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In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
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Stock ideas from the 2024 Microcap Conference
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
NASDAQ:PRDO

Perdoceo Education (PRDO) Stock Price, News & Analysis

$17.43
+0.39 (+2.29%)
(As of 02/23/2024 ET)
Today's Range
$16.84
$17.45
50-Day Range
$16.93
$18.57
52-Week Range
$11.50
$19.62
Volume
433,814 shs
Average Volume
402,942 shs
Market Capitalization
$1.14 billion
P/E Ratio
8.00
Dividend Yield
2.52%
Price Target
$23.00

Perdoceo Education MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.0% Upside
$23.00 Price Target
Short Interest
Bearish
3.62% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of Perdoceo Education in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$1.06 M Sold Last Quarter
Proj. Earnings Growth
8.49%
From $2.12 to $2.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.60 out of 5 stars

Consumer Discretionary Sector

79th out of 271 stocks

Educational Services Industry

7th out of 23 stocks


PRDO stock logo

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

PRDO Stock News Headlines

Tech insider: "Watch your mailbox"
You could soon get a strange package from the Federal Government. It's part of the biggest overhaul to our money in decades. And it could change your life (and retirement) in ways that'll surprise you.
Update: BRC, PRDO and NOMD, February 22
Recap: Perdoceo Education Q4 Earnings
Perdoceo Education's (NASDAQ:PRDO) Q4 Sales Beat Estimates
Tech insider: "Watch your mailbox"
You could soon get a strange package from the Federal Government. It's part of the biggest overhaul to our money in decades. And it could change your life (and retirement) in ways that'll surprise you.
PRDO Mar 2024 17.500 call
PRDO Mar 2024 17.500 put
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Last Earnings
2/21/2024
Today
2/24/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
N/A
Current Symbol
NASDAQ:PRDO
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
+32.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$95.87 million
Pretax Margin
27.06%

Debt

Sales & Book Value

Annual Sales
$710 million
Cash Flow
$2.48 per share
Book Value
$12.82 per share

Miscellaneous

Free Float
63,906,000
Market Cap
$1.14 billion
Optionable
Optionable
Beta
1.01
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Key Executives

  • Mr. Ashish R. Ghia (Age 47)
    Senior VP, Treasurer & CFO
    Comp: $1.21M
  • Mr. Greg E. Jansen (Age 49)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $833.14k
  • Mr. John R. Kline (Age 61)
    Senior Vice President of American InterContinental University System
    Comp: $857.7k
  • Ms. Elise L. Baskel (Age 46)
    Senior Vice President of Colorado Technical University
    Comp: $803.68k
  • Ms. Michele A. Peppers (Age 48)
    VP & Chief Accounting Officer
  • Mr. David C. Czeszewski (Age 60)
    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














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 year. 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 brokers have issued 12-month price objectives for Perdoceo Education's shares. Their PRDO share price targets range from $23.00 to $23.00. On average, they expect the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 32.0% 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 2024?

Perdoceo Education's stock was trading at $17.56 at the beginning of the year. Since then, PRDO shares have decreased by 0.7% and is now trading at $17.43.
View the best growth stocks for 2024 here
.

Are investors shorting Perdoceo Education?

Perdoceo Education saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 2,300,000 shares, an increase of 9.0% from the January 15th total of 2,110,000 shares. Based on an average daily trading volume, of 441,600 shares, the short-interest ratio is presently 5.2 days. Approximately 3.6% of the company's stock are short sold.
View Perdoceo Education's Short Interest
.

When is Perdoceo Education's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our PRDO earnings forecast
.

How were Perdoceo Education's earnings last quarter?

Perdoceo Education Co. (NASDAQ:PRDO) announced its quarterly earnings results on Wednesday, February, 21st. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.04. The business had revenue of $147.30 million for the quarter, compared to the consensus estimate of $146.20 million. Perdoceo Education had a net margin of 20.80% and a trailing twelve-month return on equity of 17.63%. The company's revenue for the quarter was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.31 earnings per share.

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

Perdoceo Education declared a quarterly dividend on Friday, February 2nd. Stockholders of record on Friday, March 1st will be paid a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend is Thursday, February 29th.
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 2.58%. The dividend payout ratio is 20.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 19.13% 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 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 first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 0.530-0.550 for the period. 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).

Who are Perdoceo Education's major shareholders?

Perdoceo Education's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.91%), Dimensional Fund Advisors LP (7.71%), Frontier Capital Management Co. LLC (2.68%), Pacer Advisors Inc. (2.44%), Goldman Sachs Group Inc. (1.85%) and LSV Asset Management (1.85%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PRDO) was last updated on 2/24/2024 by MarketBeat.com Staff