Perdoceo Education (NASDAQ:PRDO - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.480-2.550 for the period, compared to the consensus estimate of 2.490. The company issued revenue guidance of -. Perdoceo Education also updated its Q3 2025 guidance to 0.600-0.620 EPS.
Perdoceo Education Stock Up 0.5%
Shares of PRDO traded up $0.13 during midday trading on Thursday, reaching $28.78. The stock had a trading volume of 826,485 shares, compared to its average volume of 584,111. Perdoceo Education has a 1-year low of $20.55 and a 1-year high of $34.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.46 and a quick ratio of 4.43. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 12.73, a PEG ratio of 0.76 and a beta of 0.83. The company's fifty day simple moving average is $31.26 and its two-hundred day simple moving average is $28.46.
Perdoceo Education (NASDAQ:PRDO - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.02. Perdoceo Education had a net margin of 20.91% and a return on equity of 17.10%. Equities research analysts expect that Perdoceo Education will post 2.41 earnings per share for the current year.
Wall Street Analysts Forecast Growth
PRDO has been the topic of several recent research reports. Wall Street Zen lowered shares of Perdoceo Education from a "strong-buy" rating to a "buy" rating in a research report on Monday, May 5th. Barrington Research reiterated an "outperform" rating and issued a $40.00 price objective on shares of Perdoceo Education in a research report on Tuesday, July 22nd.
Get Our Latest Research Report on Perdoceo Education
Insiders Place Their Bets
In other Perdoceo Education news, insider Michele A. Peppers sold 13,091 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $30.00, for a total value of $392,730.00. Following the transaction, the insider directly owned 49,914 shares in the company, valued at $1,497,420. This represents a 20.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Sunitha Araamudhu sold 14,296 shares of Perdoceo Education stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $30.69, for a total value of $438,744.24. Following the completion of the sale, the senior vice president owned 34,891 shares in the company, valued at approximately $1,070,804.79. This represents a 29.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 144,565 shares of company stock valued at $4,550,566. 2.11% of the stock is currently owned by insiders.
Institutional Trading of Perdoceo Education
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its position in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company's stock worth $38,964,000 after buying an additional 513,599 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Perdoceo Education by 117.5% in the first quarter. Jane Street Group LLC now owns 267,312 shares of the company's stock valued at $6,731,000 after acquiring an additional 144,395 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company's stock valued at $1,417,000 after acquiring an additional 1,235 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of Perdoceo Education by 19.2% in the first quarter. Royal Bank of Canada now owns 10,663 shares of the company's stock valued at $269,000 after acquiring an additional 1,717 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.
About Perdoceo Education
(
Get Free Report)
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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