Apollo Education Group Receives Consensus Recommendation of “Hold” from Brokerages (NASDAQ:APOL)
Shares of Apollo Education Group (NASDAQ:APOL) have been given a consensus rating of “Hold” by the fifteen brokerages that are covering the company, Analyst Ratings Network reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $33.09.
A number of research firms have recently commented on APOL. Analysts at Compass Point raised their price target on shares of Apollo Education Group from $30.00 to $33.00 in a research note on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Apollo Education Group from $28.00 to $30.00 in a research note on Thursday. Finally, analysts at Zacks downgraded shares of Apollo Education Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 21st. They now have a $29.00 price target on the stock.
Shares of Apollo Education Group (NASDAQ:APOL) traded up 1.48% during mid-day trading on Thursday, hitting $31.54. The stock had a trading volume of 364,845 shares. Apollo Education Group has a 1-year low of $16.89 and a 1-year high of $35.92. The stock’s 50-day moving average is $28.44 and its 200-day moving average is $30.0. The company has a market cap of $3.510 billion and a P/E ratio of 16.44.
Apollo Education Group (NASDAQ:APOL) last posted its quarterly earnings results on Wednesday, June 25th. The company reported $0.59 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.66 by $0.07. The company had revenue of $799.90 million for the quarter, compared to the consensus estimate of $794.43 million. During the same quarter last year, the company posted $1.05 earnings per share. Apollo Education Group’s revenue was down 15.5% compared to the same quarter last year. Analysts expect that Apollo Education Group will post $2.33 EPS for the current fiscal year.
In other Apollo Education Group news, SVP Sean Martin sold 3,709 shares of the stock on the open market in a transaction dated Friday, June 13th. The shares were sold at an average price of $28.41, for a total value of $105,372.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Apollo Education Group, Inc offers educational programs and services, online and on-campus, at the undergraduate, master’s and doctoral levels.
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