Perdoceo Education (NASDAQ:PRDO) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Perdoceo Education (NASDAQ:PRDO) from a buy rating to a strong-buy rating in a research note released on Sunday.

A number of other equities research analysts also recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Wednesday, October 8th. Barrington Research lifted their price objective on Perdoceo Education from $40.00 to $42.00 and gave the company an “outperform” rating in a research report on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $42.00.

Perdoceo Education Stock Performance

Perdoceo Education stock opened at $35.11 on Friday. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 15.20, a PEG ratio of 0.93 and a beta of 0.88. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.26 and a current ratio of 4.27. Perdoceo Education has a fifty-two week low of $20.55 and a fifty-two week high of $38.02. The stock has a fifty day moving average of $34.24 and a two-hundred day moving average of $31.29.

Perdoceo Education (NASDAQ:PRDO) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $209.58 million during the quarter, compared to the consensus estimate of $206.92 million. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%.The business’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.60 earnings per share. Perdoceo Education has set its Q3 2025 guidance at 0.600-0.620 EPS. FY 2025 guidance at 2.480-2.550 EPS. On average, analysts anticipate that Perdoceo Education will post 2.41 EPS for the current fiscal year.

Perdoceo Education Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, September 2nd. Perdoceo Education’s dividend payout ratio (DPR) is presently 25.97%.

Insider Activity

In other Perdoceo Education news, Chairman Gregory L. Jackson sold 4,568 shares of the business’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $32.50, for a total transaction of $148,460.00. Following the completion of the sale, the chairman owned 60,962 shares of the company’s stock, valued at approximately $1,981,265. The trade was a 6.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Greg E. Jansen sold 30,234 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $33.00, for a total value of $997,722.00. Following the transaction, the senior vice president owned 96,279 shares in the company, valued at approximately $3,177,207. This represents a 23.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 205,656 shares of company stock valued at $6,871,148 in the last 90 days. 2.11% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc acquired a new position in shares of Perdoceo Education during the first quarter worth about $25,000. Blue Trust Inc. lifted its stake in shares of 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 purchasing an additional 374 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Perdoceo Education by 59.0% during the third quarter. GAMMA Investing LLC now owns 1,776 shares of the company’s stock worth $67,000 after purchasing an additional 659 shares in the last quarter. Planned Solutions Inc. acquired a new position in shares of Perdoceo Education during the second quarter worth about $201,000. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Perdoceo Education in the first quarter worth about $206,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Perdoceo Education

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.