Goldman Sachs Lifts Estimates on Apollo Education (APOL); Maintains 'Neutral' As Enrollments Remain Inconsistent
Tweet
Share
E-mailGet Alerts APOL Hot Sheet
Price: $10.00 --0%
Rating Summary:
5 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 23
Rating Summary:
5 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 23
Join SI Premium – FREE
Goldman Sachs maintains a 'Neutral' on Apollo Education (NASDAQ: APOL) price target of $37.00 (from $36.00).
Analyst, Brian Karimzad, was mildly impressed by Apollo's Q3 earnings reports, with revenue operating income, and EPS 2%, 18%, and 24% ahead of Goldman estimates. The Q3 beat was mainly from lower marketing expenses and stock buybacks, however, Karimzad, sees the company giving most of it back in Q4. All in, Neutral rating is maintained because of inconsistent total enrollment signs.
Goldman raises FY12 EPS estimate from $3.37 to $3.54, FY13 from $3.02 to $3.14 and FY14 from $3.14 to $3.33.
For an analyst ratings summary and ratings history on Apollo Education click here. For more ratings news on Apollo Education click here.
Shares of Apollo Education closed at $32.47 yesterday.
Analyst, Brian Karimzad, was mildly impressed by Apollo's Q3 earnings reports, with revenue operating income, and EPS 2%, 18%, and 24% ahead of Goldman estimates. The Q3 beat was mainly from lower marketing expenses and stock buybacks, however, Karimzad, sees the company giving most of it back in Q4. All in, Neutral rating is maintained because of inconsistent total enrollment signs.
Goldman raises FY12 EPS estimate from $3.37 to $3.54, FY13 from $3.02 to $3.14 and FY14 from $3.14 to $3.33.
For an analyst ratings summary and ratings history on Apollo Education click here. For more ratings news on Apollo Education click here.
Shares of Apollo Education closed at $32.47 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wells Fargo Starts Vivmark Residential (VMRK) at Overweight, 'Setting the mark for growth'
- Freedom Broker Upgrades Walmart (WMT) to Buy
- JPMorgan Upgrades TIC Solutions (TIC) to Neutral
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
