Perdoceo Education (NASDAQ:PRDO) Updates Q4 2024 Earnings Guidance

Perdoceo Education (NASDAQ:PRDO) updated its fourth quarter 2024 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.460-0.490 for the period, compared to the consensus earnings per share estimate of 0.460. The company issued revenue guidance of -. Perdoceo Education also updated its FY 2024 guidance to 2.250-2.280 EPS.

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an “outperform” rating and set a $30.00 price objective on shares of Perdoceo Education in a research report on Friday, September 20th.

Perdoceo Education Trading Down 2.2 %

Shares of Perdoceo Education stock traded down $0.56 during mid-day trading on Tuesday, hitting $24.87. 491,598 shares of the stock were exchanged, compared to its average volume of 463,365. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 0.76 and a beta of 1.04. Perdoceo Education has a twelve month low of $16.12 and a twelve month high of $26.40. The company has a 50-day simple moving average of $21.89 and a 200 day simple moving average of $22.25.

Insider Buying and Selling at Perdoceo Education

In other Perdoceo Education news, insider Michele A. Peppers sold 6,476 shares of Perdoceo Education stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $21.00, for a total transaction of $135,996.00. Following the transaction, the insider now owns 61,952 shares of the company’s stock, valued at $1,300,992. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.81% of the stock is currently owned by company insiders.

Perdoceo Education Company Profile

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.