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NASDAQ:PRDO

Perdoceo Education (PRDO) Stock Price, News & Analysis

Perdoceo Education logo
$22.35
-0.02 (-0.09%)
(As of 10/31/2024 ET)

About Perdoceo Education Stock (NASDAQ:PRDO)

Key Stats

Today's Range
$22.35
$22.97
50-Day Range
$20.61
$22.88
52-Week Range
$16.12
$26.40
Volume
330,249 shs
Average Volume
463,797 shs
Market Capitalization
$1.47 billion
P/E Ratio
10.96
Dividend Yield
2.33%
Price Target
$30.00
Consensus Rating
Buy

Company Overview

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.

Perdoceo Education Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
82nd Percentile Overall Score

PRDO MarketRank™: 

Perdoceo Education scored higher than 82% of companies evaluated by MarketBeat, and ranked 67th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Perdoceo Education has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Perdoceo Education has only been the subject of 1 research reports in the past 90 days.

  • Read more about Perdoceo Education's stock forecast and price target.
  • Earnings Growth

    Earnings for Perdoceo Education are expected to grow by 6.85% in the coming year, from $2.19 to $2.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Perdoceo Education is 10.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Perdoceo Education is 10.96, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.75.

  • Price to Earnings Growth Ratio

    Perdoceo Education has a PEG Ratio of 0.65. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Perdoceo Education has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Perdoceo Education's valuation and earnings.
  • Percentage of Shares Shorted

    8.05% of the float of Perdoceo Education has been sold short.
  • Short Interest Ratio / Days to Cover

    Perdoceo Education has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Perdoceo Education has recently increased by 1.89%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Perdoceo Education pays a meaningful dividend of 2.46%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Perdoceo Education does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Perdoceo Education is 25.49%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Perdoceo Education will have a dividend payout ratio of 22.22% next year. This indicates that Perdoceo Education will be able to sustain or increase its dividend.

  • Read more about Perdoceo Education's dividend.
  • Percentage of Shares Shorted

    8.05% of the float of Perdoceo Education has been sold short.
  • Short Interest Ratio / Days to Cover

    Perdoceo Education has a short interest ratio ("days to cover") of 12.5, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Perdoceo Education has recently increased by 1.89%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Perdoceo Education has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Perdoceo Education this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for PRDO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Perdoceo Education to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Perdoceo Education insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,044,656.00 in company stock.

  • Percentage Held by Insiders

    Only 1.81% of the stock of Perdoceo Education is held by insiders.

  • Percentage Held by Institutions

    93.46% of the stock of Perdoceo Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Perdoceo Education's insider trading history.
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PRDO Stock News Headlines

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PRDO Stock Analysis - Frequently Asked Questions

Perdoceo Education's stock was trading at $17.56 on January 1st, 2024. Since then, PRDO shares have increased by 27.3% and is now trading at $22.35.
View the best growth stocks for 2024 here
.

Perdoceo Education Co. (NASDAQ:PRDO) announced its quarterly earnings results on Wednesday, July, 31st. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.02. The company's quarterly revenue was down 10.6% on a year-over-year basis.

Top institutional investors of Perdoceo Education include Private Management Group Inc. (0.83%), Principal Financial Group Inc. (0.47%), Exchange Traded Concepts LLC (0.31%) and Robeco Institutional Asset Management B.V. (0.26%). Insiders that own company stock include Todd S Nelson, Andrew Hurst, Ashish R Ghia, John Robert Kline, David C Czeszewski, Elise Baskel, Michele A Peppers, Thomas B Lally, Patrick W Gross, Gregory L Jackson, Leslie T Thornton, William Dean Hansen and Jeffrey David Ayers.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Perdoceo Education investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+34.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$147.65 million
Pretax Margin
26.60%

Debt

Sales & Book Value

Annual Sales
$662.85 million
Cash Flow
$2.55 per share
Book Value
$12.81 per share

Miscellaneous

Free Float
64,484,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
1.04
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This page (NASDAQ:PRDO) was last updated on 10/31/2024 by MarketBeat.com Staff
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