Apollo Group Given New $20.00 Price Target at Compass Point (APOL)
Equities research analysts at Compass Point lifted their target price on shares of Apollo Group (NASDAQ:APOL) from $15.00 to $20.00 in a research note issued to investors on Thursday, American Banking and Market News reports. The firm currently has a “sell” rating on the stock. Compass Point’s price target suggests a potential downside of 27.61% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Apollo Group from $18.00 to $24.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Stifel Nicolaus upgraded shares of Apollo Group from a “hold” rating to a “buy” rating in a research note to investors on Wednesday. They now have a $30.00 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of Apollo Group in a research note to investors on Wednesday, October 16th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $24.11.
Apollo Group (NASDAQ:APOL) traded down 2.19% on Thursday, hitting $27.63. 4,360,932 shares of the company’s stock traded hands. Apollo Group has a 1-year low of $15.98 and a 1-year high of $30.05. The stock has a 50-day moving average of $19.39 and a 200-day moving average of $18.7. The company has a market cap of $1.053 billion and a price-to-earnings ratio of 12.90.
Apollo Group (NASDAQ:APOL) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.06. The company had revenue of $845.00 million for the quarter, compared to the consensus estimate of $823.60 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was down 15.2% on a year-over-year basis. Analysts expect that Apollo Group will post $2.10 EPS for the current fiscal year.
Apollo Group, Inc (NASDAQ:APOL) is a private education provider.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.