Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) CFO Ashish Ghia sold 33,271 shares of the firm’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $35.08, for a total value of $1,167,146.68. Following the completion of the transaction, the chief financial officer owned 155,691 shares in the company, valued at $5,461,640.28. The trade was a 17.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Perdoceo Education Price Performance
PRDO traded up $0.12 on Friday, hitting $34.56. 2,893,446 shares of the stock were exchanged, compared to its average volume of 584,223. Perdoceo Education Corporation has a 12 month low of $24.05 and a 12 month high of $38.02. The business has a 50-day moving average of $32.59 and a two-hundred day moving average of $32.36. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 0.75 and a beta of 0.89.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.54 by $0.05. The firm had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The business’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same period last year, the firm earned $0.50 EPS. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts forecast that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.
Perdoceo Education Announces Dividend
Analyst Ratings Changes
A number of brokerages recently weighed in on PRDO. Barrington Research restated an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a research report on Monday, January 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat.com, Perdoceo Education has an average rating of “Buy” and a consensus target price of $42.00.
Get Our Latest Analysis on Perdoceo Education
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Perdoceo Education by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 4,465,353 shares of the company’s stock valued at $130,969,000 after buying an additional 115,797 shares during the period. First Trust Advisors LP boosted its holdings in Perdoceo Education by 10.6% in the fourth quarter. First Trust Advisors LP now owns 2,905,796 shares of the company’s stock valued at $85,227,000 after acquiring an additional 278,825 shares during the last quarter. State Street Corp increased its position in Perdoceo Education by 0.8% during the 4th quarter. State Street Corp now owns 2,411,020 shares of the company’s stock valued at $70,715,000 after purchasing an additional 19,658 shares during the period. American Century Companies Inc. increased its position in Perdoceo Education by 1.6% during the 3rd quarter. American Century Companies Inc. now owns 1,850,189 shares of the company’s stock valued at $69,678,000 after purchasing an additional 29,927 shares during the period. Finally, Frontier Capital Management Co. LLC raised its holdings in Perdoceo Education by 2.0% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,752,555 shares of the company’s stock worth $57,291,000 after purchasing an additional 33,967 shares during the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.
About Perdoceo Education
Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.
With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.
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