Taglich Brothers restated their speculative buy rating on shares of Aspen Group (NASDAQ:ASPU) in a report issued on Tuesday, December 19th. Taglich Brothers also issued estimates for Aspen Group’s Q3 2018 earnings at ($0.17) EPS, Q4 2018 earnings at ($0.10) EPS, FY2018 earnings at ($0.36) EPS, Q1 2019 earnings at ($0.15) EPS, Q2 2019 earnings at ($0.11) EPS, Q3 2019 earnings at ($0.06) EPS, Q4 2019 earnings at ($0.01) EPS and FY2019 earnings at ($0.33) EPS.
Several other research analysts have also recently issued reports on ASPU. Zacks Investment Research cut shares of Aspen Group from a hold rating to a sell rating in a report on Thursday, December 14th. Roth Capital raised their target price on shares of Aspen Group from $9.60 to $12.25 and gave the stock a buy rating in a report on Thursday, December 14th.
Aspen Group (ASPU) traded down $0.26 during mid-day trading on Tuesday, hitting $8.51. 63,356 shares of the company’s stock traded hands, compared to its average volume of 52,049. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.12 and a quick ratio of 3.12. Aspen Group has a 52-week low of $3.05 and a 52-week high of $9.61. The stock has a market capitalization of $125.02, a P/E ratio of -56.73 and a beta of -0.17.
Institutional investors have recently modified their holdings of the company. P.A.W. Capital Corp bought a new position in shares of Aspen Group in the third quarter worth approximately $1,570,000. Unterberg Capital LLC bought a new position in shares of Aspen Group in the third quarter worth approximately $2,355,000. Finally, Royce & Associates LP bought a new position in shares of Aspen Group in the third quarter worth approximately $553,000. Hedge funds and other institutional investors own 5.92% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Aspen Group (ASPU) Rating Reiterated by Taglich Brothers” was first published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.truebluetribune.com/2018/01/14/aspen-group-aspu-earns-speculative-buy-rating-from-taglich-brothers.html.
Aspen Group Company Profile
Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).
Receive News & Ratings for Aspen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group and related companies with MarketBeat.com's FREE daily email newsletter.