Aspen Group (ASPU) to Release Earnings on Tuesday

Aspen Group (NASDAQ:ASPU) will be posting its quarterly earnings results after the market closes on Tuesday, December 10th. Analysts expect Aspen Group to post earnings of ($0.08) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Aspen Group (NASDAQ:ASPU) last issued its quarterly earnings data on Monday, September 9th. The technology company reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The company had revenue of $10.36 million for the quarter, compared to analysts’ expectations of $10.06 million. Aspen Group had a negative return on equity of 31.68% and a negative net margin of 22.92%. 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 NASDAQ ASPU opened at $6.89 on Tuesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.40 and a quick ratio of 2.40. The stock has a market capitalization of $131.61 million, a P/E ratio of -13.78 and a beta of 0.91. Aspen Group has a 1-year low of $3.58 and a 1-year high of $7.44. The business has a fifty day moving average price of $6.43 and a 200 day moving average price of $4.93.

A number of equities research analysts recently weighed in on the company. Northland Securities assumed coverage on Aspen Group in a research note on Monday, November 4th. They set an “outperform” rating and a $10.00 price objective for the company. Roth Capital set a $10.00 price objective on Aspen Group and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Zacks Investment Research upgraded Aspen Group from a “strong sell” rating to a “hold” rating and set a $7.50 price objective for the company in a research note on Monday, November 11th. Lake Street Capital set a $10.00 price objective on Aspen Group and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Finally, Canaccord Genuity began coverage on Aspen Group in a research note on Monday, September 9th. They issued a “buy” rating and a $8.00 price target for the company. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Aspen Group currently has an average rating of “Buy” and a consensus price target of $9.10.

Aspen Group Company Profile

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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