Perdoceo Education (NASDAQ:PRDO) Earns "Buy (B)" Rating from Weiss Ratings

Key Points

• Perdoceo Education has received a "Buy (B)" rating from Weiss Ratings and an increased price target from Barrington Research, now set at $42.00.
• The company's recent quarterly earnings surpassed estimates, reporting $0.67 EPS against a consensus of $0.65, with revenue of $209.58 million representing a 25.7% year-over-year increase.
• Recent insider activity includes the sale of over 205,656 shares by executives, indicating decreased ownership stakes, with corporate insiders holding 2.11% of the stock.

Perdoceo Education (NASDAQ:PRDO - Get Free Report)'s stock had its "buy (b)" rating restated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Barrington Research lifted their price objective on Perdoceo Education from $40.00 to $42.00 and gave the company an "outperform" rating in a research report on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $42.00.

Perdoceo Education Stock Performance

Perdoceo Education stock opened at $35.10 on Wednesday. The stock's 50 day simple moving average is $33.55 and its two-hundred day simple moving average is $30.77. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.26 and a current ratio of 4.27. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 15.19, a PEG ratio of 0.92 and a beta of 0.88. Perdoceo Education has a fifty-two week low of $20.55 and a fifty-two week high of $38.02.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. The business 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 revenue was up 25.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.60 EPS. Perdoceo Education has set its Q3 2025 guidance at 0.600-0.620 EPS. FY 2025 guidance at 2.480-2.550 EPS. As a group, analysts expect that Perdoceo Education will post 2.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Greg E. Jansen sold 30,234 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $33.00, for a total value of $997,722.00. Following the transaction, the senior vice president directly owned 96,279 shares of the company's stock, valued at approximately $3,177,207. This represents a 23.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Elise Baskel sold 21,212 shares of the company's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $35.00, for a total value of $742,420.00. Following the completion of the transaction, the senior vice president directly owned 72,142 shares in the company, valued at $2,524,970. This trade represents a 22.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 205,656 shares of company stock worth $6,871,148 over the last three months. Corporate insiders own 2.11% of the company's stock.

Hedge Funds Weigh In On Perdoceo Education

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PRDO. IFP Advisors Inc bought a new position in Perdoceo Education in the 1st quarter valued at approximately $25,000. GAMMA Investing LLC lifted its position in Perdoceo Education by 59.0% in the 3rd quarter. GAMMA Investing LLC now owns 1,776 shares of the company's stock valued at $67,000 after acquiring an additional 659 shares in the last quarter. Planned Solutions Inc. bought a new position in Perdoceo Education in the 2nd quarter valued at approximately $201,000. Jefferies Financial Group Inc. bought a new position in Perdoceo Education in the 1st quarter valued at approximately $206,000. Finally, EMC Capital Management bought a new position in Perdoceo Education in the 2nd quarter valued at approximately $208,000. 93.46% of the stock is owned by institutional investors.

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.

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