Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report) CEO Todd Nelson sold 4,387 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 347,981 shares of the company’s stock, valued at $12,753,503.65. This trade represents a 1.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Perdoceo Education Price Performance
PRDO stock opened at $37.23 on Friday. The stock has a market cap of $2.33 billion, a PE ratio of 15.45, a P/E/G ratio of 0.83 and a beta of 0.89. Perdoceo Education Corporation has a 12 month low of $24.05 and a 12 month high of $38.50. The company has a 50-day moving average price of $33.19 and a 200 day moving average price of $32.52. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The company 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 firm’s revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the prior year, the company posted $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. Equities research analysts anticipate that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.
Perdoceo Education Dividend Announcement
Wall Street Analyst Weigh In
PRDO has been the subject of a number of recent analyst reports. Barrington Research restated an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $42.00.
Check Out Our Latest Stock Report on PRDO
Institutional Trading of Perdoceo Education
Several institutional investors and hedge funds have recently modified their holdings of PRDO. CBIZ Investment Advisory Services LLC purchased a new stake in shares of Perdoceo Education in the third quarter valued at approximately $25,000. Salomon & Ludwin LLC grew its stake 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 purchasing an additional 341 shares in the last quarter. Fifth Third Bancorp increased its holdings in Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares during the period. First Horizon Corp purchased a new position in Perdoceo Education during the 3rd quarter worth $29,000. Finally, Blue Trust Inc. raised its position in Perdoceo Education by 81.5% during the 3rd quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after purchasing an additional 374 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.
Perdoceo Education Company Profile
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.
See Also
Receive News & Ratings for Perdoceo Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perdoceo Education and related companies with MarketBeat.com's FREE daily email newsletter.
