Last 7 days
3.2%
Last 30 days
4.4%
Last 90 days
12.4%
Trailing 12 Months
29.4%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 707.8M | 726.7M | 738.2M | 0 |
2022 | 692.4M | 684.5M | 678.9M | 695.2M |
2021 | 700.0M | 699.5M | 704.3M | 693.0M |
2020 | 640.8M | 660.4M | 674.6M | 687.3M |
2019 | 591.1M | 605.5M | 614.8M | 627.7M |
2018 | 582.4M | 578.2M | 578.9M | 581.3M |
2017 | 667.6M | 631.2M | 608.6M | 596.4M |
2016 | 819.1M | 784.9M | 749.1M | 704.4M |
2015 | 900.6M | 888.7M | 864.8M | 847.3M |
2014 | 851.4M | 867.6M | 895.8M | 914.0M |
2013 | 1.2B | 1.1B | 943.6M | 839.7M |
2012 | 1.7B | 1.6B | 1.5B | 1.3B |
2011 | 2.1B | 2.1B | 2.0B | 1.9B |
2010 | 1.9B | 2.0B | 2.0B | 2.1B |
2009 | 1.7B | 1.7B | 1.8B | 1.8B |
2008 | 0 | 0 | 0 | 1.7B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Nov 20, 2023 | nelson todd s | sold | -249,424 | 17.05 | -14,629 | president & ceo |
Nov 20, 2023 | nelson todd s | acquired | 121,421 | 8.3 | 14,629 | president & ceo |
Nov 17, 2023 | nelson todd s | sold | -291,360 | 18.21 | -16,000 | president & ceo |
Nov 17, 2023 | nelson todd s | acquired | 132,800 | 8.3 | 16,000 | president & ceo |
Nov 15, 2023 | kline john robert | sold | -194,810 | 17.71 | -11,000 | svp, aiu |
Sep 13, 2023 | peppers michele a | sold | -225,138 | 16.8013 | -13,400 | principal accounting officer |
Sep 13, 2023 | peppers michele a | acquired | 115,920 | 13.8 | 8,400 | principal accounting officer |
Aug 25, 2023 | nelson todd s | sold | -147,654 | 16.13 | -9,154 | executive chairman |
Aug 24, 2023 | nelson todd s | sold | -258,080 | 16.13 | -16,000 | executive chairman |
Aug 23, 2023 | nelson todd s | sold | -257,280 | 16.08 | -16,000 | executive chairman |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 04, 2023 | TUCKER ASSET MANAGEMENT LLC | sold off | -100 | -192,295 | - | -% |
Nov 27, 2023 | USA FINANCIAL FORMULAS | unchanged | - | 20,716 | 73,342 | 0.11% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -68.29 | -667,302 | 528,373 | -% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 68,000 | -% |
Nov 22, 2023 | Public Sector Pension Investment Board | reduced | -32.29 | -82,937 | 1,386,690 | 0.01% |
Nov 21, 2023 | COMERICA BANK | added | 2,512 | 509,906 | 511,906 | -% |
Nov 21, 2023 | Walleye Trading LLC | new | - | 85,192 | 85,192 | -% |
Nov 15, 2023 | JANE STREET GROUP, LLC | reduced | -65.7 | -261,979 | 239,913 | -% |
Nov 15, 2023 | MORGAN STANLEY | added | 34.11 | 8,832,700 | 18,996,600 | -% |
Nov 15, 2023 | GSA CAPITAL PARTNERS LLP | reduced | -11.37 | 119,000 | 623,000 | 0.05% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | renaissance technologies llc | 6.50% | 4,367,987 | SC 13G/A | |
Feb 10, 2023 | dimensional fund advisors lp | 6.8% | 4,590,973 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 8.62% | 5,792,684 | SC 13G/A | |
Jan 23, 2023 | blackrock inc. | 16.5% | 11,080,151 | SC 13G/A | |
Feb 11, 2022 | renaissance technologies llc | 6.68% | 4,679,987 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 16.5% | 11,533,620 | SC 13G/A | |
Jan 26, 2022 | blackrock inc. | 16.5% | 11,533,620 | SC 13G | |
Feb 16, 2021 | frontier capital management co llc | 0.0% | 0 | SC 13G/A | |
Feb 12, 2021 | dimensional fund advisors lp | 4.7% | 3,269,714 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Nov 27, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 21, 2023 | 4 | Insider Trading | |
Nov 20, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 17, 2023 | 8-K | Current Report | |
Nov 17, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 16, 2023 | 4 | Insider Trading | |
Nov 15, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 02, 2023 | 8-K | Current Report | |
Nov 02, 2023 | 10-Q | Quarterly Report | |
Sep 15, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MID-CAP | ||||||||
LOPE | 4.2B | 941.3M | 2.06% | 28.40% | 21.33 | 4.43 | 4.13% | -1.48% |
COUR | 3.2B | 609.1M | 17.41% | 66.29% | -21.38 | 5.19 | 22.66% | 13.69% |
GHC | 3.0B | 4.3B | 2.66% | 3.53% | 18.81 | 0.69 | 15.81% | 8.39% |
LRN | 2.6B | 1.9B | 7.95% | 81.80% | 17.04 | 1.39 | 10.56% | 70.93% |
ATGE | 2.4B | 1.5B | 7.45% | 50.27% | 23.22 | 1.63 | 1.01% | -72.43% |
LAUR | 2.3B | 1.4B | -1.86% | 29.53% | 23.11 | 1.69 | 19.16% | 87.77% |
STRA | 2.2B | 1.1B | 2.21% | 12.87% | 44.69 | 1.99 | 3.05% | -2.06% |
SMALL-CAP | ||||||||
CHGG | 1.2B | 733.5M | 31.05% | -62.72% | 117.2 | 1.66 | -4.64% | -96.41% |
LINC | 293.2M | 367.3M | -1.37% | 48.49% | 10.56 | 0.8 | 6.68% | -0.98% |
APEI | 132.7M | 600.2M | 64.38% | -47.27% | -1.98 | 0.22 | -1.27% | 32.49% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | -3.6% | 180 | 187 | 196 | 176 | 168 | 168 | 183 | 160 | 174 | 176 | 184 | 171 | 169 | 176 | 171 | 158 | 155 | 156 | 158 | 146 | 146 |
Operating Expenses | -1.2% | 137 | 138 | 152 | 153 | 139 | 134 | 139 | 125 | 136 | 140 | 143 | 135 | 137 | 139 | 134 | 126 | 131 | 156 | 128 | 125 | 126 |
S&GA Expenses | -8.5% | 92.00 | 101 | 113 | 115 | 104 | 101 | 106 | 95.00 | 106 | 107 | 110 | 102 | 105 | 106 | 104 | 99.00 | 103 | 129 | 99.00 | 98.00 | 97.00 |
EBITDA Margin | - | - | - | - | - | - | - | - | -0.11* | -0.11* | -0.11* | -0.11* | -0.12* | -0.12* | -0.13* | -0.13* | -0.14* | -0.14* | -0.14* | -0.14* | - | - |
Interest Expenses | 1.0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.04 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Income Taxes | -66.0% | 7.00 | 20.00 | 13.00 | 8.00 | 9.00 | 9.00 | 12.00 | 10.00 | 10.00 | 9.00 | 10.00 | 10.00 | -7.21 | 10.00 | 10.00 | 6.00 | 8.00 | 2.00 | 6.00 | 7.00 | 5.00 |
EBT Margin | - | - | - | - | - | - | - | - | -0.14* | -0.13* | -0.14* | -0.13* | -0.14* | -0.14* | -0.14* | -0.15* | -0.15* | -0.15* | -0.16* | -0.16* | - | - |
Net Income | -24.4% | 41.00 | 55.00 | 34.00 | 16.00 | 22.00 | 26.00 | 32.00 | 24.00 | 28.00 | 27.00 | 31.00 | 27.00 | 40.00 | 28.00 | 29.00 | 28.00 | 18.00 | -0.56 | 25.00 | 14.00 | 15.00 |
Net Income Margin | - | - | - | 0.14* | 0.14* | 0.15* | 0.16* | 0.16* | 0.16* | 0.16* | 0.18* | 0.18* | 0.18* | 0.18* | 0.16* | 0.12* | 0.11* | - | - | - | - | - |
Free Cashflow | - | - | - | 5.00 | 41.00 | 53.00 | 33.00 | 22.00 | 47.00 | 61.00 | 38.00 | 43.00 | 41.00 | 31.00 | 55.00 | 47.00 | -13.59 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 1.2% | 1,026 | 1,014 | 963 | 957 | 899 | 856 | 844 | 847 | 836 | 786 | 750 | 722 | 684 | 655 | 607 | 599 | 599 | 562 | 530 | 482 | 461 |
Current Assets | 4.1% | 670 | 643 | 585 | 575 | 582 | 572 | 556 | 554 | 537 | 549 | 506 | 467 | 417 | 394 | 332 | 360 | 353 | 321 | 282 | 269 | 240 |
Cash Equivalents | 17.9% | 166 | 141 | 90.00 | 109 | 147 | 149 | 190 | 320 | 266 | 87.00 | 86.00 | 106 | 58.00 | 92.00 | 38.00 | 109 | 47.00 | 51.00 | 39.00 | 32.00 | 32.00 |
Inventory | -24.1% | 2.00 | 3.00 | 4.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Net PPE | -3.0% | 24.00 | 24.00 | 26.00 | 26.00 | 26.00 | 27.00 | 28.00 | 28.00 | 26.00 | 25.00 | 26.00 | 28.00 | 29.00 | 28.00 | 28.00 | 26.00 | 27.00 | 28.00 | 28.00 | 30.00 | 30.00 |
Goodwill | -1.2% | 241 | 244 | 244 | 244 | 184 | 22.00 | 163 | 163 | 163 | 118 | 118 | 118 | 118 | 118 | 119 | 87.00 | 87.00 | 87.00 | 87.00 | 87.00 | - |
Current Liabilities | -13.3% | 139 | 161 | 135 | 163 | 140 | 110 | 110 | 140 | 134 | 118 | 103 | 104 | 98.00 | 110 | 92.00 | 104 | 132 | 128 | 93.00 | 97.00 | 92.00 |
Shareholder's Equity | 4.7% | 830 | 792 | 761 | 726 | 706 | 693 | 678 | 650 | 645 | 614 | 588 | 556 | 522 | 479 | 445 | 431 | 402 | 381 | 380 | 355 | 340 |
Retained Earnings | 7.7% | 471 | 437 | 382 | 348 | 332 | 310 | 284 | 252 | 228 | 200 | 173 | 142 | 115 | 75.00 | 47.00 | 18.00 | -9.44 | -27.68 | -27.12 | -52.95 | -67.02 |
Additional Paid-In Capital | 0.4% | 692 | 689 | 687 | 684 | 681 | 679 | 677 | 674 | 670 | 666 | 662 | 658 | 651 | 647 | 643 | 639 | 634 | 631 | 630 | 628 | 627 |
Accumulated Depreciation | 3.4% | 61.00 | 59.00 | 57.00 | 54.00 | 119 | 116 | 117 | 114 | 111 | 108 | 105 | 101 | 102 | 99.00 | 96.00 | 93.00 | 197 | 195 | 193 | 198 | 196 |
Shares Outstanding | 0.1% | 66.00 | 66.00 | 67.00 | 67.00 | 67.00 | 68.00 | 69.00 | 69.00 | 70.00 | 70.00 | 70.00 | 70.00 | 69.00 | 69.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 | 70.00 |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -47.1% | 32,613,000 | 61,648,000 | 4,572,000 | 40,546,000 | 52,861,000 | 32,625,000 | 22,154,000 | 46,910,000 | 61,461,000 | 38,037,000 | 44,708,000 | 42,203,000 | 32,389,000 | 60,596,000 | 44,768,000 | -12,306,000 | 31,977,000 | 40,469,000 | 12,945,000 | 38,692,000 | 3,541,000 |
Share Based Compensation | 15.6% | 2,336,000 | 2,021,000 | 2,294,000 | 2,517,000 | 1,918,000 | 1,900,000 | 2,416,000 | 3,685,000 | 3,857,000 | 3,677,000 | 3,753,000 | 3,644,000 | 3,232,000 | 3,291,000 | 3,212,000 | 5,352,000 | 1,516,000 | 1,037,000 | 1,369,000 | 1,471,000 | 1,445,000 |
Cashflow From Investing | 92.1% | -721,000 | -9,112,000 | -21,358,000 | -71,043,000 | -46,110,000 | -62,684,000 | -146,914,000 | 30,006,000 | 118,621,000 | -31,660,000 | -62,643,000 | 1,581,000 | -65,958,000 | -7,591,000 | -93,940,000 | 47,044,000 | -7,023,000 | -28,205,000 | -4,117,000 | -38,369,000 | -5,482,000 |
Cashflow From Financing | -321.3% | -7,786,000 | -1,848,000 | -2,777,000 | 70,000 | -7,380,000 | -11,654,000 | -8,765,000 | -23,333,000 | 170,000 | -5,065,000 | -1,718,000 | 3,780,000 | 153,000 | 599,000 | -17,583,000 | -3,475,000 | 1,016,000 | 41,000 | -2,423,000 | 42,000 | 343,000 |
Buy Backs | -100.0% | - | 1,914,000 | 815,000 | - | 7,447,000 | 11,842,000 | 3,828,000 | 19,924,000 | - | - | - | - | 553,000 | - | 17,309,000 | - | - | - | - | - | - |
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||
REVENUE: | ||||||
Total revenue | $ 179,923 | $ 168,420 | $ 562,085 | $ 519,063 | ||
OPERATING EXPENSES: | ||||||
Educational services and facilities | 33,502 | 30,149 | 100,101 | 85,506 | ||
General and administrative | 92,054 | 103,882 | 305,328 | 311,510 | ||
Depreciation and amortization | 3,914 | 5,065 | 13,438 | 14,856 | ||
Asset impairment | 7,380 | 8,715 | 228 | |||
Total operating expenses | 136,850 | 139,096 | 427,582 | 412,100 | ||
Operating income | 43,073 | 29,324 | 134,503 | 106,963 | ||
OTHER INCOME: | ||||||
Interest income | 5,210 | 2,270 | 13,559 | 3,697 | ||
Interest expense | (97) | (96) | (288) | (298) | ||
Miscellaneous (expense) income | (98) | (206) | 21,970 | (521) | ||
Total other income | 5,015 | 1,968 | 35,241 | 2,878 | ||
PRETAX INCOME | 48,088 | 31,292 | 169,744 | 109,841 | ||
Provision for income taxes | 6,781 | 9,225 | 39,280 | 29,929 | ||
NET INCOME | $ 41,307 | $ 22,067 | $ 130,464 | $ 79,912 | ||
NET INCOME PER SHARE - BASIC: | $ 0.63 | $ 0.33 | $ 1.95 | $ 1.17 | ||
NET INCOME PER SHARE - DILUTED: | $ 0.62 | $ 0.32 | $ 1.92 | $ 1.16 | ||
WEIGHTED AVERAGE SHARES OUTSTANDING: | ||||||
Basic | 65,634 | 67,506 | 66,758 | 68,193 | ||
Diluted | 67,103 | 68,550 | 68,072 | 69,131 | ||
Tuition and Fees, Net [Member] | ||||||
REVENUE: | ||||||
Total revenue | $ 178,259 | $ 166,437 | $ 556,098 | $ 513,660 | ||
Other [Member] | ||||||
REVENUE: | ||||||
Total revenue | [1] | $ 1,664 | $ 1,983 | $ 5,987 | $ 5,403 | |
|
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
CURRENT ASSETS: | ||||
Cash and cash equivalents, unrestricted | $ 165,639 | $ 109,408 | ||
Restricted cash | 8,476 | 9,476 | ||
Total cash, cash equivalents and restricted cash | 174,115 | 118,884 | ||
Short-term investments | 429,617 | 399,315 | ||
Total cash and cash equivalents, restricted cash and short-term investments | 603,732 | 518,199 | ||
Student receivables, gross | 77,536 | 81,197 | ||
Allowance for credit losses | (36,257) | (38,646) | ||
Student receivables, net | 41,279 | 42,551 | ||
Receivables, other | 11,991 | 3,457 | ||
Prepaid expenses | 10,144 | 8,411 | ||
Inventories | 2,183 | 1,904 | ||
Other current assets | 261 | 597 | ||
Total current assets | 669,590 | 575,119 | ||
NON-CURRENT ASSETS: | ||||
Property and equipment, net of accumulated depreciation of $61,230 and $54,238 as of September 30, 2023 and December 31, 2022, respectively | 23,530 | 26,038 | ||
Right of use asset, net | 22,073 | 26,156 | ||
Goodwill | 241,162 | 243,540 | ||
Intangible assets, net of amortization of $22,197 and $15,981 as of September 30, 2023 and December 31, 2022, respectively | 39,973 | 53,564 | ||
Student receivables, gross | 4,625 | 6,345 | ||
Allowance for credit losses | (3,451) | (4,495) | ||
Student receivables, net | 1,174 | 1,850 | ||
Deferred income tax assets, net | 23,316 | 24,613 | ||
Other assets | 5,216 | 6,488 | ||
TOTAL ASSETS | [1] | 1,026,034 | 957,368 | |
CURRENT LIABILITIES: | ||||
Lease liability-operating | 5,761 | 6,555 | ||
Accounts payable | 14,542 | 13,518 | ||
Accrued expenses: | ||||
Payroll and related benefits | 41,088 | 40,306 | ||
Advertising and marketing costs | 5,785 | 8,977 | ||
Income taxes | 12,611 | 7,814 | ||
Other | 20,753 | 14,621 | ||
Deferred revenue | 38,704 | 71,590 | ||
Total current liabilities | 139,244 | 163,381 | ||
NON-CURRENT LIABILITIES: | ||||
Lease liability-operating | 22,867 | 27,286 | ||
Other liabilities | 34,264 | 40,856 | ||
Total non-current liabilities | 57,131 | 68,142 | ||
STOCKHOLDERS' EQUITY: | ||||
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding | ||||
Common stock, $0.01 par value; 300,000,000 shares authorized; 90,075,573 and 89,396,192 shares issued, 65,668,638 and 67,175,485 shares outstanding as of September 30, 2023 and December 31, 2022, respectively | 901 | 894 | ||
Additional paid-in capital | 691,576 | 684,183 | ||
Accumulated other comprehensive loss | (4,999) | (5,447) | ||
Retained earnings | 470,829 | 347,839 | ||
Treasury stock, at cost; 24,406,935 and 22,220,707 shares as of September 30, 2023 and December 31, 2022, respectively | (328,648) | (301,624) | ||
Total stockholders' equity | 829,659 | 725,845 | ||
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 1,026,034 | $ 957,368 | ||
|
 CEO | Mr. Andrew H. Hurst |
---|---|
 WEBSITE | www.perdoceoed.com |
 EMPLOYEES | 2400 |