Perdoceo Education (PRDO) Expected to Announce Earnings on Thursday

Perdoceo Education (NASDAQ:PRDO - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.65 per share and revenue of $206.92 million for the quarter. Perdoceo Education has set its FY 2025 guidance at 2.400-2.560 EPS and its Q2 2025 guidance at 0.640-0.660 EPS.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.66 by $0.04. The firm had revenue of $213.00 million during the quarter, compared to analyst estimates of $207.97 million. Perdoceo Education had a return on equity of 17.10% and a net margin of 20.91%. Perdoceo Education's revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 EPS. 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 Performance

Shares of NASDAQ:PRDO traded down $0.08 during midday trading on Friday, hitting $28.45. The company had a trading volume of 589,298 shares, compared to its average volume of 681,921. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 12.59, a PEG ratio of 0.76 and a beta of 0.83. 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 fifty day moving average of $31.42 and a two-hundred day moving average of $28.42. Perdoceo Education has a 12-month low of $20.55 and a 12-month high of $34.60.

Perdoceo Education Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Sunday, June 1st were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend was Friday, May 30th. Perdoceo Education's dividend payout ratio is currently 23.01%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PRDO. Wall Street Zen downgraded shares of Perdoceo Education from a "strong-buy" rating to a "buy" rating in a report on Monday, May 5th. Barrington Research reaffirmed an "outperform" rating and issued a $40.00 target price on shares of Perdoceo Education in a report on Tuesday, July 22nd.

Insider Buying and Selling at Perdoceo Education

In other Perdoceo Education news, SVP Sunitha Araamudhu sold 14,296 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $30.69, for a total transaction of $438,744.24. Following the completion of the transaction, the senior vice president owned 34,891 shares of the company's stock, valued at $1,070,804.79. This represents a 29.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William Dean Hansen sold 5,994 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $31.56, for a total transaction of $189,170.64. Following the transaction, the director directly owned 44,171 shares of the company's stock, valued at $1,394,036.76. This trade represents a 11.95% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 144,565 shares of company stock worth $4,550,566. Insiders own 2.11% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in shares of Perdoceo Education by 19.2% during the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company's stock valued at $269,000 after buying an additional 1,717 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Perdoceo Education by 2.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company's stock valued at $1,417,000 after buying an additional 1,235 shares in the last quarter. Jane Street Group LLC raised its position in shares of Perdoceo Education by 117.5% during the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company's stock valued at $6,731,000 after buying an additional 144,395 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Perdoceo Education by 49.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company's stock valued at $38,964,000 after buying an additional 513,599 shares in the last quarter. Institutional investors own 93.46% of the company's stock.

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.