NASDAQ:PRDO

Perdoceo Education (PRDO) Stock Price, News & Analysis

$24.11
+5.77 (+31.46%)
(As of 05/2/2024 ET)
Today's Range
$19.71
$24.18
50-Day Range
$16.84
$24.11
52-Week Range
$11.50
$24.18
Volume
2.18 million shs
Average Volume
527,010 shs
Market Capitalization
$1.58 billion
P/E Ratio
11.06
Dividend Yield
1.82%
Price Target
$25.00

Perdoceo Education MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.7% Upside
$25.00 Price Target
Short Interest
Bearish
5.22% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Perdoceo Education in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$1.34 M Sold Last Quarter
Proj. Earnings Growth
8.49%
From $2.12 to $2.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.72 out of 5 stars

Consumer Discretionary Sector

162nd out of 267 stocks

Educational Services Industry

14th out of 22 stocks

PRDO stock logo

About Perdoceo Education Stock (NASDAQ:PRDO)

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice. The American InterContinental University System segment provides academic programs, including business studies, information technologies, education, and health sciences. The company also offers non-degree and professional development programs. In addition, it operates intellipath, a learning platform used to educate students; and a mobile application and two-way messaging platform. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is headquartered in Schaumburg, Illinois.

PRDO Stock Price History

PRDO Stock News Headlines

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Perdoceo Education (NASDAQ:PRDO) Downgraded by StockNews.com
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Perdoceo Education (NASDAQ: PRDO)
Perdoceo Education Corp.
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
5/01/2024
Today
5/02/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:PRDO
Employees
4,350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$25.00
Low Stock Price Target
$25.00
Potential Upside/Downside
-4.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$147.65 million
Pretax Margin
27.06%

Debt

Sales & Book Value

Annual Sales
$710 million
Cash Flow
$3.19 per share
Book Value
$12.81 per share

Miscellaneous

Free Float
64,412,000
Market Cap
$1.58 billion
Optionable
Optionable
Beta
0.92
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Key Executives

  • Mr. Todd S. Nelson (Age 65)
    President, CEO & Director
    Comp: $2.47M
  • Mr. Ashish R. Ghia (Age 46)
    Senior VP, Treasurer & CFO
    Comp: $1.21M
  • Mr. Greg E. Jansen (Age 49)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $833.14k
  • Mr. John R. Kline (Age 61)
    Senior Vice President of American InterContinental University System
    Comp: $857.7k
  • Ms. Elise L. Baskel (Age 46)
    Senior Vice President of Colorado Technical University
    Comp: $803.68k
  • Ms. Michele A. Peppers (Age 48)
    VP & Chief Accounting Officer
  • Mr. David C. Czeszewski (Age 60)
    Senior VP & Chief Information Officer
    Comp: $712k
  • Ms. Christina Kline
    Chief Marketing Officer
  • Mr. George Philip Miller III
    Ed.D., President of Atlanta Campus - American Intercontinental University

PRDO Stock Analysis - Frequently Asked Questions

Should I buy or sell Perdoceo Education stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Perdoceo Education in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" PRDO shares.
View PRDO analyst ratings
or view top-rated stocks.

What is Perdoceo Education's stock price target for 2024?

1 analysts have issued twelve-month target prices for Perdoceo Education's stock. Their PRDO share price targets range from $25.00 to $25.00. On average, they expect the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price.
View analysts price targets for PRDO
or view top-rated stocks among Wall Street analysts.

How have PRDO shares performed in 2024?

Perdoceo Education's stock was trading at $17.56 at the start of the year. Since then, PRDO shares have increased by 37.3% and is now trading at $24.11.
View the best growth stocks for 2024 here
.

Are investors shorting Perdoceo Education?

Perdoceo Education saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,310,000 shares, an increase of 25.9% from the March 31st total of 2,630,000 shares. Based on an average daily trading volume, of 539,400 shares, the short-interest ratio is presently 6.1 days. Approximately 5.2% of the shares of the stock are sold short.
View Perdoceo Education's Short Interest
.

When is Perdoceo Education's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our PRDO earnings forecast
.

How were Perdoceo Education's earnings last quarter?

Perdoceo Education Co. (NASDAQ:PRDO) announced its quarterly earnings results on Wednesday, May, 1st. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.07. The company had revenue of $168.30 million for the quarter, compared to analyst estimates of $163.30 million. Perdoceo Education had a trailing twelve-month return on equity of 17.63% and a net margin of 20.80%. The company's quarterly revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS.

How often does Perdoceo Education pay dividends? What is the dividend yield for Perdoceo Education?

Perdoceo Education declared a quarterly dividend on Friday, February 2nd. Shareholders of record on Friday, March 1st will be paid a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for PRDO
.

Is Perdoceo Education a good dividend stock?

Perdoceo Education (NASDAQ:PRDO) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.40%. The dividend payout ratio is 20.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 19.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRDO.

What guidance has Perdoceo Education issued on next quarter's earnings?

Perdoceo Education updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 2.110-2.270 for the period, compared to the consensus estimate of 2.120. The company issued revenue guidance of -.

What other stocks do shareholders of Perdoceo Education own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Perdoceo Education investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Extreme Networks (EXTR), Freeport-McMoRan (FCX), FireEye (FEYE), Gilead Sciences (GILD), OPKO Health (OPK), Alto Ingredients (PEIX) and VBI Vaccines (VBIV).

Who are Perdoceo Education's major shareholders?

Perdoceo Education's stock is owned by a number of retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (0.54%), Denali Advisors LLC (0.25%), New York State Teachers Retirement System (0.21%), Hussman Strategic Advisors Inc. (0.14%), Prairiewood Capital LLC (0.13%) and Allspring Global Investments Holdings LLC (0.12%). Insiders that own company stock include Andrew Hurst, Ashish R Ghia, David C Czeszewski, Elise Baskel, Jeffrey David Ayers, John Robert Kline, Leslie T Thornton, Michele A Peppers, Patrick W Gross, Rajesh Vashist, Thomas B Lally and Todd S Nelson.
View institutional ownership trends
.

How do I buy shares of Perdoceo Education?

Shares of PRDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRDO) was last updated on 5/2/2024 by MarketBeat.com Staff

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