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 equities research analysts have issued twelve-month target prices for Perdoceo Education's shares. Their PRDO share price targets range from $23.00 to $23.00. On average, they expect the company's share price to reach $23.00 in the next year. This suggests a possible upside of 32.7% 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 stock has decreased by 1.3% and is now trading at $17.33. View the best growth stocks for 2024 here .

When is Perdoceo Education's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our PRDO earnings forecast .

How can I listen to Perdoceo Education's earnings call?

Perdoceo Education will be holding an earnings conference call on Wednesday, May 1st at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Perdoceo Education's earnings last quarter?

Perdoceo Education Co. (NASDAQ:PRDO) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The firm had revenue of $147.30 million for the quarter, compared to analyst estimates 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 business's revenue for the quarter was down 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 EPS.

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

Perdoceo Education announced a quarterly dividend on Friday, February 2nd. Shareholders 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 annualized dividend and a yield of 2.54%. 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 2.61%. 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 ETC 6 Meridian Small Cap Equity ETF (SIXS) , Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) , Euclidean Fundamental Value ETF (ECML) , Cambria Value and Momentum ETF (VAMO) , RiverFront Dynamic US Dividend Advantage ETF (RFDA) , Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) , Hartford Multifactor Small Cap ETF (ROSC) and First Trust Active Factor Small Cap ETF (AFSM) .

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

Perdoceo Education updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) 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 variety of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.25%), Allspring Global Investments Holdings LLC (0.12%), Los Angeles Capital Management LLC (0.10%), DGS Capital Management LLC (0.06%) and Banque Cantonale Vaudoise (0.01%). 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 .

NASDAQ:PRDO

Perdoceo Education (PRDO) Stock Price, News & Analysis

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$17.33

+0.34 (+2.00%)

(As of 05:21 PM ET)

Compare

Today's Range: $16.99
▼
$17.33
50-Day Range: $16.84
▼
$18.21
52-Week Range: $11.50
▼
$19.62

Volume: 756,818 shs
Average Volume: 497,571 shs
Market Capitalization: $1.14 billion

P/E Ratio: 7.95
Dividend Yield: 2.54%
Price Target: $23.00

Get Perdoceo Education alerts:

Perdoceo Education MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 32.7% Upside
$23.00 Price Target
Short Interest: Bearish
4.14% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.55
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.19 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.

4.41 out of 5 stars

Consumer Discretionary Sector

47th out of 265 stocks

Educational Services Industry

7th out of 22 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.
Amount of Analyst Coverage
Perdoceo Education has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.14% 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 5.4.
Change versus previous month
Short interest in Perdoceo Education has recently increased by 16.37%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Perdoceo Education pays a meaningful dividend of 2.61%, 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 20.18%. 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 19.13% 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.

2.5

News and Social Media Coverage

News Sentiment
Perdoceo Education has a news sentiment score of 0.55. 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 Week
MarketBeat has tracked 3 news articles for Perdoceo Education this week, compared to 2 articles on an average week.
Search Interest
2 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 0% 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 $2,189,350.00 in company stock.
Percentage Held by Insiders
Only 2.73% of the stock of Perdoceo Education is held by insiders.
Percentage Held by Institutions
93.46% 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 8.49% in the coming year, from $2.12 to $2.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Perdoceo Education is 7.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of Perdoceo Education is 7.95, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.33.
Price to Earnings Growth Ratio
Perdoceo Education has a PEG Ratio of 0.53. 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 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Perdoceo Education Stock (NASDAQ:PRDO)

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. The American InterContinental University System segment provides academic programs, including business studies, information technologies, education, and health sciences. The company also offers non-degree and professional development programs. In addition, it operates intellipath, a learning platform used to educate students; 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. Perdoceo Education Corporation was incorporated in 1994 and is headquartered in Schaumburg, Illinois.

PRDO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRDO Stock News Headlines

March 30, 2024 | insidertrades.com

Perdoceo Education Co. (NASDAQ:PRDO) CEO Sells $283,200.00 in Stock

March 27, 2024 | insidertrades.com

Perdoceo Education Co. (NASDAQ:PRDO) CEO Todd S. Nelson Sells 16,000 Shares

April 19, 2024 | Behind the Markets (Ad)

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March 27, 2024 | insidertrades.com

Perdoceo Education Co. (NASDAQ:PRDO) CEO Sells $284,320.00 in Stock

April 16, 2024 | americanbankingnews.com

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

April 11, 2024 | businesswire.com

Perdoceo Education Corporation Schedules First Quarter Earnings Conference Call for May 1st

April 8, 2024 | finance.yahoo.com

Perdoceo Education (NASDAQ:PRDO) Has More To Do To Multiply In Value Going Forward

April 8, 2024 | seekingalpha.com

Adding Perdoceo Education To My Value Portfolio

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

March 31, 2024 | au.lifestyle.yahoo.com

TechCrunch Mobility: Fisker enters into dumpster fire territory and Tesla chases FSD revenue

March 30, 2024 | uk.finance.yahoo.com

Perdoceo Education Corp President and CEO Todd Nelson Sells 17,670 Shares

March 29, 2024 | fool.com

Perdoceo Education (NASDAQ: PRDO)

March 28, 2024 | theglobeandmail.com

Q4 Earnings Highlights: Perdoceo Education (NASDAQ:PRDO) Vs The Rest Of The Education Services Stocks

March 23, 2024 | investing.com

Perdoceo Education CEO sells shares worth over $835k

March 23, 2024 | finance.yahoo.com

Investing in Perdoceo Education (NASDAQ:PRDO) three years ago would have delivered you a 45% gain

March 12, 2024 | barrons.com

Perdoceo Education Corp.

March 9, 2024 | finance.yahoo.com

Perdoceo Education Corporation's (NASDAQ:PRDO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

March 4, 2024 | investorplace.com

The 3 Most Undervalued Education Stocks to Buy Now

February 23, 2024 | finance.yahoo.com

Calculating The Intrinsic Value Of Perdoceo Education Corporation (NASDAQ:PRDO)

February 22, 2024 | msn.com

Update: BRC, PRDO and NOMD, February 22

February 22, 2024 | forbes.com

From Strength To Strength: Perdoceo Education (PRDO) Beats Q4 Estimates With Eye On 2024 Growth

February 22, 2024 | finance.yahoo.com

Perdoceo Education Corporation (NASDAQ:PRDO) Q4 2023 Earnings Call Transcript

February 21, 2024 | benzinga.com

Recap: Perdoceo Education Q4 Earnings

February 21, 2024 | theglobeandmail.com

Perdoceo Education's (NASDAQ:PRDO) Q4 Sales Beat Estimates

February 21, 2024 | finance.yahoo.com

Perdoceo Education Corp (PRDO) Reports Mixed 2023 Financial Results

February 21, 2024 | finance.yahoo.com

Perdoceo Education Corporation Reports Fourth Quarter and Full Year 2023 Results

February 21, 2024 | businesswire.com

Perdoceo Education Corporation Reports Fourth Quarter and Full Year 2023 Results

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Educational services
Sub-Industry: N/A
Current Symbol: NASDAQ:PRDO
CUSIP: N/A
CIK: 1046568
Web: www.perdoceoed.com
Phone: (847) 781-3600
Fax: 847-781-3610
Employees: 4,350
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: +32.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.18
Trailing P/E Ratio: 7.95
Forward P/E Ratio: 8.17
P/E Growth: 0.53
Net Income: $147.65 million
Net Margins: 20.80%
Pretax Margin: 27.06%
Return on Equity: 17.63%
Return on Assets: 14.18%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.90
Quick Ratio: 5.85

Sales & Book Value

Annual Sales: $710 million
Price / Sales: 1.60
Cash Flow: $2.49 per share
Price / Cash Flow: 6.95
Book Value: $12.81 per share
Price / Book: 1.35

Miscellaneous

Outstanding Shares: 65,600,000
Free Float: 63,808,000
Market Cap: $1.14 billion
Optionable: Optionable
Beta: 0.96

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Key Executives

Mr. Todd S. Nelson (Age 65)
President, CEO & Director
Comp: $2.47M
Mr. Ashish R. Ghia (Age 46)
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

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 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 equities research analysts have issued twelve-month target prices for Perdoceo Education's shares. Their PRDO share price targets range from $23.00 to $23.00. On average, they expect the company's share price to reach $23.00 in the next year. This suggests a possible upside of 32.7% 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 stock has decreased by 1.3% and is now trading at $17.33.
View the best growth stocks for 2024 here.
When is Perdoceo Education's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PRDO earnings forecast.
How can I listen to Perdoceo Education's earnings call?: Perdoceo Education will be holding an earnings conference call on Wednesday, May 1st at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Perdoceo Education's earnings last quarter?: Perdoceo Education Co. (NASDAQ:PRDO) issued its quarterly earnings results on Wednesday, February, 21st. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.04. The firm had revenue of $147.30 million for the quarter, compared to analyst estimates 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 business's revenue for the quarter was down 16.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 EPS.
How often does Perdoceo Education pay dividends? What is the dividend yield for Perdoceo Education?: Perdoceo Education announced a quarterly dividend on Friday, February 2nd. Shareholders 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 annualized dividend and a yield of 2.54%. 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 2.61%. 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 ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Euclidean Fundamental Value ETF (ECML), Cambria Value and Momentum ETF (VAMO), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Hartford Multifactor Small Cap ETF (ROSC) and First Trust Active Factor Small Cap ETF (AFSM).
What guidance has Perdoceo Education issued on next quarter's earnings?: Perdoceo Education updated its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) 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 variety of institutional and retail investors. Top institutional shareholders include Denali Advisors LLC (0.25%), Allspring Global Investments Holdings LLC (0.12%), Los Angeles Capital Management LLC (0.10%), DGS Capital Management LLC (0.06%) and Banque Cantonale Vaudoise (0.01%). 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 4/19/2024 by MarketBeat.com Staff

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