Sterne Agee Reiterates Buy Rating On American Public Education

According to Sterne Agee, American Public Education APEI Buy rating is reiterated. Sterne Agee said that it is more confident the company's APU (American Public University) division continues to experience strong growth through market share gains at a time when competitors are distracted. “Our Buy rating is predicated on the following key factors: 1. APU's rapid growth (+97% in the most recent quarter); 2. AMU is still growing nicely and experiencing strong margins (30%+); 3. WMT ($54.49 – Not Rated) remains a significant catalyst; 4. Longer-term opportunity for operating margin expansion exists; and 5. APEI has limited exposure to regulatory changes, in our opinion.” American Public Education closed yesterday at $47.76.