Perdoceo Education (NASDAQ:PRDO) Releases FY 2025 Earnings Guidance

Perdoceo Education (NASDAQ:PRDO - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.310-2.510 for the period, compared to the consensus estimate of 2.360. The company issued revenue guidance of -. Perdoceo Education also updated its Q1 2025 guidance to 0.640-0.670 EPS.

Perdoceo Education Stock Down 4.4 %

Shares of PRDO traded down $1.20 during midday trading on Friday, reaching $25.97. 674,167 shares of the stock were exchanged, compared to its average volume of 418,896. Perdoceo Education has a 12-month low of $16.12 and a 12-month high of $29.84. The firm has a 50 day simple moving average of $27.36 and a 200-day simple moving average of $24.76. The company has a quick ratio of 5.45, a current ratio of 4.84 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 11.80, a P/E/G ratio of 0.75 and a beta of 1.07.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. Perdoceo Education had a return on equity of 16.85% and a net margin of 21.66%. The company had revenue of $176.43 million during the quarter, compared to the consensus estimate of $160.12 million. Research analysts forecast that Perdoceo Education will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Saturday, March 1st will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Friday, February 28th. Perdoceo Education's dividend payout ratio (DPR) is presently 23.64%.

Analysts Set New Price Targets

PRDO has been the topic of a number of analyst reports. StockNews.com raised Perdoceo Education from a "buy" rating to a "strong-buy" rating in a report on Tuesday, February 11th. Barrington Research increased their price objective on Perdoceo Education from $32.00 to $35.00 and gave the company an "outperform" rating in a report on Wednesday.

Insider Activity

In other Perdoceo Education news, SVP John Robert Kline sold 12,148 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $25.79, for a total value of $313,296.92. Following the sale, the senior vice president now owns 130,405 shares of the company's stock, valued at $3,363,144.95. This trade represents a 8.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Todd S. Nelson sold 12,472 shares of the firm's stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $26.29, for a total value of $327,888.88. Following the completion of the sale, the chief executive officer now directly owns 615,697 shares in the company, valued at $16,186,674.13. This trade represents a 1.99 % decrease in their position. The disclosure for this sale can be found here. 1.81% of the stock is currently owned by insiders.

Perdoceo Education Company Profile

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.