Barrington Research Reiterates "Outperform" Rating for Perdoceo Education (NASDAQ:PRDO)

Key Points

• Perdoceo Education's stock received an "outperform" rating from Barrington Research, with a target price of $40.00, suggesting a potential upside of 38.99%.
• The company reported earnings of $0.67 per share, exceeding estimates and showing a 25.7% increase in revenue compared to the previous year.
• Insider trading revealed significant sales, with management selling over 131,474 shares in the last three months, highlighting potential shifts in confidence among executives.

Barrington Research reiterated their outperform rating on shares of Perdoceo Education (NASDAQ:PRDO - Free Report) in a report published on Friday,Benzinga reports. Barrington Research currently has a $40.00 price objective on the stock. Barrington Research also issued estimates for Perdoceo Education's Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $2.52 EPS and FY2026 earnings at $2.73 EPS.

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

Perdoceo Education Stock Up 4.4%

PRDO stock traded up $1.23 during mid-day trading on Friday, hitting $29.31. 1,005,356 shares of the company were exchanged, compared to its average volume of 598,239. 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 firm has a market cap of $1.92 billion, a P/E ratio of 12.69, a P/E/G ratio of 0.79 and a beta of 0.87. The firm's 50 day simple moving average is $31.13 and its 200 day simple moving average is $28.51. Perdoceo Education has a 1-year low of $20.55 and a 1-year high of $34.60.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last issued 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 during the quarter, compared to analysts' expectations of $206.92 million. Perdoceo Education had a net margin of 20.09% and a return on equity of 17.13%. The business's quarterly revenue was up 25.7% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. On average, sell-side analysts predict that Perdoceo Education will post 2.41 EPS for the current fiscal year.

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 issued a dividend of $0.15 per share. This is an increase 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%. The ex-dividend date of this dividend is Tuesday, September 2nd. Perdoceo Education's payout ratio is 22.51%.

Insider Activity at Perdoceo Education

In other news, SVP Sunitha Araamudhu sold 14,296 shares of Perdoceo Education stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $30.69, for a total transaction of $438,744.24. Following the completion of the sale, the senior vice president owned 34,891 shares of the company's stock, valued at approximately $1,070,804.79. This trade represents a 29.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP David C. Czeszewski sold 30,892 shares of the business's stock in a transaction dated 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 directly owned 92,129 shares of the company's stock, valued at approximately $2,916,804.14. This trade represents a 25.11% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 131,474 shares of company stock valued at $4,157,836. 2.11% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PRDO. First Trust Advisors LP boosted its holdings in Perdoceo Education by 7.9% in the fourth quarter. First Trust Advisors LP now owns 3,296,208 shares of the company's stock valued at $87,251,000 after acquiring an additional 241,147 shares during the last quarter. LSV Asset Management boosted its holdings in Perdoceo Education by 1.5% in the first quarter. LSV Asset Management now owns 1,874,274 shares of the company's stock valued at $47,194,000 after acquiring an additional 26,969 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Perdoceo Education by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 1,817,982 shares of the company's stock valued at $48,129,000 after acquiring an additional 14,591 shares during the last quarter. American Century Companies Inc. boosted its holdings in Perdoceo Education by 10.2% in the first quarter. American Century Companies Inc. now owns 1,792,952 shares of the company's stock valued at $45,147,000 after acquiring an additional 165,762 shares during the last quarter. Finally, Castlekeep Investment Advisors LLC bought a new stake in Perdoceo Education in the fourth quarter valued at approximately $47,129,000. Institutional investors and hedge funds own 93.46% of the company's stock.

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.