Perdoceo Education (PRDO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $26.37 to $27.18
• 50-Day Range: $20.61 to $27.96
• 52-Week Range: $16.12 to $29.47
• Volume: 518,618 shs
• Average Volume: 465,550 shs
• Market Capitalization: $1.76 billion
• P/E Ratio: 13.48
• Dividend Yield: 1.94%
• Price Target: $32.00
• Consensus Rating: Buy

Perdoceo Education Stock Analysis - MarketRank™

Perdoceo Education scored higher than 76% of companies evaluated by MarketBeat, and ranked 97th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 3.96%

Earnings Growth

Earnings for Perdoceo Education are expected to grow by 3.96% in the coming year, from $2.27 to $2.36 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Perdoceo Education is 13.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Perdoceo Education is 13.48, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.30.

Price to Earnings Growth Ratio

Perdoceo Education has a PEG Ratio of 0.78. 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 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.71% 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 12.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Perdoceo Education has recently decreased by 4.74%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Perdoceo Education pays a meaningful dividend of 1.97%, 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 26.13%. 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 22.03% next year. This indicates that Perdoceo Education will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.71% 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 12.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Perdoceo Education has recently decreased by 4.74%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.73

News Sentiment

Perdoceo Education has a news sentiment score of 0.73. 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 13 news articles for Perdoceo Education this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for PRDO on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

2 people have added Perdoceo Education to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $1,036,206.00 in company stock.

Percentage Held by Insiders

Only 1.81% 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.

PRDO Stock Analysis - Frequently Asked Questions

How have PRDO shares performed this year?

Perdoceo Education's stock was trading at $17.56 at the beginning of the year. Since then, PRDO shares have increased by 52.7% and is now trading at $26.82.
View the best growth stocks for 2024 here.

How were Perdoceo Education's earnings last quarter?

Perdoceo Education Co. (NASDAQ:PRDO) announced its quarterly earnings data on Tuesday, November, 12th. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.06. The company's revenue was down 5.6% on a year-over-year basis.

Who are Perdoceo Education's major shareholders?

Perdoceo Education's top institutional shareholders include State Street Corp (3.73%), Pacer Advisors Inc. (3.25%), Geode Capital Management LLC (2.75%) and Charles Schwab Investment Management Inc. (1.44%). Insiders that own company stock include Todd S Nelson, Andrew Hurst, Ashish R Ghia, John Robert Kline, David C Czeszewski, Patrick W Gross, Elise Baskel, Michele A Peppers, Thomas B Lally, Gregory L Jackson, Leslie T Thornton, William Dean Hansen and Jeffrey David Ayers.
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.

What other stocks do shareholders of Perdoceo Education own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Perdoceo Education investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/13 Dividend: 8/30/2024
• Dividend Payable: 9/13/2024
• Last Earnings: 11/12/2024
• Today: 11/21/2024
• Ex-Dividend for 12/13 Dividend: 12/02/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Educational services
• Sub-Industry: Personal Services
• 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: $32.00
• High Stock Price Target: $32.00
• Low Stock Price Target: $32.00
• Potential Upside/Downside: +19.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.99
• Trailing P/E Ratio: 13.48
• Forward P/E Ratio: 11.81
• P/E Growth: 0.78
• Net Income: $147.65 million
• Net Margins: 20.42%
• Pretax Margin: 27.67%
• Return on Equity: 15.58%
• Return on Assets: 12.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.48
• Quick Ratio: 5.45

Sales & Book Value

• Annual Sales: $710 million
• Price / Sales: 2.48
• Cash Flow: $2.46 per share
• Price / Cash Flow: 10.90
• Book Value: $14.23 per share
• Price / Book: 1.88

Miscellaneous

• Outstanding Shares: 65,720,000
• Free Float: 64,527,000
• Market Cap: $1.76 billion
• Optionable: Optionable
• Beta: 1.04