The stock of Apollo Education Group Inc (NASDAQ:APOL) hit a new 52-week high and has $10.12 target or 7.00% above today’s $9.46 share price. The 6 months bullish chart indicates low risk for the $1.04 billion company. The 1-year high was reported on Nov, 29 by Barchart.com. If the $10.12 price target is reached, the company will be worth $72.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 100,889 shares traded hands. Apollo Education Group Inc (NASDAQ:APOL) has risen 29.43% since April 26, 2016 and is uptrending. It has outperformed by 24.17% the S&P500.
Analysts await Apollo Education Group Inc (NASDAQ:APOL) to report earnings on January, 9. They expect $0.19 earnings per share, down 34.48% or $0.10 from last year’s $0.29 per share. APOL’s profit will be $20.89 million for 12.45 P/E if the $0.19 EPS becomes a reality. After $0.21 actual earnings per share reported by Apollo Education Group Inc for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.
Apollo Education Group Inc (NASDAQ:APOL) Ratings Coverage
Out of 3 analysts covering Apollo Education (NASDAQ:APOL), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $13 is the highest target while $8.50 is the lowest. The $9 average target is -4.86% below today’s ($9.46) stock price. Apollo Education has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Compass Point maintained Apollo Education Group Inc (NASDAQ:APOL) rating on Friday, October 23. Compass Point has “Neutral” rating and $8.50 price target. As per Tuesday, January 12, the company rating was maintained by BMO Capital Markets.
According to Zacks Investment Research, “Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc.”
Insitutional Activity: The institutional sentiment increased to 0.85 in Q2 2016. Its up 0.15, from 0.7 in 2016Q1. The ratio improved, as 33 funds sold all Apollo Education Group Inc shares owned while 54 reduced positions. 21 funds bought stakes while 40 increased positions. They now own 74.51 million shares or 6.83% less from 79.97 million shares in 2016Q1.
Amer Assets Invest Mngmt Limited Company accumulated 0.08% or 35,000 shares. Fmr Limited has invested 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). Rothschild Il holds 57,325 shares or 0.07% of its portfolio. Capstone Invest Advsrs Limited Liability Co last reported 0.02% of its portfolio in the stock. Moreover, Panagora Asset Mgmt Inc has 0.01% invested in Apollo Education Group Inc (NASDAQ:APOL) for 130,278 shares. Architects Inc owns 1,100 shares or 0% of their US portfolio. Public Employees Retirement Association Of Colorado holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 18,324 shares. Qs Invsts Llc last reported 79 shares in the company. Strs Ohio holds 88,400 shares or 0% of its portfolio. Grantham Mayo Van Otterloo And Com Limited Liability holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 81,612 shares. The California-based Schwab Charles Invest has invested 0.01% in Apollo Education Group Inc (NASDAQ:APOL). Commonwealth Of Pennsylvania Pub School Empls Retrmt last reported 1.32M shares in the company. Kanaly Tru holds 0% or 205 shares in its portfolio. State Of New Jersey Common Pension Fund D last reported 1.00 million shares in the company. Tower Ltd Company (Trc) accumulated 2,119 shares or 0% of the stock.
More notable recent Apollo Education Group Inc (NASDAQ:APOL) news were published by: Wsj.com which released: “University of Phoenix Parent Apollo Education to Be Taken Private” on February 08, 2016, also Wsj.com with their article: “Apollo Global Management in Talks to Buy Apollo Education” published on January 11, 2016, Fool.com published: “Why Apollo Education Group Inc. Jumped Today” on May 02, 2016. More interesting news about Apollo Education Group Inc (NASDAQ:APOL) were released by: Bloomberg.com and their article: “Apollo Education Holders Approve Bid From Apollo Global” published on May 07, 2016 as well as Wsj.com‘s news article titled: “Apollo Education Loss Nearly Doubles From Year Earlier” with publication date: April 06, 2016.
APOL Company Profile
Apollo Education Group, Inc., incorporated on June 30, 1981, is an education provider. The Firm offers undergraduate, graduate, certificate and no degree educational programs and services, online and on-campus, to working adults in the United States and abroad through University of Phoenix, Apollo Global and Others. The Company’s divisions include University of Phoenix, Apollo Global and Others. The University of Phoenix includes is a private university. The Apollo Global segment includes BPP Holdings Limited (BPP), Open Colleges Australia Pty Ltd (Open Colleges), Career Partner GmbH (Career Partner), Universidad Latinoamericana (ULA), Faculdade da Educacional da Lapa (FAEL), Apollo Global Chile S.A. (Apollo Global Chile), Milpark Education (Pty) Ltd. (Milpark Education) and India Education Services Private Ltd (India Education Services). The Others segment includes The College for Financial Planning Institutes Corporation (College for Financial Planning); Western International University, Inc; TIY Academy, LLC (The Iron Yard), and Apollo Professional Development.
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