Should I buy or sell Perdoceo Education stock right now?

1 Wall Street equities 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 equities 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 target for 2024?

1 Wall Street analysts have issued 12 month target prices for Perdoceo Education's stock. Their PRDO share price targets range from $23.00 to $23.00. On average, they anticipate the company's share price to reach $23.00 in the next year. This suggests a possible upside of 27.9% 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 at the start of the year. Since then, PRDO stock has increased by 29.4% and is now trading at $17.98. 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 Thursday, February 22nd 2024. View our PRDO earnings forecast .

How were Perdoceo Education's earnings last quarter?

Perdoceo Education Co. (NASDAQ:PRDO) issued its quarterly earnings data on Thursday, November, 2nd. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.15. The firm had revenue of $179.92 million for the quarter, compared to analyst estimates of $167.58 million. Perdoceo Education had a net margin of 19.83% and a trailing twelve-month return on equity of 18.74%.

How often does Perdoceo Education pay dividends? What is the dividend yield for Perdoceo Education?

Perdoceo Education announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, November 30th. Read our dividend analysis for PRDO .

Is Perdoceo Education a good dividend stock?

Perdoceo Education (NASDAQ:PRDO) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.45%. The dividend payout ratio is 20.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 20.95% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRDO .

What ETFs hold Perdoceo Education's stock?

ETFs with the largest weight of Perdoceo Education (NASDAQ:PRDO) stock in their portfolio include EA Series Trust - Euclidean Fundamental Value ETF (ECML) and Roundhill Acquirers Deep Value ETF (DEEP) . First Trust Active Factor Small Cap ETF (AFSM) .

What guidance has Perdoceo Education issued on next quarter's earnings?

Perdoceo Education issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.03-2.06 for the period, compared to the consensus earnings per share estimate of $1.92.

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) .

Who are Perdoceo Education's major shareholders?

Perdoceo Education's stock is owned by a variety of institutional and retail investors. Top institutional investors include Private Management Group Inc. (1.94%), Northern Trust Corp (1.75%), Morgan Stanley (1.69%), American Century Companies Inc. (1.58%), Invesco Ltd. (1.57%) and Charles Schwab Investment Management Inc. (1.42%). 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 .

Perdoceo Education (PRDO) Stock Price, News & Analysis

$18.01

-0.38 (-2.07%)

(As of 05:08 PM ET)

Compare

Today's Range: $17.83
▼
$18.45
50-Day Range: $16.84
▼
$18.53
52-Week Range: $11.50
▼
$19.62

Volume: 373,998 shs
Average Volume: 399,957 shs
Market Capitalization: $1.18 billion

P/E Ratio: 8.38
Dividend Yield: 2.44%
Price Target: $23.00

Perdoceo Education MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 27.9% Upside
$23.00 Price Target
Short Interest: Healthy
2.61% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: Selling Shares
$225,120 Sold Last Quarter
Proj. Earnings Growth: 1.94%
From $2.06 to $2.10 Per Share

Overall MarketRank^™

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

3.18 out of 5 stars

Consumer Discretionary Sector

5th out of 240 stocks

Educational Services Industry

1st out of 21 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 $23.00, Perdoceo Education has a forecasted upside of 27.9% from its current price of $17.98.
Amount of Analyst Coverage
Perdoceo Education has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.61% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Perdoceo Education has recently decreased by 8.79%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Perdoceo Education pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Perdoceo Education does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Perdoceo Education is 20.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Perdoceo Education will have a dividend payout ratio of 20.95% next year. This indicates that Perdoceo Education will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

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

1.8

News and Social Media Coverage

News Sentiment
Perdoceo Education has a news sentiment score of 0.30. 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 lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Perdoceo Education this week, compared to 2 articles on an average week.
Search Interest
6 people have searched for PRDO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Perdoceo Education to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% 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 $225,120.00 in company stock.
Percentage Held by Insiders
Only 2.73% of the stock of Perdoceo Education is held by insiders.
Percentage Held by Institutions
93.44% of the stock of Perdoceo Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Perdoceo Education are expected to grow by 1.94% in the coming year, from $2.06 to $2.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perdoceo Education is 8.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perdoceo Education is 8.36, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.51.
Price to Earnings Growth Ratio
Perdoceo Education has a PEG Ratio of 0.60. 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 1.66. 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 Stock (NASDAQ:PRDO)

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates in two segments, Colorado Technical University and The American InterContinental University System. It offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice, as well as business studies, information technologies, education, and health sciences. The company also operates intellipath, a personalized learning platform; and a mobile application and two-way messaging platform. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. The company was incorporated in 1994 and is based in Schaumburg, Illinois.

PRDO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRDO Stock News Headlines

December 11, 2023 | msn.com

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

December 5, 2023 | americanbankingnews.com

Perdoceo Education (NASDAQ:PRDO) Receives Outperform Rating from Barrington Research

December 11, 2023 | Edge On The Street (Ad)

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November 27, 2023 | msn.com

Perdoceo Education (PRDO) Price Target Increased by 9.52% to 23.46

November 26, 2023 | finance.yahoo.com

Perdoceo Education Corporation (NASDAQ:PRDO) Passed Our Checks, And It's About To Pay A US$0.11 Dividend

November 24, 2023 | msn.com

Is Perdoceo Education (PRDO) a Great Value Stock Right Now?

November 22, 2023 | msn.com

4 Stocks With Rising Cash Flows to Buy This Thanksgiving Week

November 22, 2023 | finance.yahoo.com

Insider Sell Alert: Perdoceo Education Corp's CEO Todd Nelson Unloads Shares

December 11, 2023 | DTI Trader (Ad)

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November 13, 2023 | finance.yahoo.com

Zacks.com featured highlights include e.l.f. Beauty, Lamb Weston, Perdoceo Education, NVIDIA and VICI Properties

November 10, 2023 | finance.yahoo.com

5 Must-Buy Profitable Stocks Using Net Income Ratio

November 7, 2023 | seekingalpha.com

Perdoceo Education Corporation: Time To Buy

November 4, 2023 | seekingalpha.com

Perdoceo Education Non-GAAP EPS of $0.64, revenue of $179.9M

November 3, 2023 | forbes.com

Update: PRDO, III, OTEX, EVC and WLDN, November 3

November 3, 2023 | msn.com

Perdoceo Education (PRDO) Continues To Fire On All Cylinders

November 3, 2023 | finance.yahoo.com

Perdoceo Education Corporation (NASDAQ:PRDO) Q3 2023 Earnings Call Transcript

November 2, 2023 | seekingalpha.com

Perdoceo Education Corporation (PRDO) Q3 2023 Earnings Conference Call Transcript

November 2, 2023 | finance.yahoo.com

Perdoceo Education Corp (PRDO) Reports 6.8% Revenue Increase and 46. ...

November 2, 2023 | seekingalpha.com

Perdoceo Education declares $0.11 dividend

November 2, 2023 | finance.yahoo.com

Perdoceo Education Corporation Reports Third Quarter and Year to Date 2023 Results

October 30, 2023 | finance.yahoo.com

Returns At Perdoceo Education (NASDAQ:PRDO) Appear To Be Weighed Down

October 17, 2023 | finance.yahoo.com

Perdoceo Education Corporation Schedules Third Quarter Earnings Conference Call for November 2nd

October 6, 2023 | finance.yahoo.com

Investing in Perdoceo Education (NASDAQ:PRDO) a year ago would have delivered you a 69% gain

September 25, 2023 | finance.yahoo.com

Zacks.com featured highlights include NVIDIA, iRadimed, Perdoceo Education and Axcelis Technologies

September 18, 2023 | finance.yahoo.com

Is Perdoceo Education Corporation's (NASDAQ:PRDO) Recent Stock Performance Tethered To Its Strong Fundamentals?

August 31, 2023 | msn.com

Perdoceo Education (PRDO) Price Target Increased by 10.53% to 21.42

August 22, 2023 | finance.yahoo.com

Perdoceo Education (PRDO)'s Technical Outlook is Bright After Key Golden Cross

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/02/2023
Ex-Dividend for 12/15 Dividend: 11/30/2023
Today: 12/11/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

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 Target: $23.00
High Stock Price Target: $23.00
Low Stock Price Target: $23.00
Potential Upside/Downside: +25.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.15
Trailing P/E Ratio: 8.55
Forward P/E Ratio: 8.93
P/E Growth: 0.6
Net Income: $95.87 million
Net Margins: 19.83%
Pretax Margin: 26.30%
Return on Equity: 18.74%
Return on Assets: 14.72%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.81
Quick Ratio: 4.79

Sales & Book Value

Annual Sales: $738.23 million
Price / Sales: 1.64
Cash Flow: $1.96 per share
Price / Cash Flow: 9.38
Book Value: $10.81 per share
Price / Book: 1.70

Miscellaneous

Outstanding Shares: 65,700,000
Free Float: 63,906,000
Market Cap: $1.21 billion
Optionable: Optionable
Beta: 1.07

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Key Executives

Mr. Ashish R. Ghia (Age 46)
Senior VP, Treasurer & CFO
Comp: $1.21M
Mr. Greg E. Jansen (Age 48)
Senior VP, General Counsel & Corporate Secretary
Comp: $833.14k
Mr. John R. Kline (Age 60)
Senior Vice President of American InterContinental University System
Comp: $857.7k
Ms. Elise L. Baskel (Age 45)
Senior Vice President of Colorado Technical University
Comp: $803.68k
Ms. Michele A. Peppers (Age 47)
VP & Chief Accounting Officer
Mr. David C. Czeszewski (Age 59)
Senior VP & Chief Information Officer
Comp: $712k
Ms. Christina Kline
Chief Marketing Officer
Mr. George Philip Miller III
Ed.D., President of Atlanta Campus - American Intercontinental University

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRDO Stock Analysis - Frequently Asked Questions

Should I buy or sell Perdoceo Education stock right now?: 1 Wall Street equities 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 equities 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 target for 2024?: 1 Wall Street analysts have issued 12 month target prices for Perdoceo Education's stock. Their PRDO share price targets range from $23.00 to $23.00. On average, they anticipate the company's share price to reach $23.00 in the next year. This suggests a possible upside of 27.9% 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 at the start of the year. Since then, PRDO stock has increased by 29.4% and is now trading at $17.98.
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 Thursday, February 22nd 2024.
View our PRDO earnings forecast.
How were Perdoceo Education's earnings last quarter?: Perdoceo Education Co. (NASDAQ:PRDO) issued its quarterly earnings data on Thursday, November, 2nd. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.15. The firm had revenue of $179.92 million for the quarter, compared to analyst estimates of $167.58 million. Perdoceo Education had a net margin of 19.83% and a trailing twelve-month return on equity of 18.74%.
How often does Perdoceo Education pay dividends? What is the dividend yield for Perdoceo Education?: Perdoceo Education announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for PRDO.

Is Perdoceo Education a good dividend stock?: Perdoceo Education (NASDAQ:PRDO) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.45%. The dividend payout ratio is 20.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 20.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRDO.
What ETFs hold Perdoceo Education's stock?: ETFs with the largest weight of Perdoceo Education (NASDAQ:PRDO) stock in their portfolio include EA Series Trust - Euclidean Fundamental Value ETF (ECML) and Roundhill Acquirers Deep Value ETF (DEEP).First Trust Active Factor Small Cap ETF (AFSM).
What guidance has Perdoceo Education issued on next quarter's earnings?: Perdoceo Education issued an update on its FY23 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of $2.03-2.06 for the period, compared to the consensus earnings per share estimate of $1.92.
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).
Who are Perdoceo Education's major shareholders?: Perdoceo Education's stock is owned by a variety of institutional and retail investors. Top institutional investors include Private Management Group Inc. (1.94%), Northern Trust Corp (1.75%), Morgan Stanley (1.69%), American Century Companies Inc. (1.58%), Invesco Ltd. (1.57%) and Charles Schwab Investment Management Inc. (1.42%). 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.

This page (NASDAQ:PRDO) was last updated on 12/11/2023 by MarketBeat.com Staff

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