Perdoceo Education (NASDAQ:PRDO) Issues Quarterly Earnings Results

Perdoceo Education (NASDAQ:PRDO) issued its earnings results on Tuesday. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.04, Zacks reports. Perdoceo Education had a net margin of 20.09% and a return on equity of 17.13%. The company had revenue of $211.87 million for the quarter, compared to analysts’ expectations of $207.02 million. During the same period in the prior year, the business earned $0.57 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. Perdoceo Education updated its Q4 2025 guidance to 0.530-0.550 EPS and its FY 2025 guidance to 2.540-2.560 EPS.

Perdoceo Education Stock Down 4.5%

Shares of NASDAQ:PRDO traded down $1.41 during trading on Wednesday, reaching $29.60. The stock had a trading volume of 308,228 shares, compared to its average volume of 586,989. Perdoceo Education has a one year low of $23.28 and a one year high of $38.02. The company has a market capitalization of $1.92 billion, a P/E ratio of 12.84, a PEG ratio of 0.92 and a beta of 0.88. The company has a current ratio of 4.27, a quick ratio of 4.26 and a debt-to-equity ratio of 0.01. The firm’s 50-day simple moving average is $34.89 and its 200 day simple moving average is $32.12.

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, November 28th. Perdoceo Education’s dividend payout ratio (DPR) is currently 25.97%.

Insiders Place Their Bets

In related news, SVP Greg E. Jansen sold 30,234 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $33.00, for a total value of $997,722.00. Following the completion of the transaction, the senior vice president directly owned 96,279 shares of the company’s stock, valued at $3,177,207. This trade represents a 23.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Todd S. Nelson sold 40,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $35.17, for a total transaction of $1,406,800.00. Following the completion of the transaction, the chief executive officer directly owned 524,047 shares of the company’s stock, valued at $18,430,732.99. The trade was a 7.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 205,656 shares of company stock worth $6,871,148. Insiders own 2.11% of the company’s stock.

Hedge Funds Weigh In On Perdoceo Education

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC raised its position in shares of Perdoceo Education by 9.1% in the 2nd quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after purchasing an additional 605 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Perdoceo Education by 1.3% in the 2nd quarter. California State Teachers Retirement System now owns 57,626 shares of the company’s stock valued at $1,884,000 after purchasing an additional 723 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Perdoceo Education by 2.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 32,301 shares of the company’s stock valued at $1,056,000 after purchasing an additional 753 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Perdoceo Education by 2.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares during the last quarter. Finally, Royal Bank of Canada raised its position in shares of Perdoceo Education by 19.2% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after purchasing an additional 1,717 shares during the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on PRDO shares. Barrington Research reiterated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a report on Tuesday, October 21st. Wall Street Zen upgraded shares of Perdoceo Education from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Perdoceo Education currently has a consensus rating of “Buy” and a consensus target price of $42.00.

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.