Brokers Offer Predictions for PRDO FY2025 Earnings

Key Points

• Barrington Research upgraded their earnings per share forecast for Perdoceo Education to $2.52 for FY2025, slightly above the previous estimate of $2.49, while maintaining an "Outperform" rating and a $40.00 price target.
• Perdoceo Education reported a quarterly EPS of $0.67, exceeding expectations and showing a 25.7% year-over-year revenue increase, totaling $209.58 million.
• The company declared a quarterly dividend of $0.15 per share, an increase from the previous $0.13, with a dividend yield of 2.0% and a payout ratio of 23.01%.

Perdoceo Education Corporation (NASDAQ:PRDO - Free Report) - Barrington Research boosted their FY2025 earnings per share (EPS) estimates for Perdoceo Education in a note issued to investors on Friday, August 1st. Barrington Research analyst A. Paris now forecasts that the company will post earnings of $2.52 per share for the year, up from their prior forecast of $2.49. Barrington Research has a "Outperform" rating and a $40.00 price objective on the stock. The consensus estimate for Perdoceo Education's current full-year earnings is $2.41 per share. Barrington Research also issued estimates for Perdoceo Education's Q4 2025 earnings at $0.54 EPS and FY2026 earnings at $2.73 EPS.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.02. The company had revenue of $209.58 million for the quarter, compared to analysts' expectations of $206.92 million. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%. The business's quarterly revenue was up 25.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share.

Separately, Wall Street Zen cut Perdoceo Education from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th.

Perdoceo Education Trading Down 3.1%

PRDO stock traded down $0.97 during trading on Monday, hitting $30.31. The company had a trading volume of 468,231 shares, compared to its average volume of 604,895. The business has a 50-day moving average of $31.04 and a 200-day moving average of $28.54. Perdoceo Education has a one year low of $20.55 and a one year high of $34.60. The stock has a market cap of $1.97 billion, a PE ratio of 13.12, a PEG ratio of 0.78 and a beta of 0.87. The company has a current ratio of 4.27, a quick ratio of 4.26 and a debt-to-equity ratio of 0.01.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. IFP Advisors Inc purchased a new stake in shares of Perdoceo Education in the 1st quarter valued at about $25,000. Quarry LP increased its stake in shares of Perdoceo Education by 223.6% during the fourth quarter. Quarry LP now owns 1,793 shares of the company's stock valued at $47,000 after buying an additional 1,239 shares during the period. New Vernon Capital Holdings II LLC purchased a new position in shares of Perdoceo Education during the fourth quarter valued at approximately $127,000. Planned Solutions Inc. bought a new position in Perdoceo Education in the second quarter worth $201,000. Finally, Contravisory Investment Management Inc. purchased a new stake in shares of Perdoceo Education in the second quarter worth $227,000. Institutional investors own 93.46% of the company's stock.

Insider Activity at Perdoceo Education

In other news, SVP Julia A. Leeman sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $32.07, for a total transaction of $160,350.00. Following the transaction, the senior vice president directly owned 29,677 shares of the company's stock, valued at $951,741.39. This represents a 14.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David C. Czeszewski sold 30,892 shares of the company's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $31.66, for a total value of $978,040.72. Following the completion of the transaction, the senior vice president owned 92,129 shares of the company's stock, valued at $2,916,804.14. This trade represents a 25.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 131,474 shares of company stock valued at $4,157,836 over the last three months. 2.11% of the stock is currently owned by company insiders.

Perdoceo Education Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This is a positive change from Perdoceo Education's previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.0%. Perdoceo Education's payout ratio is currently 25.97%.

Perdoceo Education Company Profile

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.