Perdoceo Education (NASDAQ:PRDO) Issues Earnings Results, Beats Estimates By $0.04 EPS

Perdoceo Education (NASDAQ:PRDO - Get Free Report) posted its earnings results on Tuesday. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.04, Zacks reports. The company had revenue of $211.87 million during the quarter, compared to the consensus estimate of $207.02 million. Perdoceo Education had a net margin of 20.09% and a return on equity of 17.13%. The firm's quarterly revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. Perdoceo Education updated its Q4 2025 guidance to 0.530-0.550 EPS and its FY 2025 guidance to 2.540-2.560 EPS.

Perdoceo Education Trading Down 3.4%

Shares of Perdoceo Education stock traded down $1.06 during mid-day trading on Wednesday, hitting $29.96. The stock had a trading volume of 187,912 shares, compared to its average volume of 586,356. The firm has a 50-day moving average of $34.89 and a two-hundred day moving average of $32.12. Perdoceo Education has a 12-month low of $23.28 and a 12-month high of $38.02. The company has a quick ratio of 4.26, a current ratio of 4.27 and a debt-to-equity ratio of 0.01. The firm has a market cap of $1.95 billion, a P/E ratio of 12.99, a price-to-earnings-growth ratio of 0.92 and a beta of 0.88.

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 12th. Stockholders of record on Friday, November 28th will be paid 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 25.97%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Barrington Research restated an "outperform" rating and set a $42.00 target price on shares of Perdoceo Education in a research report on Tuesday, October 21st. Wall Street Zen raised shares of Perdoceo Education from a "buy" rating to a "strong-buy" rating in a report on Tuesday. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Perdoceo Education in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $42.00.

Read Our Latest Stock Analysis on PRDO

Insider Activity

In related news, CEO Todd S. Nelson sold 40,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $35.17, for a total transaction of $1,406,800.00. Following the completion of the transaction, the chief executive officer owned 524,047 shares of the company's stock, valued at approximately $18,430,732.99. This trade represents a 7.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $554,959.11. Following the transaction, the chairman directly owned 60,962 shares of the company's stock, valued at $2,042,836.62. The trade was a 21.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 205,656 shares of company stock worth $6,871,148 in the last three months. 2.11% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Perdoceo Education

A number of hedge funds have recently added to or reduced their stakes in PRDO. Osaic Holdings Inc. lifted its position in shares of Perdoceo Education by 136.1% during the 2nd quarter. Osaic Holdings Inc. now owns 26,434 shares of the company's stock worth $864,000 after purchasing an additional 15,238 shares during the last quarter. Nomura Holdings Inc. acquired a new position in Perdoceo Education in the second quarter valued at $671,000. Public Sector Pension Investment Board boosted its holdings in shares of Perdoceo Education by 8.2% in the second quarter. Public Sector Pension Investment Board now owns 255,254 shares of the company's stock valued at $8,344,000 after acquiring an additional 19,310 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Perdoceo Education by 201.6% in the second quarter. Tower Research Capital LLC TRC now owns 7,256 shares of the company's stock valued at $237,000 after acquiring an additional 4,850 shares in the last quarter. Finally, State of Tennessee Department of Treasury boosted its holdings in shares of Perdoceo Education by 15.8% in the second quarter. State of Tennessee Department of Treasury now owns 19,186 shares of the company's stock valued at $627,000 after acquiring an additional 2,615 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.

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