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PRDO

PRDO - Perdoceo Education Corp Stock Price, Fair Value and News

20.60USD0.00 (0.00%)Market Closed

Market Summary

PRDO
USD20.600.00
Market Closed
0.00%

PRDO Alerts

  • Big fall in Revenue (Y/Y)

PRDO Stock Price

View Fullscreen

PRDO RSI Chart

PRDO Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

8.86

Price/Sales (Trailing)

1.98

EV/EBITDA

-13.63

Price/Free Cashflow

8.34

PRDO Price/Sales (Trailing)

PRDO Profitability

EBT Margin

-13.83%

Return on Equity

17.62%

Return on Assets

14.51%

Free Cashflow Yield

11.98%

PRDO Fundamentals

PRDO Revenue

Revenue (TTM)

682.7M

Rev. Growth (Yr)

-13.97%

Rev. Growth (Qtr)

13.75%

PRDO Earnings

Earnings (TTM)

152.6M

Earnings Growth (Yr)

14.38%

Earnings Growth (Qtr)

129.47%

Breaking Down PRDO Revenue

Last 7 days

-3.5%

Last 30 days

-12.3%

Last 90 days

15.9%

Trailing 12 Months

64.1%

How does PRDO drawdown profile look like?

PRDO Financial Health

Current Ratio

4.95

PRDO Investor Care

Dividend Yield

1.07%

Dividend/Share (TTM)

0.22

Buy Backs (1Y)

2.78%

Diluted EPS (TTM)

2.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024682.7M000
2023707.8M726.7M738.2M710.0M
2022692.4M684.5M678.9M695.2M
2021700.0M699.5M704.3M693.0M
2020640.8M660.4M674.6M687.3M
2019591.1M605.5M614.8M627.7M
2018582.4M578.2M578.9M581.3M
2017667.6M631.2M608.6M596.4M
2016819.1M784.9M749.1M704.4M
2015900.6M888.7M864.8M847.3M
2014851.4M867.6M895.8M914.0M
20131.2B1.1B943.6M839.7M
20121.7B1.6B1.5B1.3B
20112.1B2.1B2.0B1.9B
20101.9B2.0B2.0B2.1B
20091.7B1.7B1.8B1.8B
20080001.7B
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Tracking the Latest Insider Buys and Sells of Perdoceo Education Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 23, 2024
wheat alan dupree
acquired
-
-
6,256
-
May 23, 2024
gross patrick w
acquired
-
-
6,256
-
May 23, 2024
jackson gregory l.
acquired
-
-
6,256
-
May 23, 2024
hansen william dean
acquired
-
-
6,256
-
May 23, 2024
gonzales kenda b
acquired
-
-
6,256
-
May 23, 2024
thornton leslie t
acquired
-
-
6,256
-
May 23, 2024
chookaszian dennis
acquired
-
-
6,256
-
Apr 26, 2024
ghia ashish r
sold
-216,828
19.00
-11,412
cfo
Mar 28, 2024
nelson todd s
sold
-29,709
17.79
-1,670
president and ceo
Mar 27, 2024
nelson todd s
sold
-283,200
17.7
-16,000
president and ceo

1–10 of 50

Which funds bought or sold PRDO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
34.00
842
-%
May 28, 2024
Boston Partners
added
979
12,154,300
13,376,200
0.02%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-
387,000
-%
May 16, 2024
COMERICA BANK
reduced
-9.24
-48,624
477,755
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.18
-62,970
1,153,010
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-78.56
-925,553
252,530
-%
May 16, 2024
Pineridge Advisors LLC
reduced
-26.47
-474
1,317
-%
May 16, 2024
Virtus Investment Advisers, Inc.
unchanged
-
-
688,422
0.49%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-33.97
-167,732
326,070
0.01%
May 15, 2024
Snowden Capital Advisors LLC
reduced
-1.12
-6,410
566,415
0.02%

1–10 of 49

Are Funds Buying or Selling PRDO?

Are funds buying PRDO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PRDO
No. of Funds

Unveiling Perdoceo Education Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 28, 2024
aralon capital s.l.
5.34%
0
SC 13G
Feb 13, 2024
renaissance technologies llc
6.85%
4,502,587
SC 13G/A
Feb 13, 2024
vanguard group inc
8.91%
5,850,998
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.7%
5,064,870
SC 13G/A
Jan 22, 2024
blackrock inc.
16.6%
10,904,290
SC 13G/A
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

Recent SEC filings of Perdoceo Education Corp

View All Filings
Date Filed Form Type Document
May 28, 2024
SC 13G
Major Ownership Report
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
8-K
Current Report
May 01, 2024
10-Q
Quarterly Report

Peers (Alternatives to Perdoceo Education Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
4.0B
985.4M
-6.82% 31.10%
18.82
4.07
7.43% 14.50%
3.2B
4.5B
-5.93% 25.52%
11.43
0.7
12.24% 1069.12%
3.0B
2.0B
-1.01% 74.62%
16.27
1.51
9.97% 65.59%
2.7B
1.2B
-8.19% 45.85%
26.5
2.31
9.72% 169.91%
2.4B
1.5B
-1.78% 65.06%
22.01
1.57
6.35% 38.51%
2.2B
1.5B
-12.85% 21.09%
17.89
1.46
17.48% 41.19%
SMALL-CAP
1.0B
657.2M
-24.26% -50.77%
-9.53
1.53
19.28% 37.77%
329.5M
394.2M
-10.96% 57.59%
12.73
0.84
11.65% 111.32%
287.2M
605.3M
-11.15% 300.49%
-6.3
0.47
0.67% 63.86%
276.0M
703.0M
-38.58% -72.55%
18.94
0.39
-6.54% -94.46%

Perdoceo Education Corp News

Latest updates
Yahoo Finance Australia10 hours ago
Yahoo New Zealand News17 Jun 202407:05 am

Perdoceo Education Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue13.8%168148180187196176168168183160174176184171169176171158155156158
Operating Expenses-7.6%122132137138152153139134139125136140143135137139134126131156128
  S&GA Expenses-5.7%87.0093.0092.0010111311510410110695.0010610711010210510610499.0010312999.00
EBITDA Margin-6.6%-0.12*-0.11*-0.10*-0.10*-0.10*-0.11*-0.11*-0.11*-0.11*-0.11*-0.11*-0.11*---------
Interest Expenses188.8%0.000.000.000.000.000.000.000.000.00-0.041.000.000.000.000.000.000.000.000.000.000.00
Income Taxes158.4%13.005.007.0020.0013.008.009.009.0012.0010.0010.009.0010.0010.00-7.2110.0010.006.008.002.006.00
EBT Margin-4.0%-0.14*-0.13*-0.13*-0.13*-0.13*-0.14*-0.14*-0.14*-0.14*-0.14*-0.13*-0.14*---------
Net Income129.5%39.0017.0041.0055.0034.0016.0022.0026.0032.0024.0028.0027.0031.0027.0040.0028.0029.0028.0018.00-0.5625.00
Net Income Margin7.5%0.22*0.21*0.20*0.18*0.14*0.14*0.15*0.16*0.16*0.16*0.16*0.18*---------
Free Cashflow313.1%54.0013.0031.0060.003.0039.0052.0031.0021.0046.0060.0037.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.4%1,0521,0071,0261,014963957899856844847836786750722684655607599599562530
  Current Assets7.8%706655670643585575582572556554537549506467417394332360353321282
    Cash Equivalents6.6%12611816614190.0010914714919032026687.0086.0010658.0092.0038.0010947.0051.0039.00
  Inventory-15.0%4.005.002.003.004.002.002.001.001.001.001.001.001.001.001.001.001.001.001.001.001.00
  Net PPE-2.0%21.0021.0024.0024.0026.0026.0026.0027.0028.0028.0026.0025.0026.0028.0029.0028.0028.0026.0027.0028.0028.00
  Goodwill0%24124124124424424418422.0016316316311811811811811811987.0087.0087.00-
  Current Liabilities28.3%14311113916113516314011011014013411810310498.0011092.0010413212893.00
Shareholder's Equity2.9%866841830792761726706693678650645614588556522479445431402381380
  Retained Earnings6.7%51348147143738234833231028425222820017314211575.0047.0018.00-9.44-27.68-27.12
  Additional Paid-In Capital0.5%699695692689687684681679677674670666662658651647643639634631630
Accumulated Depreciation3.2%61.0059.0061.0059.0057.0054.0011911611711411110810510110299.0096.0093.00197195193
Shares Outstanding0.1%66.0066.0066.0066.0067.0067.0068.0069.0069.0070.0070.0070.00---------
Float----650---650---720---923---1,133-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations313.1%54,49213,19232,61361,6484,57240,54652,86132,62522,15446,91061,46138,03744,70842,20332,38960,59644,768-12,30631,97740,46912,945
  Share Based Compensation61.7%2,3071,4272,3362,0212,2942,5171,9181,9002,4163,6853,8573,6773,7533,6443,2323,2913,2125,3521,5161,0371,369
Cashflow From Investing46.3%-30,801-57,315-721-9,112-21,358-71,043-46,110-62,684-146,91430,006118,621-31,660-62,6431,581-65,958-7,591-93,94047,044-7,023-28,205-4,117
Cashflow From Financing-44.8%-15,881-10,971-7,786-1,848-2,77770.00-7,380-11,654-8,765-23,333170-5,065-1,7183,780153599-17,583-3,4751,01641.00-2,423
  Dividend Payments-7,197--------------------
  Buy Backs21.5%6,7695,572-1,914815-7,44711,8423,82819,924----553-17,309----
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PRDO Income Statement

2024-03-31
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUE:  
Total revenue$ 168,264$ 195,598
OPERATING EXPENSES:  
Educational services and facilities29,85833,851
General and administrative87,482112,686
Depreciation and amortization3,0165,155
Asset impairment1,630570
Total operating expenses121,986152,262
Operating income46,27843,336
OTHER INCOME:  
Interest income6,7933,818
Interest expense(335)(95)
Miscellaneous income (expense)115(6)
Total other income6,5733,717
PRETAX INCOME52,85147,053
Provision for income taxes13,40912,569
NET INCOME$ 39,442$ 34,484
NET INCOME PER SHARE - BASIC:$ 0.60$ 0.51
NET INCOME PER SHARE - DILUTED:$ 0.59$ 0.5
WEIGHTED AVERAGE SHARES OUTSTANDING:  
Basic65,55567,235
Diluted66,84168,514
Tuition and Fees, Net [Member]  
REVENUE:  
Total revenue$ 166,998$ 193,319
Other [Member]  
REVENUE:  
Total revenue[1]$ 1,266$ 2,279
[1]Other revenue primarily includes contract training revenue and miscellaneous non-student related revenue.

PRDO Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:  
Cash and cash equivalents, unrestricted$ 125,807$ 118,009
Restricted cash1,0241,012
Total cash, cash equivalents and restricted cash126,831119,021
Short-term investments515,602485,135
Total cash and cash equivalents, restricted cash and short-term investments642,433604,156
Student receivables, gross77,41064,011
Allowance for credit losses(35,468)(34,613)
Student receivables, net41,94229,398
Receivables, other5,2894,539
Prepaid expenses11,91211,712
Inventories4,2515,004
Other current assets196155
Total current assets706,023654,964
NON-CURRENT ASSETS:  
Property and equipment, net of accumulated depreciation of $60,694 and $58,785 as of March 31, 2024 and December 31, 2023, respectively20,93821,371
Right of use asset, net13,96319,096
Goodwill241,162241,162
Intangible assets, net of amortization of $24,720 and $23,612 as of March 31, 2024 and December 31, 2023, respectively35,11036,219
Student receivables, gross7,9467,028
Allowance for credit losses(3,086)(3,169)
Student receivables, net4,8603,859
Deferred income tax assets, net23,06323,804
Other assets6,8466,841
TOTAL ASSETS[1]1,051,9651,007,316
CURRENT LIABILITIES:  
Lease liability-operating5,9895,701
Accounts payable11,83010,766
Accrued expenses:  
Payroll and related benefits18,72632,684
Advertising and marketing costs6,8107,196
Income taxes16,5433,974
Other21,11213,503
Deferred revenue61,49837,215
Total current liabilities142,508111,039
NON-CURRENT LIABILITIES:  
Lease liability-operating16,70121,346
Other liabilities26,65033,510
Total non-current liabilities43,35154,856
Commitments and Contingencies (Note 8)
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value; 300,000,000 shares authorized; 90,907,065 and 90,270,306 shares issued, 65,602,629 and 65,544,539 shares outstanding as of March 31, 2024 and December 31, 2023, respectively909903
Additional paid-in capital698,619694,798
Accumulated other comprehensive loss(1,620)(666)
Retained earnings512,622480,606
Treasury stock, at cost; 25,304,436 and 24,725,767 shares as of March 31, 2024 and December 31, 2023, respectively(344,424)(334,220)
Total stockholders' equity866,106841,421
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 1,051,965$ 1,007,316
[1]Total assets are presented on a condensed consolidated basis and do not include intercompany receivable or payable activity between institutions and corporate and investments in subsidiaries.
PRDO
Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates in two segments, Colorado Technical University and The American InterContinental University System. It offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice, as well as business studies, information technologies, education, and health sciences. The company also operates intellipath, a personalized learning platform; and a mobile application and two-way messaging platform. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. The company was incorporated in 1994 and is based in Schaumburg, Illinois.
 CEO
 WEBSITEperdoceoed.com
 INDUSTRYEducation & Training Services
 EMPLOYEES2400

Perdoceo Education Corp Frequently Asked Questions


What is the ticker symbol for Perdoceo Education Corp? What does PRDO stand for in stocks?

PRDO is the stock ticker symbol of Perdoceo Education Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Perdoceo Education Corp (PRDO)?

As of Tue Jun 18 2024, market cap of Perdoceo Education Corp is 1.35 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRDO stock?

You can check PRDO's fair value in chart for subscribers.

What is the fair value of PRDO stock?

You can check PRDO's fair value in chart for subscribers. The fair value of Perdoceo Education Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Perdoceo Education Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRDO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Perdoceo Education Corp a good stock to buy?

The fair value guage provides a quick view whether PRDO is over valued or under valued. Whether Perdoceo Education Corp is cheap or expensive depends on the assumptions which impact Perdoceo Education Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRDO.

What is Perdoceo Education Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, PRDO's PE ratio (Price to Earnings) is 8.86 and Price to Sales (PS) ratio is 1.98. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRDO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Perdoceo Education Corp's stock?

In the past 10 years, Perdoceo Education Corp has provided 0.152 (multiply by 100 for percentage) rate of return.