Stock On Watch: Could Apollo Education Group Inc See a Reversal After Breaking Its 52-Week High?

Stock On Watch: Could Apollo Education Group Inc See a Reversal After Breaking Its 52 Week High?

The stock of Apollo Education Group Inc (NASDAQ:APOL) hit a new 52-week high and has $9.92 target or 5.00% above today’s $9.45 share price. The 9 months bullish chart indicates low risk for the $1.04 billion company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $9.92 price target is reached, the company will be worth $52.00 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 78,816 shares traded hands. Apollo Education Group Inc (NASDAQ:APOL) has risen 33.61% since April 21, 2016 and is uptrending. It has outperformed by 28.29% the S&P500.

Analysts await Apollo Education Group Inc (NASDAQ:APOL) to report earnings on January, 9. They expect $0.19 EPS, down 34.48% or $0.10 from last year’s $0.29 per share. APOL’s profit will be $20.91M for 12.43 P/E if the $0.19 EPS becomes a reality. After $0.21 actual EPS reported by Apollo Education Group Inc for the previous quarter, Wall Street now forecasts -9.52% 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. BMO Capital Markets maintained the shares of APOL in a report on Tuesday, January 12 with “Outperform” rating. The firm earned “Neutral” rating on Friday, October 23 by Compass Point.

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 increased to 0.85 in 2016 Q2. Its up 0.15, from 0.7 in 2016Q1. The ratio improved, 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.
Susquehanna Intll Grp Limited Liability Partnership reported 326,062 shares or 0% of all its holdings. Legal & General Public Ltd Com holds 195,688 shares or 0% of its portfolio. Hsbc Hldgs Public Ltd Com holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 118,469 shares. Polar Asset Mngmt, a Ontario – Canada-based fund reported 80,000 shares. Moreover, Diversified Invest Strategies has 0.86% invested in Apollo Education Group Inc (NASDAQ:APOL) for 93,375 shares. Bessemer holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 375 shares. Bank Of Montreal Can owns 100 shares or 0% of their US portfolio. Ancora Advsrs Ltd Liability Corp has invested 0.06% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). Sei Investments accumulated 6,741 shares or 0% of the stock. Teacher Retirement Systems Of Texas accumulated 14,450 shares or 0% of the stock. Moreover, Dimensional Fund Advsrs Ltd Partnership has 0.01% invested in Apollo Education Group Inc (NASDAQ:APOL) for 2.60 million shares. Creative Planning has 0% invested in the company for 125 shares. The United Kingdom-based Glg Prtn Lp has invested 0% in Apollo Education Group Inc (NASDAQ:APOL). Fmr Ltd Liability Corporation holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 2.39 million shares. Aqr Management Ltd Liability has invested 0.01% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL).

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: Bloomberg.com and their article: “Apollo Education Holders Approve Bid From Apollo Global” published on May 07, 2016 as well as Wsj.com‘s news article titled: “Apollo Education Loss Nearly Doubles From Year Earlier” with publication date: April 06, 2016.

APOL Company Profile

Apollo Education Group, Inc., incorporated on June 30, 1981, is an education provider. The Firm offers undergraduate, graduate, certificate and no degree educational programs and services, online and on-campus, to working adults in the United States and abroad through University of Phoenix, Apollo Global and Others. The Company’s divisions include University of Phoenix, Apollo Global and Others. The University of Phoenix includes is a private university. The Apollo Global segment includes BPP Holdings Limited (BPP), Open Colleges Australia Pty Ltd (Open Colleges), Career Partner GmbH (Career Partner), Universidad Latinoamericana (ULA), Faculdade da Educacional da Lapa (FAEL), Apollo Global Chile S.A. (Apollo Global Chile), Milpark Education (Pty) Ltd. (Milpark Education) and India Education Services Private Ltd (India Education Services). The Others segment includes The College for Financial Planning Institutes Corporation (College for Financial Planning); Western International University, Inc; TIY Academy, LLC (The Iron Yard), and Apollo Professional Development.

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