NASDAQ:PRDO

Perdoceo Education (PRDO) Stock Forecast, Price & News

$11.93

-0.08 (-0.67%)

(As of 05/26/2023 ET)

Compare

Today's Range: $11.87
▼
$12.04
50-Day Range: $11.81
▼
$13.62
52-Week Range: $9.87
▼
$15.65

Volume: 230,314 shs
Average Volume: 321,399 shs
Market Capitalization: $805.28 million

P/E Ratio: 8.40
Dividend Yield: N/A
Price Target: $19.00

Perdoceo Education MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 59.3% Upside
$19.00 Price Target
Short Interest: Healthy
4.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.22
Based on 5 Articles This Week
Insider Trading: Selling Shares
$1.38 M Sold Last Quarter
Proj. Earnings Growth: 7.34%
From $1.77 to $1.90 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.17 out of 5 stars

Consumer Discretionary Sector

8th out of 276 stocks

Educational Services Industry

2nd out of 23 stocks

3.5

Analyst's Opinion

Consensus Rating
Perdoceo Education has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, Perdoceo Education has a forecasted upside of 59.3% from its current price of $11.93.
Amount of Analyst Coverage
Perdoceo Education has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.21% of the float of Perdoceo Education has been sold short.
Short Interest Ratio / Days to Cover
Perdoceo Education has a short interest ratio ("days to cover") of 7.3.
Change versus previous month
Short interest in Perdoceo Education has recently decreased by 8.05%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Perdoceo Education does not currently pay a dividend.
Dividend Growth
Perdoceo Education does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRDO.

4.0

News and Social Media Coverage

News Sentiment
Perdoceo Education has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Perdoceo Education this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for PRDO on MarketBeat in the last 30 days.
MarketBeat Follows
2 people have added Perdoceo Education to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Perdoceo Education insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,376,109.00 in company stock.
Percentage Held by Insiders
Only 2.73% of the stock of Perdoceo Education is held by insiders.
Percentage Held by Institutions
91.01% of the stock of Perdoceo Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Perdoceo Education are expected to grow by 7.34% in the coming year, from $1.77 to $1.90 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perdoceo Education is 8.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perdoceo Education is 8.40, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.52.
Price to Earnings Growth Ratio
Perdoceo Education has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Perdoceo Education has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Perdoceo Education (NASDAQ:PRDO) Stock

Perdoceo Education Corp. engages in the provision of educational services. It operates through the Colorado Technical University (CTU) and American InterContinental University (AIU) segments. The CTU segment offers academic programs in the disciplines of business studies, nursing, computer science, engineering, information systems and technology, cybersecurity and healthcare management. The AIU segment provides academic programs in the disciplines of business studies, information technologies, education and criminal justice. The company was founded on January 5, 1994 and is headquartered in Schaumburg, IL.

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PRDO Stock News Headlines

May 24, 2023 | finance.yahoo.com

PRDO or STRA: Which Is the Better Value Stock Right Now?

May 23, 2023 | finance.yahoo.com

Returns On Capital At Perdoceo Education (NASDAQ:PRDO) Paint A Concerning Picture

May 28, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 11, 2023 | finance.yahoo.com

4 Stocks From a Buoyant Schools Industry to Buy for Higher Returns

May 9, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Perdoceo Education Co. Boosted by Analyst (NASDAQ:PRDO)

May 7, 2023 | seekingalpha.com

Perdoceo Education Q1 results beat estimates, co provides Q2, FY 2023 guidance

May 5, 2023 | marketwatch.com

8-K: PERDOCEO EDUCATION Corp

May 4, 2023 | msn.com

Perdoceo Education (PRDO) Q1 Earnings and Revenues Surpass Estimates

May 28, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 4, 2023 | finance.yahoo.com

Perdoceo Education Corporation Announces First Quarter 2023 Results

May 2, 2023 | americanbankingnews.com

Perdoceo Education (PRDO) Scheduled to Post Quarterly Earnings on Thursday

April 22, 2023 | americanbankingnews.com

Perdoceo Education Co. (NASDAQ:PRDO) SVP Sells $134,300.00 in Stock

April 19, 2023 | morningstar.com

Perdoceo Education Corp PRDO Stock Quote

April 17, 2023 | finance.yahoo.com

Perdoceo Education Corporation Schedules First Quarter Earnings Conference Call for May 4th

April 3, 2023 | msn.com

PRDO vs. STRA: Which Stock Is the Better Value Option?

April 3, 2023 | markets.businessinsider.com

Barrington Keeps Their Buy Rating on Perdoceo Education (PRDO)

March 26, 2023 | americanbankingnews.com

Perdoceo Education Co. (NASDAQ:PRDO) Chairman Sells $333,500.00 in Stock

March 22, 2023 | americanbankingnews.com

Perdoceo Education Co. (NASDAQ:PRDO) Chairman Todd S. Nelson Sells 25,000 Shares of Stock

February 25, 2023 | seekingalpha.com

Perdoceo Education Corporation (PRDO) Q4 2022 Earnings Call Transcript

February 24, 2023 | bizjournals.com

Coding Dojo acquired by for-profit school operator in $52.8M deal

February 23, 2023 | finance.yahoo.com

Perdoceo Education Corporation Reports Fourth Quarter and Full Year 2022 Results

February 19, 2023 | marketwatch.com

Education & Training Market : Top Key Players Data with Upcoming Opportunities and Innovations

February 12, 2023 | finance.yahoo.com

Why Perdoceo Education Corporation (NASDAQ:PRDO) Could Be Worth Watching

February 9, 2023 | marketwatch.com

Education & Training Market Demand and Competitive Analysis by Key Players to 2029

February 2, 2023 | finance.yahoo.com

Perdoceo Education Corporation Schedules Fourth Quarter Earnings Conference Call for February 23rd

January 26, 2023 | marketwatch.com

Education & Training Market: Pronounce Growth Rate by Industry Segments, Future Trends and Top Countries data by 2029

January 9, 2023 | seekingalpha.com

Changing My Tune On Perdoceo Education

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PRDO Company Calendar

Last Earnings: 5/04/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Educational services
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:PRDO
CUSIP: N/A
CIK: 1046568
Web: www.perdoceoed.com
Phone: (847) 781-3600
Fax: 847-781-3610
Employees: 4,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $19.00
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +59.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.42
Trailing P/E Ratio: 8.40
Forward P/E Ratio: 6.74
P/E Growth: 0.45
Net Income: $95.87 million
Net Margins: 13.88%
Pretax Margin: 19.42%
Return on Equity: 16.28%
Return on Assets: 12.78%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.33
Quick Ratio: 4.30

Sales & Book Value

Annual Sales: $695.21 million
Price / Sales: 1.16
Cash Flow: $1.97 per share
Price / Cash Flow: 6.06
Book Value: $11.28 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 67,500,000
Free Float: 65,657,000
Market Cap: $805.28 million
Optionable: Optionable
Beta: 1.20

Key Executives

Andrew H. Hurst
President, Chief Executive Officer & Director

Ashish R. Ghia
Chief Financial Officer & Senior Vice President

Dave C. Czeszewski
Chief Information Officer & Senior Vice President

Greg E. Jansen
Secretary, Senior Vice President & General Counsel

Michele A. Peppers
Chief Accounting Officer & Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRDO Stock - Frequently Asked Questions

Should I buy or sell Perdoceo Education stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Perdoceo Education in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRDO shares.
View PRDO analyst ratings or view top-rated stocks.
What is Perdoceo Education's stock price forecast for 2023?: 1 analysts have issued twelve-month price objectives for Perdoceo Education's stock. Their PRDO share price forecasts range from $19.00 to $19.00. On average, they expect the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 59.3% from the stock's current price.
View analysts price targets for PRDO or view top-rated stocks among Wall Street analysts.
How have PRDO shares performed in 2023?: Perdoceo Education's stock was trading at $13.90 on January 1st, 2023. Since then, PRDO shares have decreased by 14.2% and is now trading at $11.93.
View the best growth stocks for 2023 here.
When is Perdoceo Education's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our PRDO earnings forecast.
How were Perdoceo Education's earnings last quarter?: Perdoceo Education Co. (NASDAQ:PRDO) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The firm had revenue of $195.60 million for the quarter, compared to analysts' expectations of $189.36 million. Perdoceo Education had a trailing twelve-month return on equity of 16.28% and a net margin of 13.88%. The company's revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 earnings per share.
What ETFs hold Perdoceo Education's stock?: ETFs with the largest weight of Perdoceo Education (NASDAQ:PRDO) stock in their portfolio include Invesco DWA Consumer Staples Momentum ETF (PSL), Cambria Value and Momentum ETF (VAMO), ETC 6 Meridian Small Cap Equity ETF (SIXS), Conductor Global Equity Value ETF (CGV), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), First Trust Active Factor Small Cap ETF (AFSM) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
What guidance has Perdoceo Education issued on next quarter's earnings?: Perdoceo Education issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $0.51-$0.53 for the period, compared to the consensus estimate of $0.45. The company issued revenue guidance of -.

What other stocks do shareholders of Perdoceo Education own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Perdoceo Education investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Extreme Networks (EXTR), Freeport-McMoRan (FCX), FireEye (FEYE), Gilead Sciences (GILD), OPKO Health (OPK), Alto Ingredients (PEIX) and VBI Vaccines (VBIV).
What is Perdoceo Education's stock symbol?: Perdoceo Education trades on the NASDAQ under the ticker symbol "PRDO."
Who are Perdoceo Education's major shareholders?: Perdoceo Education's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.41%), Dimensional Fund Advisors LP (7.08%), Renaissance Technologies LLC (6.23%), State Street Corp (3.89%), Frontier Capital Management Co. LLC (3.18%) and Private Management Group Inc. (2.00%). Insiders that own company stock include Andrew Hurst, Ashish R Ghia, David C Czeszewski, Elise Baskel, Jeffrey David Ayers, John Robert Kline, Leslie T Thornton, Michele A Peppers, Patrick W Gross, Rajesh Vashist, Thomas B Lally and Todd S Nelson.
View institutional ownership trends.
How do I buy shares of Perdoceo Education?: Shares of PRDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Perdoceo Education's stock price today?: One share of PRDO stock can currently be purchased for approximately $11.93.
How much money does Perdoceo Education make?: Perdoceo Education (NASDAQ:PRDO) has a market capitalization of $805.28 million and generates $695.21 million in revenue each year. The company earns $95.87 million in net income (profit) each year or $1.42 on an earnings per share basis.
How many employees does Perdoceo Education have?: The company employs 4,500 workers across the globe.
How can I contact Perdoceo Education?: Perdoceo Education's mailing address is 231 NORTH MARTINGALE ROAD, SCHAUMBURG IL, 60173. The official website for the company is www.perdoceoed.com. The company can be reached via phone at (847) 781-3600, via email at prdo@alpha-ir.com, or via fax at 847-781-3610.

This page (NASDAQ:PRDO) was last updated on 5/28/2023 by MarketBeat.com Staff

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