NEW YORK (TheStreet) -- Apollo Education Group (APOL) shares are down -1.45% to $29.11 on Tuesday after the company disclosed that the Education Department will be conducting a Title IV review of the education company's student financial aid programs.
However, analysts at Piper Jaffray (PJC) caution that such actions by the Education Department are not out of the ordinary at for-profit education institutions.
Analysts also noted that the company went through the same review in 2012 and easily passed.
Must Read: 20 Most Volatile Post-Earnings Stocks
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreet Ratings team rates APOLLO EDUCATION GROUP INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate APOLLO EDUCATION GROUP INC (APOL) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share."
Highlights from the analysis by TheStreet Ratings Team goes as follows: