Price Action to Note: Does Apollo Education Group Inc Have Any Gas After Today’s Significant Increase?

Price Action to Note: Does Apollo Education Group Inc Have Any Gas After Today's Significant Increase?

The stock of Apollo Education Group Inc (NASDAQ:APOL) is a huge mover today! About 451,720 shares traded hands. Apollo Education Group Inc (NASDAQ:APOL) has declined 2.93% since February 29, 2016 and is downtrending. It has underperformed by 15.15% the S&P500.
The move comes after 8 months positive chart setup for the $911.25 million company. It was reported on Oct, 4 by Barchart.com. We have $11.51 PT which if reached, will make NASDAQ:APOL worth $364.50 million more.

Analysts await Apollo Education Group Inc (NASDAQ:APOL) to report earnings on October, 27. They expect $-0.05 earnings per share, down 129.41% or $0.22 from last year’s $0.17 per share. After $0.37 actual earnings per share reported by Apollo Education Group Inc for the previous quarter, Wall Street now forecasts -113.51% 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. Apollo Education has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, January 12. Compass Point maintained it with “Neutral” rating and $8.50 target price in Friday, October 23 report.

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 decreased to 0.7 in Q2 2016. Its down 0.23, from 0.93 in 2016Q1. The ratio dropped, 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.
State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 1.00 million shares. Yacktman Asset Mngmt Limited Partnership has 2.12 million shares for 0.16% of their US portfolio. Price T Rowe Assoc Md has 35,786 shares for 0% of their US portfolio. Ameriprise last reported 41,002 shares in the company. State Board Of Administration Of Florida Retirement Systems holds 74,928 shares or 0% of its portfolio. The New Jersey-based Kcg has invested 0.01% in Apollo Education Group Inc (NASDAQ:APOL). California State Teachers Retirement holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 179,110 shares. Schroder Investment Grp Inc owns 15.51M shares or 0.28% of their US portfolio. Moreover, Blackrock has 0% invested in Apollo Education Group Inc (NASDAQ:APOL) for 34,131 shares. Fund Management holds 0.01% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 83,511 shares. Coastland has invested 0.04% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). Whittier Tru Company Of Nevada reported 564 shares or 0% of all its holdings. Moreover, Alliancebernstein Ltd Partnership has 0% invested in Apollo Education Group Inc (NASDAQ:APOL) for 147,146 shares. Invesco last reported 0% of its portfolio in the stock. Blackrock Institutional Tru Na, a California-based fund reported 2.56M shares.

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 Fool.com with their article: “Why Apollo Education Group Inc. Jumped Today” published on May 02, 2016, Wsj.com published: “Apollo Global Management in Talks to Buy Apollo Education” on January 11, 2016. More interesting news about Apollo Education Group Inc (NASDAQ:APOL) were released by: Wsj.com and their article: “Apollo Education Loss Nearly Doubles From Year Earlier” published on April 06, 2016 as well as Businesswire.com‘s news article titled: “Apollo Education Group Shareholders Approve Merger Agreement to be Acquired by …” with publication date: May 06, 2016.

APOL Company Profile

Apollo Education Group, Inc., incorporated on June 30, 1981, is a private education provider. The Firm offers undergraduate, graduate, certificate and non-degree educational programs and services, online and on-campus, principally to working learners in the United States and abroad. The Company’s divisions are University of Phoenix, Apollo Global and Other. The Company’s University of Phoenix segment offers undergraduate and graduate degrees through its nine colleges in a range of program areas, as well as various non-degree programs. The Company’s Apollo Global segment includes its institutions based outside the United States and its corporate operations. The Company’s Other segment primarily includes Apollo Professional Development, which provides relevant programs for employers to help them recruit, develop and retain a workforce, and the Company’s corporate activities.

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