American Public Invests in Fidelis - Analyst Blog
May 13 2013 - 1:11PM
Zacks
American Public Education, Inc. (APEI) recently
announced a minority investment of $4 million in Fidelis Education.
Fidelis Education works toward career transition from
military-to-civilian. The recent investment is a contribution to
Fidelis Education for a software development, which will help
interaction among students, faculty and staff outside
classroom.
The software is expected to improve student satisfaction. The
software platform is also expected to help military service members
and working adults pursue online programs and make successful
career transitions.
The company has been investing in information technology
infrastructure to support a larger and more diverse student
population. In fact, these initiatives have contributed toward
top-line growth in the past few quarters.
Total company’s top-line grew 11% year on year in the first quarter
of 2013, which was within the company’s expected range of
approximately 9% to 13% growth. However, new student enrollments
declined 7% in the first quarter of 2013, in line with the high end
of management guided range of 5% to 7% decline.
Management believes that the prior-year quarters may have included
enrollment of students who abused student aid. The company’s fraud
prevention initiatives have reduced enrollment of students who
abuse funds, which explains the decline in new student starts for
the quarter.
American Public carries a Zacks Rank #3 (Hold).
Stocks that are currently better positioned and therefore worth
considering include WebMD Health Corp. (WBMD)
carrying a Zacks Rank #1 (Strong Buy), and
Shutterstock, Inc. (SSTK) and Perion
Network Ltd (PERI) carrying a Zacks Rank #2 (Buy).
AMER PUB EDUCAT (APEI): Free Stock Analysis Report
PERION NETWORK (PERI): Get Free Report
SHUTTERSTOCK (SSTK): Free Stock Analysis Report
WEBMD HEALTH CP (WBMD): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Perion Network (NASDAQ:PERI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Perion Network (NASDAQ:PERI)
Historical Stock Chart
From Jul 2023 to Jul 2024