Perdoceo Education (PRDO)

• Market cap: $1.82B
• 1 day: 1.24%
• 5 days: 7.33%
• 1 month: 1.24%
• 3 months: 29.24%
• 6 months: 18.55%
• Year to date: 5.89%
• 1 year: 57.84%
• 5 years: 46.95%
• 10 years: 374.61%
• Sector: Consumer Discretionary
• Industry: Educational Services

About: Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment include the American InterContinental University, and Colorado Technical University. These universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services with majority of the students enrolled in programs offered fully online. The majority of the company's revenue comes from the Colorado Technical University segment.

Employees: 4,350

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

29% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 28

3% more funds holding

Funds holding: 242 [Q2] → 249 (+7) [Q3]

1% more capital invested

Capital invested by funds: $1.36B [Q2] → $1.38B (+$15.2M) [Q3]

2.6% less ownership

Funds ownership: 97.04% [Q2] → 94.44% (-2.6%) [Q3]

24% less call options, than puts

Call options by funds: $153K | Put options by funds: $200K

24% less repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 99

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $32 16% upside
• Avg. target: $32 16% upside
• High target: $32 16% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Alexander Paris 77% 1-year accuracy 85 / 110 met price target

16% upside $32

Outperform Maintained

13 Nov 2024