Perdoceo Education (NASDAQ:PRDO) Releases Q4 2024 Earnings Guidance

Perdoceo Education (NASDAQ:PRDO) issued an update on its fourth quarter 2024 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.460-0.490 for the period, compared to the consensus estimate of 0.460. The company issued revenue guidance of -. Perdoceo Education also updated its FY 2024 guidance to 2.250-2.280 EPS.

Perdoceo Education Trading Down 2.2 %

Shares of NASDAQ:PRDO opened at $24.87 on Wednesday. Perdoceo Education has a 1 year low of $16.12 and a 1 year high of $26.40. The firm has a fifty day moving average price of $21.89 and a 200 day moving average price of $22.25. The stock has a market capitalization of $1.63 billion, a PE ratio of 12.19, a P/E/G ratio of 0.76 and a beta of 1.04.

Analyst Upgrades and Downgrades

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $30.00 price target on shares of Perdoceo Education in a research report on Friday, September 20th.

Insider Activity

In other news, insider Michele A. Peppers sold 6,476 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $21.00, for a total value of $135,996.00. Following the sale, the insider now directly owns 61,952 shares of the company’s stock, valued at approximately $1,300,992. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.81% of the stock is currently owned by company insiders.

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.