Aspen Group (ASPU) Scheduled to Post Quarterly Earnings on Monday

Aspen Group (NASDAQ:ASPU) will be announcing its earnings results after the market closes on Monday, December 10th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Aspen Group (NASDAQ:ASPU) last issued its earnings results on Thursday, September 6th. The technology company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.03). The company had revenue of $7.22 million during the quarter, compared to the consensus estimate of $7.19 million. Aspen Group had a negative return on equity of 31.50% and a negative net margin of 36.53%. On average, analysts expect Aspen Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ASPU stock opened at $5.67 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.80 and a current ratio of 2.81. The stock has a market capitalization of $104.38 million, a price-to-earnings ratio of -14.54 and a beta of 0.90. Aspen Group has a one year low of $5.01 and a one year high of $9.61.

In other Aspen Group news, Director Malcolm F. Iv Maclean acquired 4,909 shares of the company’s stock in a transaction dated Friday, October 5th. The shares were purchased at an average cost of $6.59 per share, for a total transaction of $32,350.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 11,296 shares of company stock worth $77,411. Insiders own 19.40% of the company’s stock.

A number of equities analysts have commented on ASPU shares. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 26th. ValuEngine downgraded shares of Aspen Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 7th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $10.25.

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About Aspen Group

Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.

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Earnings History for Aspen Group (NASDAQ:ASPU)

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