2024-05-09 06:00:05 ET
Summary
- American Public Education has seen a 23% increase in stock price since my prior article, and better-than-expected Q1 earnings.
- Do not worry. You are probably not too late yet: The turnaround of Rasmussen University is underway, but will only be finished by the end of 2024.
- Growth continues in the biggest division, APUS.
- APEI seems to be a non-cyclical growth stock, trading at 7x FCF.
- I agree with Seeking Alpha's "Strong Buy" Quant Rating.
American Public Education ( APEI ) continues to be a very interesting recovery play. Since my prior article in which I explained this setup, APEI stock has increased by 23% and posted better-than-expected results....
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For further details see:
American Public Education's Incredible Momentum Likely To Continue