Aspen Group (ASPU) Announces Quarterly Earnings Results

Aspen Group (NASDAQ:ASPU) released its quarterly earnings data on Thursday. The technology company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.14), reports. Aspen Group had a negative return on equity of 35.74% and a negative net margin of 21.59%.

Shares of Aspen Group traded up $0.02, reaching $7.36, during midday trading on Thursday, reports. 68,200 shares of the company’s stock were exchanged, compared to its average volume of 40,534. The company has a market capitalization of $131.59 million, a price-to-earnings ratio of -73.60 and a beta of 0.71. Aspen Group has a 12 month low of $5.35 and a 12 month high of $9.61. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.64 and a current ratio of 1.64.

ASPU has been the subject of a number of analyst reports. ValuEngine raised shares of Aspen Group from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research raised shares of Aspen Group from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. Finally, Roth Capital reaffirmed a “buy” rating on shares of Aspen Group in a report on Tuesday, April 24th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Aspen Group presently has a consensus rating of “Buy” and an average target price of $10.75.

Aspen Group Company Profile

Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, business, education, technology, and professional studies. As of April 30, 2017, it had 4,681 degree-seeking students enrolled.

Earnings History for Aspen Group (NASDAQ:ASPU)

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