Adversity is less terrifying than hope: Perdoceo Education Corporation (PRDO)

With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Education & Training Services company that operates in wider Consumer Defensive sector, reached to the highest price of $26.55 whereas the lowest price it dropped to was $26.14. The 52-week range on PRDO shows that it touched its highest point at $29.47 and its lowest point at $16.12 during that stretch. It currently has a 1-year price target of $32.00. With its current market cap of 1.74 billion, PRDO has annualized dividend of $0.46 while the current yield stands at 1.74%. Beta for the stock currently stands at 1.04.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PRDO was down-trending over the past week, with a drop of -5.47%, but this was up by 26.82% over a month. Three-month performance surged to 15.57% while six-month performance rose 13.58%. The stock gained 56.02% in the past year, while it has gained 50.51% so far this year. A look at the trailing 12-month EPS for PRDO yields 1.99 with Next year EPS estimates of 2.27. For the next quarter, that number is 0.45. This implies an EPS growth rate of 0.00% for this year and 4.13% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.04%.

Float and Shares Shorts:

At present, 65.54 million PRDO shares are outstanding with a float of 60.00 million shares on hand for trading. On 2024-10-31, short shares totaled 4.62 million, which was 704.0 higher than short shares on 1727654400. In addition to Mr. Todd S. Nelson as the firm’s President, CEO & Director, Mr. Ashish R. Ghia serves as its Senior VP, Treasurer & CFO.

Institutional Ownership:

Through their ownership of 0.96764 of PRDO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PRDO reported revenue of $169828000.0 and operating income of $53527000.0. The EBITDA in the recently reported quarter was $64230000.0 and diluted EPS was $0.57.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With PRDO analysts setting a high price target of 32.0 and a low target of 32.0, the average target price over the next 12 months is 32.0. Based on these targets, PRDO could surge 21.07% to reach the target high and rise by 21.07% to reach the target low. Reaching the average price target will result in a growth of 21.07% from current levels.

Analysts have provided yearly estimates in a range of $2.18 being high and $2.18 being low. For PRDO, this leads to a yearly average estimate of $2.18. The surprise factor in the prior quarter was $0.58. Based on analyst estimates, the high estimate for the next quarter is $2.27 and the low estimate is $2.27. The average estimate for the next quarter is thus $2.27.