With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.63 million shares. The 52-week range on PRDO shows that it touched its highest point at $31.15 and its lowest point at $20.23 during that stretch. It currently has a 1-year price target of $38.00. With its current market cap of 1.99 billion, PRDO has annualized dividend of $0.50 while the current yield stands at 1.65%. Beta for the stock currently stands at 0.72.
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 up-trending over the past week, with a rise of 20.82%, but this was up by 19.96% over a month. Three-month performance surged to 4.12% while six-month performance rose 37.77%. The stock gained 24.69% in the past year, while it has gained 14.66% so far this year. A look at the trailing 12-month EPS for PRDO yields 2.26 with Next year EPS estimates of 2.46. For the next quarter, that number is 0.60. This implies an EPS growth rate of 4.57% for this year and 7.42% for next year.
Float and Shares Shorts:
At present, 65.54 million PRDO shares are outstanding with a float of 59.83 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. 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. Based on analyst estimates, the high estimate for the next quarter is $0.62 and the low estimate is $0.62. The average estimate for the next quarter is thus $0.62.
