NASDAQ:PRDO Perdoceo Education (PRDO) Stock Forecast, Price & News $16.68 +0.16 (+0.97%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$16.38▼$16.7250-Day Range$12.56▼$17.3952-Week Range$9.97▼$17.49Volume343,778 shsAverage Volume380,916 shsMarket Capitalization$1.09 billionP/E Ratio9.02Dividend Yield2.64%Price Target$21.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Perdoceo Education MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.9% Upside$21.00 Price TargetShort InterestHealthy2.96% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 4 Articles This WeekInsider TradingSelling Shares$2.33 M Sold Last QuarterProj. Earnings Growth6.38%From $1.88 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsConsumer Discretionary Sector14th out of 261 stocksEducational Services Industry1st out of 22 stocks 3.5 Analyst's Opinion Consensus RatingPerdoceo 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/DownsideAccording to analysts' consensus price target of $21.00, Perdoceo Education has a forecasted upside of 25.9% from its current price of $16.68.Amount of Analyst CoveragePerdoceo Education has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.96% of the float of Perdoceo Education has been sold short.Short Interest Ratio / Days to CoverPerdoceo Education has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Perdoceo Education has recently decreased by 3.09%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldPerdoceo Education pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPerdoceo Education does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Perdoceo Education is 23.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Perdoceo Education will have a dividend payout ratio of 22.00% next year. This indicates that Perdoceo Education will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRDO. Previous Next 2.6 News and Social Media Coverage News SentimentPerdoceo Education has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Perdoceo Education this week, compared to 2 articles on an average week.MarketBeat Follows4 people have added Perdoceo Education to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $2,326,388.00 in company stock.Percentage Held by InsidersOnly 2.73% of the stock of Perdoceo Education is held by insiders.Percentage Held by Institutions93.44% of the stock of Perdoceo Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Perdoceo Education are expected to grow by 6.38% in the coming year, from $1.88 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Perdoceo Education is 9.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Perdoceo Education is 9.02, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.91.Price to Earnings Growth RatioPerdoceo Education has a PEG Ratio of 0.58. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioPerdoceo Education has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Perdoceo Education (NASDAQ:PRDO) StockPerdoceo 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.Read More PRDO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRDO Stock News HeadlinesSeptember 18, 2023 | finance.yahoo.comIs Perdoceo Education Corporation's (NASDAQ:PRDO) Recent Stock Performance Tethered To Its Strong Fundamentals?September 18, 2023 | americanbankingnews.comPerdoceo Education Co. (NASDAQ:PRDO) Insider Sells $225,120.00 in StockSeptember 21, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 17, 2023 | americanbankingnews.comPerdoceo Education (NASDAQ:PRDO) vs. Meta Data (NYSE:AIU) Head to Head ReviewAugust 31, 2023 | msn.comPerdoceo Education (PRDO) Price Target Increased by 10.53% to 21.42August 22, 2023 | finance.yahoo.comPerdoceo Education (PRDO)'s Technical Outlook is Bright After Key Golden CrossAugust 16, 2023 | msn.comPRDO or UTI: Which Is the Better Value Stock Right Now?August 13, 2023 | msn.comPerdoceo Education: Learning How To Make Online Money, For The Long RunSeptember 21, 2023 | Legacy Research (Ad)The Real Reason They Murdered JFK?Some people believe JFK was murdered because of his executive order 11110 that would have reduced the power of the Federal Reserve. Regardless if that’s true or not… The Fed is now involved in a new controversy that could have drastic consequences for the US dollar.August 4, 2023 | msn.comBarrington Research Maintains Perdoceo Education (PRDO) Outperform RecommendationAugust 4, 2023 | msn.comPerdoceo Education (PRDO) Initiates Dividend, Stock SoarsAugust 3, 2023 | finance.yahoo.comPerdoceo Education Corporation Reports Second Quarter and Year to Date 2023 ResultsJuly 13, 2023 | finance.yahoo.comPerdoceo Education Corporation Schedules Second Quarter Earnings Conference Call for August 3rdJuly 12, 2023 | seekingalpha.comPerdoceo Education: Assessing The M&A StrategyJuly 12, 2023 | finance.yahoo.comAfya (AFYA) Surges 7.5%: Is This an Indication of Further Gains?June 14, 2023 | msn.comIs the Options Market Predicting a Spike in Perdoceo Education (PRDO) Stock?May 24, 2023 | finance.yahoo.comPRDO or STRA: Which Is the Better Value Stock Right Now?May 23, 2023 | finance.yahoo.comReturns On Capital At Perdoceo Education (NASDAQ:PRDO) Paint A Concerning PictureMay 11, 2023 | finance.yahoo.com4 Stocks From a Buoyant Schools Industry to Buy for Higher ReturnsMay 7, 2023 | seekingalpha.comPerdoceo Education Q1 results beat estimates, co provides Q2, FY 2023 guidanceMay 5, 2023 | marketwatch.com8-K: PERDOCEO EDUCATION CorpMay 4, 2023 | msn.comPerdoceo Education (PRDO) Q1 Earnings and Revenues Surpass EstimatesMay 4, 2023 | finance.yahoo.comPerdoceo Education Corporation Announces First Quarter 2023 ResultsApril 19, 2023 | morningstar.comPerdoceo Education Corp PRDO Stock QuoteApril 17, 2023 | finance.yahoo.comPerdoceo Education Corporation Schedules First Quarter Earnings Conference Call for May 4thApril 3, 2023 | msn.comPRDO vs. STRA: Which Stock Is the Better Value Option?April 3, 2023 | markets.businessinsider.comBarrington Keeps Their Buy Rating on Perdoceo Education (PRDO)See More Headlines Receive PRDO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Perdoceo Education and its competitors with MarketBeat's FREE daily newsletter. Email Address PRDO Company Calendar Last Earnings8/03/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/21/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Educational services Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:PRDO CUSIPN/A CIK1046568 Webwww.perdoceoed.com Phone(847) 781-3600Fax847-781-3610Employees4,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$21.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+26.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.85 Trailing P/E Ratio8.97 Forward P/E Ratio8.82 P/E Growth0.58Net Income$95.87 million Net Margins17.50% Pretax Margin24.41% Return on Equity17.41% Return on Assets13.56% Debt Debt-to-Equity RatioN/A Current Ratio4.00 Quick Ratio3.99 Sales & Book Value Annual Sales$695.21 million Price / Sales1.57 Cash Flow$1.98 per share Price / Cash Flow8.36 Book Value$10.81 per share Price / Book1.53Miscellaneous Outstanding Shares65,610,000Free Float63,819,000Market Cap$1.09 billion OptionableOptionable Beta1.16 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Todd S. Nelson (Age 64)Exec. Chairman Comp: $2.47MMr. Andrew H. Hurst (Age 60)Pres, CEO & Director Comp: $1.47MMr. Ashish R. Ghia (Age 46)Sr. VP, Treasurer & CFO Comp: $1.21MMr. Greg E. Jansen (Age 48)Sr. VP, Gen. Counsel & Corp. Sec. Comp: $833.14kMr. John R. Kline (Age 60)Sr. VP of American InterContinental University System Comp: $857.7kMs. Elise L. Baskel (Age 45)Sr. VP of Colorado Technical University Comp: $803.68kMs. Michele A. Peppers (Age 47)VP & Chief Accounting Officer Mr. David C. Czeszewski (Age 59)Sr. VP & Chief Information Officer Ms. Christina KlineChief Marketing OfficerMr. George Philip Miller IIIEd.D., Pres of Atlanta Campus - American Intercontinental UniversityMore ExecutivesKey CompetitorsAfyaNASDAQ:AFYANerdyNYSE:NRDYVitruNASDAQ:VTRUAdtalem Global EducationNYSE:ATGEQuantaSing GroupNASDAQ:QSGView All CompetitorsInsiders & InstitutionsMichele A PeppersSold 13,400 sharesTotal: $225,120.00 ($16.80/share)Tucker Asset Management LLCBought 14,405 shares on 9/8/2023Ownership: 0.024%Todd S NelsonSold 9,154 sharesTotal: $147,654.02 ($16.13/share)Alberta Investment Management CorpBought 10,901 shares on 8/24/2023Ownership: 0.092%Todd S NelsonSold 16,000 sharesTotal: $257,280.00 ($16.08/share)View All Insider TransactionsView All Institutional Transactions PRDO Stock - 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 forecast for 2023? 1 equities research analysts have issued 1 year price objectives for Perdoceo Education's shares. Their PRDO share price forecasts range from $21.00 to $21.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 26.6% 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 beginning of 2023. Since then, PRDO shares have increased by 19.4% and is now trading at $16.59. 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, November 6th 2023. 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, August, 3rd. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.09. The company had revenue of $186.60 million for the quarter, compared to analyst estimates of $179.40 million. Perdoceo Education had a net margin of 17.50% and a trailing twelve-month return on equity of 17.41%. The business's revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.42 earnings per share. How often does Perdoceo Education pay dividends? What is the dividend yield for Perdoceo Education? Perdoceo Education announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, September 1st will be paid a dividend of $0.11 per share on Friday, September 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.65%. The ex-dividend date is Thursday, August 31st. 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). 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 2.67%. The dividend payout ratio is 23.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 22.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRDO. What guidance has Perdoceo Education issued on next quarter's earnings? Perdoceo Education updated its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided EPS guidance of $0.48-$0.50 for the period, compared to the consensus estimate of $0.41. 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 investors include BlackRock Inc. (16.69%), Dimensional Fund Advisors LP (7.56%), Renaissance Technologies LLC (6.49%), State Street Corp (3.72%), Frontier Capital Management Co. LLC (3.22%) and Geode Capital Management LLC (2.27%). 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 $16.59. How much money does Perdoceo Education make? Perdoceo Education (NASDAQ:PRDO) has a market capitalization of $1.09 billion and generates $695.21 million in revenue each year. The company earns $95.87 million in net income (profit) each year or $1.85 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 9/21/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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