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PRDO

Perdoceo Education Corp

PRDO

18.32USD+0.33 (+1.83%)Delayed as of 07 Dec 2023, 03:13 pm
Watchlist

Market Summary

USD18.32+0.33
Delayedas of 07 Dec 2023, 03:13 pm
1.83%

PRDO Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

PRDO Stock Price

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PRDO RSI Chart

PRDO Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

8.07

Price/Sales (Trailing)

1.6

Price/Free Cashflow

8.48

PRDO Price/Sales (Trailing)

PRDO Profitability

Return on Equity

12.91%

Return on Assets

10.2%

Free Cashflow Yield

11.8%

PRDO Fundamentals

PRDO Revenue

Revenue (TTM)

738.2M

Revenue Y/Y

6.83%

Revenue Q/Q

-3.56%

PRDO Earnings

Earnings (TTM)

146.4M

Earnings Y/Y

87.19%

Earnings Q/Q

-24.45%

Price Action

52 Week Range

11.5018.35
(Low)(High)

Last 7 days

3.2%

Last 30 days

4.4%

Last 90 days

12.4%

Trailing 12 Months

29.4%

How does PRDO drawdown profile look like?

PRDO Financial Health

Current Ratio

4.33

PRDO Investor Care

Buy Backs (1Y)

2.20%

Diluted EPS (TTM)

2.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023707.8M726.7M738.2M0
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

Latest Insider Trading transactions for PRDO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold PRDO recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 47

Latest Funds Activity

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

Schedule 13G FIlings of Perdoceo Education Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Perdoceo Education Corp

View All Filings
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

PRDO Fair Value

Loading...

Peers (Alternatives to Perdoceo Education Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
4.2B
941.3M
2.06% 28.40%
21.33
4.43
4.13% -1.48%
3.2B
609.1M
17.41% 66.29%
-21.38
5.19
22.66% 13.69%
3.0B
4.3B
2.66% 3.53%
18.81
0.69
15.81% 8.39%
2.6B
1.9B
7.95% 81.80%
17.04
1.39
10.56% 70.93%
2.4B
1.5B
7.45% 50.27%
23.22
1.63
1.01% -72.43%
2.3B
1.4B
-1.86% 29.53%
23.11
1.69
19.16% 87.77%
2.2B
1.1B
2.21% 12.87%
44.69
1.99
3.05% -2.06%
SMALL-CAP
1.2B
733.5M
31.05% -62.72%
117.2
1.66
-4.64% -96.41%
293.2M
367.3M
-1.37% 48.49%
10.56
0.8
6.68% -0.98%
132.7M
600.2M
64.38% -47.27%
-1.98
0.22
-1.27% 32.49%

Perdoceo Education Corp News

Latest updates
Nasdaq28 Nov 202303:16 pm9 days ago
Nasdaq24 Nov 202308:00 am13 days ago
GuruFocus.com22 Nov 202308:05 pm15 days ago
Nasdaq22 Nov 202308:00 am15 days ago
InvestorsObserver20 Nov 202308:00 am17 days ago
InvestorsObserver03 Nov 202307:00 am34 days ago
The Business Journals24 Feb 202308:00 am9 months ago
Republic Report13 Nov 202208:00 am12 months ago
Yahoo Finance19 Jul 202107:00 am2 years ago
ThinkMarkets15 Jun 202104:37 pm2 years ago
Yahoo Finance28 Oct 202007:00 am3 years ago
Yahoo Finance05 Oct 202007:00 am3 years ago
Daily Herald18 Dec 201908:00 am3 years ago

Financials for Perdoceo Education Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-3.6%180187196176168168183160174176184171169176171158155156158146146
Operating Expenses-1.2%137138152153139134139125136140143135137139134126131156128125126
  S&GA Expenses-8.5%92.0010111311510410110695.0010610711010210510610499.0010312999.0098.0097.00
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 Expenses1.0%0.000.000.000.000.000.000.00-0.041.000.000.000.000.000.000.000.000.000.000.000.000.00
Income Taxes-66.0%7.0020.0013.008.009.009.0012.0010.0010.009.0010.0010.00-7.2110.0010.006.008.002.006.007.005.00
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%41.0055.0034.0016.0022.0026.0032.0024.0028.0027.0031.0027.0040.0028.0029.0028.0018.00-0.5625.0014.0015.00
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---5.0041.0053.0033.0022.0047.0061.0038.0043.0041.0031.0055.0047.00-13.59-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.2%1,0261,014963957899856844847836786750722684655607599599562530482461
  Current Assets4.1%670643585575582572556554537549506467417394332360353321282269240
    Cash Equivalents17.9%16614190.0010914714919032026687.0086.0010658.0092.0038.0010947.0051.0039.0032.0032.00
  Inventory-24.1%2.003.004.002.002.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.00
  Net PPE-3.0%24.0024.0026.0026.0026.0027.0028.0028.0026.0025.0026.0028.0029.0028.0028.0026.0027.0028.0028.0030.0030.00
  Goodwill-1.2%24124424424418422.0016316316311811811811811811987.0087.0087.0087.0087.00-
  Current Liabilities-13.3%13916113516314011011014013411810310498.0011092.0010413212893.0097.0092.00
Shareholder's Equity4.7%830792761726706693678650645614588556522479445431402381380355340
  Retained Earnings7.7%47143738234833231028425222820017314211575.0047.0018.00-9.44-27.68-27.12-52.95-67.02
  Additional Paid-In Capital0.4%692689687684681679677674670666662658651647643639634631630628627
Accumulated Depreciation3.4%61.0059.0057.0054.0011911611711411110810510110299.0096.0093.00197195193198196
Shares Outstanding0.1%66.0066.0067.0067.0067.0068.0069.0069.0070.0070.0070.0070.0069.0069.0070.0070.0070.0070.0070.0070.0070.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-47.1%32,613,00061,648,0004,572,00040,546,00052,861,00032,625,00022,154,00046,910,00061,461,00038,037,00044,708,00042,203,00032,389,00060,596,00044,768,000-12,306,00031,977,00040,469,00012,945,00038,692,0003,541,000
  Share Based Compensation15.6%2,336,0002,021,0002,294,0002,517,0001,918,0001,900,0002,416,0003,685,0003,857,0003,677,0003,753,0003,644,0003,232,0003,291,0003,212,0005,352,0001,516,0001,037,0001,369,0001,471,0001,445,000
Cashflow From Investing92.1%-721,000-9,112,000-21,358,000-71,043,000-46,110,000-62,684,000-146,914,00030,006,000118,621,000-31,660,000-62,643,0001,581,000-65,958,000-7,591,000-93,940,00047,044,000-7,023,000-28,205,000-4,117,000-38,369,000-5,482,000
Cashflow From Financing-321.3%-7,786,000-1,848,000-2,777,00070,000-7,380,000-11,654,000-8,765,000-23,333,000170,000-5,065,000-1,718,0003,780,000153,000599,000-17,583,000-3,475,0001,016,00041,000-2,423,00042,000343,000
  Buy Backs-100.0%-1,914,000815,000-7,447,00011,842,0003,828,00019,924,000----553,000-17,309,000------

PRDO Income Statement

2023-09-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 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 facilities33,50230,149100,10185,506
General and administrative92,054103,882305,328311,510
Depreciation and amortization3,9145,06513,43814,856
Asset impairment7,380 8,715228
Total operating expenses136,850139,096427,582412,100
Operating income43,07329,324134,503106,963
OTHER INCOME:    
Interest income5,2102,27013,5593,697
Interest expense(97)(96)(288)(298)
Miscellaneous (expense) income(98)(206)21,970(521)
Total other income5,0151,96835,2412,878
PRETAX INCOME48,08831,292169,744109,841
Provision for income taxes6,7819,22539,28029,929
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:    
Basic65,63467,50666,75868,193
Diluted67,10368,55068,07269,131
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
[1]Other revenue primarily includes contract training revenue and miscellaneous non-student related revenue.

PRDO Balance Sheet

2023-09-30
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 cash8,4769,476
Total cash, cash equivalents and restricted cash174,115118,884
Short-term investments429,617399,315
Total cash and cash equivalents, restricted cash and short-term investments603,732518,199
Student receivables, gross77,53681,197
Allowance for credit losses(36,257)(38,646)
Student receivables, net41,27942,551
Receivables, other11,9913,457
Prepaid expenses10,1448,411
Inventories2,1831,904
Other current assets261597
Total current assets669,590575,119
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, respectively23,53026,038
Right of use asset, net22,07326,156
Goodwill241,162243,540
Intangible assets, net of amortization of $22,197 and $15,981 as of September 30, 2023 and December 31, 2022, respectively39,97353,564
Student receivables, gross4,6256,345
Allowance for credit losses(3,451)(4,495)
Student receivables, net1,1741,850
Deferred income tax assets, net23,31624,613
Other assets5,2166,488
TOTAL ASSETS[1]1,026,034957,368
CURRENT LIABILITIES:  
Lease liability-operating5,7616,555
Accounts payable14,54213,518
Accrued expenses:  
Payroll and related benefits41,08840,306
Advertising and marketing costs5,7858,977
Income taxes12,6117,814
Other20,75314,621
Deferred revenue38,70471,590
Total current liabilities139,244163,381
NON-CURRENT LIABILITIES:  
Lease liability-operating22,86727,286
Other liabilities34,26440,856
Total non-current liabilities57,13168,142
STOCKHOLDERS' EQUITY:  
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value; 300,000,000 shares authorized; 90,075,573 and 89,396,192 shares issued, 65,668,638 and 67,175,485 shares outstanding as of September 30, 2023 and December 31, 2022, respectively901894
Additional paid-in capital691,576684,183
Accumulated other comprehensive loss(4,999)(5,447)
Retained earnings470,829347,839
Treasury stock, at cost; 24,406,935 and 22,220,707 shares as of September 30, 2023 and December 31, 2022, respectively(328,648)(301,624)
Total stockholders' equity829,659725,845
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 1,026,034$ 957,368
[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
 WEBSITEwww.perdoceoed.com
 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 Wed Dec 06 2023, market cap of Perdoceo Education Corp is 1.18 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. 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 Wed Dec 06 2023, PRDO's PE ratio (Price to Earnings) is 8.07 and Price to Sales (PS) ratio is 1.6. 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 0.149 (multiply by 100 for percentage) rate of return.