Perdoceo Education (PRDO) Projected to Post Quarterly Earnings on Thursday

Perdoceo Education (NASDAQ:PRDO) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.65 per share and revenue of $206.92 million for the quarter. Perdoceo Education has set its FY 2025 guidance at 2.400-2.560 EPS and its Q2 2025 guidance at 0.640-0.660 EPS.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Thursday, May 1st. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.04. The business had revenue of $213.00 million for the quarter, compared to analysts’ expectations of $207.97 million. Perdoceo Education had a return on equity of 17.10% and a net margin of 20.91%. The business’s revenue for the quarter was up 26.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. 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 Trading Up 0.6%

Shares of Perdoceo Education stock opened at $28.56 on Wednesday. The stock has a market cap of $1.87 billion, a P/E ratio of 12.64, a P/E/G ratio of 0.76 and a beta of 0.83. The stock’s 50 day simple moving average is $31.30 and its 200-day simple moving average is $28.45. Perdoceo Education has a 1-year low of $20.55 and a 1-year high of $34.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.46 and a quick ratio of 4.43.

Perdoceo Education Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Sunday, June 1st were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Friday, May 30th. Perdoceo Education’s dividend payout ratio is currently 23.01%.

Wall Street Analyst Weigh In

PRDO has been the topic of several recent research reports. Wall Street Zen cut Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Monday, May 5th. Barrington Research restated an “outperform” rating and set a $40.00 target price on shares of Perdoceo Education in a report on Tuesday, July 22nd.

Insider Transactions at Perdoceo Education

In related news, SVP John Robert Kline sold 71,254 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $31.75, for a total value of $2,262,314.50. Following the transaction, the senior vice president directly owned 75,868 shares in the company, valued at approximately $2,408,809. This represents a 48.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michele A. Peppers sold 13,091 shares of the company’s stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $30.00, for a total value of $392,730.00. Following the completion of the transaction, the insider owned 49,914 shares in the company, valued at $1,497,420. This represents a 20.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 144,565 shares of company stock valued at $4,550,566 in the last ninety days. 2.11% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Perdoceo Education by 19.2% in the first quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after purchasing an additional 1,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares during the period. Goldman Sachs Group Inc. raised its position in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares during the period. Finally, Jane Street Group LLC raised its position in Perdoceo Education by 117.5% in the first quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after purchasing an additional 144,395 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.