Company Strategy and Development Direction - The company is focused on improving student retention and diversifying its nursing program offerings to achieve a balanced portfolio [10][14] - APEI is increasing its full-year 2024 guidance for revenue and adjusted EBITDA due to strong Q1 performance [12][26] - Investments are planned for modernizing curriculum at APUS and relocating campuses at Hondros to more favorable locations [38][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive enrollment growth at Rasmussen in the second half of 2024 and a return to positive EBITDA [15][55] - The company is optimistic about long-term success, driven by strong education units and a solid financial position [17] - Management highlighted the importance of improving NCLEX pass rates and student retention as key factors for future growth [35][53] Other Important Information - Total cash and cash equivalents increased to $153.2 million, with cash flow from operations rising by 63% year-over-year [24] - The company repurchased 251,000 shares of common stock for an aggregate purchase price of $2.8 million [24] Q&A Session Summary Question: What does getting Rasmussen back to total enrollment growth mean for segment EBITDA margins? - Management indicated that increasing enrollments would lead to breakeven or positive EBITDA due to the fixed cost nature of the campus-based business [30] Question: What were the drivers of the revenue per student increase at APUS? - The increase was attributed to a combination of mix, modest tuition increases, and the timing of course starts [32] Question: Are there any restrictions on enrolling new students at campuses on probation? - There are no restrictions on enrolling new students, and management is optimistic about improving NCLEX pass rates [34] Question: What are the critical investments planned for 2024? - Investments include campus relocations at Hondros and curriculum modernization at APUS, with a focus on technology infrastructure [38][40] Question: Is Rasmussen under control in terms of enrollment? - Management confirmed that enrollment trends are improving, and they expect positive growth in the second half of 2024 [48][55] Question: What is the status of accounts receivable collections with the Army? - There are some older amounts being cleaned up, but current billing and collections are functioning as designed [57][58] Question: Why were margins at the graduate school slightly worse year-on-year? - The decline was due to government budget delays affecting training dollars, but efforts are underway to close the revenue gap [61][62]

American Public Education (APEI) reported $154.43 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.2%. EPS of -$0.06 for the same period compares to -$0.38 a year ago.The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $152.34 million. With the consensus EPS estimate being -$0.19, the EPS surprise was +68.42%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...