Apollo Education Group Price Target Cut to $33.00 (APOL)

Share on StockTwits

Equities researchers at Robert W. Baird cut their price objective on shares of Apollo Education Group (NASDAQ:APOL) from $36.00 to $33.00 in a research report issued on Wednesday, Analyst Ratings Network reports. Robert W. Baird’s price target indicates a potential upside of 18.45% from the company’s current price.

Shares of Apollo Education Group (NASDAQ:APOL) opened at 27.86 on Wednesday. Apollo Education Group has a 52-week low of $16.88 and a 52-week high of $35.92. The stock’s 50-day moving average is $32.64 and its 200-day moving average is $28.34. The company has a market cap of $3.101 billion and a price-to-earnings ratio of 15.17.

Apollo Education Group (NASDAQ:APOL) last posted its quarterly earnings results on Tuesday, April 1st. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.19 by $0.06. The company had revenue of $679.10 million for the quarter, compared to the consensus estimate of $689.04 million. During the same quarter last year, the company posted $0.34 earnings per share. Apollo Education Group’s revenue was down 18.6% compared to the same quarter last year. Analysts expect that Apollo Education Group will post $2.32 EPS for the current fiscal year.

In other Apollo Education Group news, Insider John Sperling sold 535,000 shares of Apollo Education Group stock on the open market in a transaction dated Friday, April 4th. The shares were sold at an average price of $31.87, for a total transaction of $17,050,450.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

APOL has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. raised their price target on shares of Apollo Education Group from $30.00 to $35.00 in a research note on Wednesday, April 2nd. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Apollo Education Group from $32.00 to $38.00 in a research note on Wednesday, April 2nd. Finally, analysts at TheStreet upgraded shares of Apollo Education Group to a “hold” rating in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. Apollo Education Group has a consensus rating of “Hold” and an average price target of $33.82.

Apollo Education Group, Inc offers educational programs and services, online and on-campus, at the undergraduate, master’s and doctoral levels.

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.

Latest News

Insider Selling: Jerry M. Kennelly Unloads 108,334 Shares of Riverbed Technology Stock
Insider Selling: Jerry M. Kennelly Unloads 108,334 Shares of Riverbed Technology Stock
World Wrestling Entertainment Insider Sells $72,500 in Stock
World Wrestling Entertainment Insider Sells $72,500 in Stock
Insider Selling: Mastercard Insider Sells 32,290 Shares of Stock
Insider Selling: Mastercard Insider Sells 32,290 Shares of Stock
Insider Selling: Fresh Del Monte Produce COO Sells 20,070 Shares of Stock
Insider Selling: Fresh Del Monte Produce COO Sells 20,070 Shares of Stock
Insider Selling: Kevin J. Caponecchi Unloads 55,480 Shares of Euronet Worldwide Stock
Insider Selling: Kevin J. Caponecchi Unloads 55,480 Shares of Euronet Worldwide Stock
Express Scripts Holding Company Director Seymour Sternberg Sells 15,508 Shares
Express Scripts Holding Company Director Seymour Sternberg Sells 15,508 Shares


Leave a Reply

 
© 2006-2014 Mideast Time.