FY2025 EPS Estimate for Perdoceo Education Lifted by Analyst

Perdoceo Education Corporation (NASDAQ:PRDOFree Report) – Barrington Research upped their FY2025 earnings per share estimates for shares of Perdoceo Education in a report issued on Wednesday, November 5th. Barrington Research analyst A. Paris now anticipates that the company will earn $2.55 per share for the year, up from their prior forecast of $2.52. Barrington Research has a “Outperform” rating and a $42.00 price objective on the stock. The consensus estimate for Perdoceo Education’s current full-year earnings is $2.41 per share. Barrington Research also issued estimates for Perdoceo Education’s FY2026 earnings at $2.78 EPS.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%.The firm had revenue of $211.87 million during 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 company’s revenue for the quarter was up 24.8% compared to the same quarter last year. Perdoceo Education has set its Q4 2025 guidance at 0.530-0.550 EPS. FY 2025 guidance at 2.540-2.560 EPS.

Other equities analysts have also recently issued reports about the company. Wall Street Zen upgraded Perdoceo Education from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $42.00.

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Perdoceo Education Price Performance

PRDO opened at $30.40 on Thursday. The stock has a 50-day moving average price of $34.84 and a 200-day moving average price of $32.11. Perdoceo Education has a 12-month low of $23.28 and a 12-month high of $38.02. 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 stock has a market capitalization of $1.97 billion, a P/E ratio of 13.16, a PEG ratio of 0.92 and a beta of 0.88.

Perdoceo Education Announces Dividend

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

Insider Transactions at Perdoceo Education

In other news, Chairman Gregory L. Jackson sold 16,561 shares of the stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $33.51, for a total value of $554,959.11. Following the completion of the transaction, the chairman owned 60,962 shares of the company’s stock, valued at approximately $2,042,836.62. This represents a 21.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Todd S. Nelson sold 40,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $35.17, for a total value 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. This represents a 7.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 152,575 shares of company stock worth $5,241,561 over the last 90 days. 2.11% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. LSV Asset Management raised its position in shares of Perdoceo Education by 1.5% in the 1st quarter. LSV Asset Management now owns 1,874,274 shares of the company’s stock worth $47,194,000 after acquiring an additional 26,969 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Perdoceo Education by 1.5% in the 2nd quarter. American Century Companies Inc. now owns 1,820,262 shares of the company’s stock worth $59,504,000 after buying an additional 27,310 shares during the last quarter. Frontier Capital Management Co. LLC grew its stake in shares of Perdoceo Education by 2.0% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,752,555 shares of the company’s stock worth $57,291,000 after buying an additional 33,967 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after buying an additional 513,599 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Perdoceo Education by 48.9% in the 1st quarter. Millennium Management LLC now owns 1,297,465 shares of the company’s stock worth $32,670,000 after buying an additional 425,893 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.

Perdoceo Education Company Profile

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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.

Further Reading

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