Perdoceo Education (NASDAQ:PRDO) Stock Price Expected to Rise, Barrington Research Analyst Says

Perdoceo Education (NASDAQ:PRDO) had its target price hoisted by research analysts at Barrington Research from $32.00 to $35.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Barrington Research’s price target would suggest a potential upside of 28.82% from the company’s previous close. Barrington Research also issued estimates for Perdoceo Education’s Q1 2025 earnings at $0.66 EPS, Q2 2025 earnings at $0.62 EPS, Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.52 EPS, FY2025 earnings at $2.41 EPS and FY2026 earnings at $2.60 EPS.

Separately, StockNews.com raised Perdoceo Education from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 11th.

Perdoceo Education Price Performance

Perdoceo Education stock opened at $27.17 on Wednesday. The stock’s 50 day moving average is $27.39 and its 200 day moving average is $24.74. The firm has a market cap of $1.79 billion, a P/E ratio of 12.35, a P/E/G ratio of 0.81 and a beta of 1.07. Perdoceo Education has a one year low of $16.12 and a one year high of $29.84.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Perdoceo Education had a return on equity of 17.13% and a net margin of 21.66%. The firm had revenue of $176.43 million for the quarter, compared to analyst estimates of $160.12 million. Equities analysts anticipate that Perdoceo Education will post 2.36 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP John Robert Kline sold 12,148 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $25.79, for a total transaction of $313,296.92. Following the completion of the sale, the senior vice president now owns 130,405 shares in the company, valued at $3,363,144.95. The trade was a 8.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Todd S. Nelson sold 12,472 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $26.29, for a total value of $327,888.88. Following the sale, the chief executive officer now owns 615,697 shares of the company’s stock, valued at approximately $16,186,674.13. This represents a 1.99 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.81% of the company’s stock.

Institutional Investors Weigh In On Perdoceo Education

Several hedge funds and other institutional investors have recently modified their holdings of PRDO. Smartleaf Asset Management LLC increased its holdings in shares of Perdoceo Education by 227.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,315 shares of the company’s stock valued at $34,000 after acquiring an additional 913 shares in the last quarter. Blue Trust Inc. grew its holdings in Perdoceo Education by 38.7% during the third quarter. Blue Trust Inc. now owns 1,762 shares of the company’s stock worth $38,000 after buying an additional 492 shares in the last quarter. Quarry LP grew its holdings in Perdoceo Education by 223.6% during the fourth quarter. Quarry LP now owns 1,793 shares of the company’s stock worth $47,000 after buying an additional 1,239 shares in the last quarter. R Squared Ltd bought a new stake in Perdoceo Education during the fourth quarter worth $60,000. Finally, KBC Group NV grew its holdings in Perdoceo Education by 47.5% during the fourth quarter. KBC Group NV now owns 3,696 shares of the company’s stock worth $98,000 after buying an additional 1,190 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

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.