Perdoceo Education (PRDO) to Release Earnings on Thursday

Perdoceo Education (NASDAQ:PRDO) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect Perdoceo Education to post earnings of $0.66 per share and revenue of $207.97 million for the quarter. Perdoceo Education has set its FY 2025 guidance at 2.310-2.510 EPS and its Q1 2025 guidance at 0.640-0.670 EPS.

Perdoceo Education (NASDAQ:PRDO) last announced its earnings results on Tuesday, February 18th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Perdoceo Education had a net margin of 21.66% and a return on equity of 16.85%. The company had revenue of $176.43 million during the quarter, compared to the consensus estimate of $160.12 million. On average, analysts expect Perdoceo Education to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Perdoceo Education Price Performance

PRDO opened at $25.22 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.84 and a quick ratio of 5.45. The stock has a market capitalization of $1.65 billion, a P/E ratio of 11.46, a price-to-earnings-growth ratio of 0.75 and a beta of 0.87. The company’s 50 day simple moving average is $25.32 and its 200-day simple moving average is $25.87. Perdoceo Education has a one year low of $18.10 and a one year high of $29.84.

Perdoceo Education Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Saturday, March 1st were given a $0.13 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.52 dividend on an annualized basis and a yield of 2.06%. Perdoceo Education’s payout ratio is 23.64%.

Insider Activity

In other Perdoceo Education news, CFO Ashish R. Ghia sold 6,236 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $25.00, for a total value of $155,900.00. Following the completion of the sale, the chief financial officer now directly owns 252,130 shares in the company, valued at $6,303,250. This represents a 2.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Todd S. Nelson sold 38,984 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $24.66, for a total value of $961,345.44. Following the sale, the chief executive officer now directly owns 644,047 shares of the company’s stock, valued at approximately $15,882,199.02. The trade was a 5.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 110,691 shares of company stock valued at $2,774,669 in the last ninety days. 2.11% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. StockNews.com upgraded Perdoceo Education from a “buy” rating to a “strong-buy” rating in a report on Tuesday, February 11th. Barrington Research reiterated an “outperform” rating and set a $35.00 price target on shares of Perdoceo Education in a research report on Thursday, April 24th.

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.