Perdoceo Education (PRDO) Expected to Announce Earnings on Thursday

Perdoceo Education (NASDAQ:PRDO - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect Perdoceo Education to post earnings of $0.66 per share and revenue of $207.97 million for the quarter. Perdoceo Education has set its FY 2025 guidance at 2.310-2.510 EPS and its Q1 2025 guidance at 0.640-0.670 EPS.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The business had revenue of $176.43 million during the quarter, compared to the consensus estimate of $160.12 million. Perdoceo Education had a return on equity of 16.85% and a net margin of 21.66%. On average, analysts expect Perdoceo Education to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Perdoceo Education Stock Down 0.3 %

NASDAQ:PRDO traded down $0.09 during mid-day trading on Tuesday, hitting $24.89. The stock had a trading volume of 22,283 shares, compared to its average volume of 473,030. The company has a current ratio of 4.84, a quick ratio of 5.45 and a debt-to-equity ratio of 0.01. Perdoceo Education has a twelve month low of $18.10 and a twelve month high of $29.84. The company has a market capitalization of $1.63 billion, a PE ratio of 11.34, a PEG ratio of 0.75 and a beta of 0.87. The stock has a 50-day simple moving average of $25.36 and a two-hundred day simple moving average of $25.87.

Perdoceo Education Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 13th. Investors of record on Saturday, March 1st were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.09%. Perdoceo Education's payout ratio is currently 23.64%.

Insider Buying and Selling at Perdoceo Education

In related news, CFO Ashish R. Ghia sold 6,236 shares of the company's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $25.00, for a total value of $155,900.00. Following the completion of the sale, the chief financial officer now owns 252,130 shares in the company, valued at $6,303,250. This represents a 2.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Elise Baskel sold 17,818 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $24.16, for a total value of $430,482.88. Following the transaction, the senior vice president now directly owns 93,354 shares in the company, valued at approximately $2,255,432.64. This represents a 16.03 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 110,691 shares of company stock worth $2,774,669. 2.11% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on PRDO. StockNews.com raised Perdoceo Education from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, February 11th. Barrington Research reiterated an "outperform" rating and set a $35.00 price target on shares of Perdoceo Education in a research note on Thursday, April 24th.

About Perdoceo Education

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.