Apollo Group, Inc. (APOL) Target Increased at FBR Capital

Apollo Group, Inc. (APOL) received a “market perform” reiteration today from securities research analysts at investment firm FBR Capital.  FBR also raised their performance outlook for APOL by adjusting their price target slightly from $45 to $47 dollars.  FBR noted that despite new starts are under pressure that Apollo’s management team is taking appropriate measures to ensure student outcomes increase.

APOL gapped up at the beginning of the normal market session after earnings were released yesterday after the market close.  APOL nearly set a new intermediate high, but fell just short of resistance located at $48.19 which needed surpassed for it to happen.  Volatility was definitely on the high-side today, ranking roughly in the top 10 of high volume days of the past year for shares of the company.

Apollo Group is slated to release their next earnings report on September 29th, 2011, and is estimated to post EPS of 92 cents.  Their last earnings report was released yesterday on June 30th, 2011, and announced EPS of $1.45 with revenue totaling $1.235 billion which was up -7.6% year to year.  APOL is currently trading above its 50 & 200-day moving averages and 2011 is an up year for the company.

Apollo Group, Inc. is one of the world’s largest private education providers and has been in the education business for more than 35 years.  They offer innovative and distinctive educational programs and services both online and on-campus at the undergraduate, master’s and doctoral levels through their wholly-owned subsidiaries.  The company has market capitalization of $6,556,806,880 and 141,128,000 shares outstanding.  APOL has a 52-week high of $53.61 with the low being $33.75 dollars.

Latest News

Rivernorth Capital Management LLC Sells 92,592 Shares of Blackrock Municipal 2030 Trgt Trm Trst
Rivernorth Capital Management LLC Sells 92,592 Shares of Blackrock Municipal 2030 Trgt Trm Trst
Rivernorth Capital Management LLC Purchases Shares of 300,000 TKK Symphony Acquisition Corporation Units
Rivernorth Capital Management LLC Purchases Shares of 300,000 TKK Symphony Acquisition Corporation Units
Philip Morris International Inc.  Holdings Boosted by Smith Moore & CO.
Philip Morris International Inc. Holdings Boosted by Smith Moore & CO.
Nuveen Intermediate Duration Munpl Tm Fd  Shares Bought by Rivernorth Capital Management LLC
Nuveen Intermediate Duration Munpl Tm Fd Shares Bought by Rivernorth Capital Management LLC
Macy’s Inc  Position Trimmed by Rampart Investment Management Company LLC
Macy’s Inc Position Trimmed by Rampart Investment Management Company LLC
Cerner Co.  Shares Bought by Pacer Advisors Inc.
Cerner Co. Shares Bought by Pacer Advisors Inc.


© 2006-2018 Ticker Report