Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) CEO Todd Nelson sold 4,387 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $36.65, for a total transaction of $160,783.55. Following the completion of the transaction, the chief executive officer directly owned 347,981 shares of the company’s stock, valued at $12,753,503.65. This represents a 1.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Perdoceo Education Price Performance
Shares of Perdoceo Education stock opened at $37.89 on Friday. The company has a market capitalization of $2.37 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 0.83 and a beta of 0.89. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04. The stock’s 50-day simple moving average is $33.08 and its 200-day simple moving average is $32.49. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.50.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The company had revenue of $211.64 million for the quarter, compared to analysts’ expectations of $209.95 million. During the same period in the previous year, the firm earned $0.50 EPS. The firm’s revenue was up 20.0% compared to the same quarter last year. 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. As a group, analysts expect that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.
Perdoceo Education Dividend Announcement
Institutional Trading of Perdoceo Education
Large investors have recently made changes to their positions in the business. CBIZ Investment Advisory Services LLC purchased a new stake in shares of Perdoceo Education during the 3rd quarter valued at about $25,000. First Horizon Corp purchased a new position in Perdoceo Education in the third quarter worth about $29,000. Salomon & Ludwin LLC grew its position in Perdoceo Education by 72.6% in the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares in the last quarter. Blue Trust Inc. increased its stake in Perdoceo Education by 81.5% during the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after acquiring an additional 374 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its stake in Perdoceo Education by 166.2% during the third quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock worth $31,000 after acquiring an additional 522 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
PRDO has been the subject of several research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Zacks Research raised Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Finally, Barrington Research restated an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $42.00.
Check Out Our Latest Report on PRDO
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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