The stock of Perdoceo Education Corporation (PRDO) has seen a 20.78% increase in the past week, with a 28.88% gain in the past month, and a 22.03% flourish in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.18% for PRDO. The simple moving average for the past 20 days is 27.21% for PRDO’s stock, with a 31.17% simple moving average for the past 200 days.
Is It Worth Investing in Perdoceo Education Corporation (NASDAQ: PRDO) Right Now?
Perdoceo Education Corporation (NASDAQ: PRDO) has a price-to-earnings ratio of 10.35x that is above its average ratio. Additionally, the 36-month beta value for PRDO is 0.97. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PRDO is 63.46M and currently, short sellers hold a 5.21% ratio of that float. The average trading volume of PRDO on May 02, 2024 was 558.73K shares.
PRDO) stock’s latest price update
Perdoceo Education Corporation (NASDAQ: PRDO) has experienced a rise in its stock price by 22.63 compared to its previous closing price of 18.34. However, the company has seen a gain of 20.78% in its stock price over the last five trading days. Business Wire reported 2024-04-11 that SCHAUMBURG, Ill.–(BUSINESS WIRE)–Perdoceo Education Corporation Schedules First Quarter Earnings Conference Call for May 1st.
PRDO Trading at 27.69% from the 50-Day Moving Average
After a stumble in the market that brought PRDO to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 14.63% of gains for the given period.
Volatility was left at 2.18%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +28.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.15% upper at present.
During the last 5 trading sessions, PRDO rose by +19.60%, which changed the moving average for the period of 200-days by +71.84% in comparison to the 20-day moving average, which settled at $17.92. In addition, Perdoceo Education Corporation saw 28.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PRDO starting from Ghia Ashish R, who sale 11,412 shares at the price of $19.00 back on Apr 26 ’24. After this action, Ghia Ashish R now owns 226,234 shares of Perdoceo Education Corporation, valued at $216,828 using the latest closing price.
NELSON TODD S, the President and CEO of Perdoceo Education Corporation, sale 1,670 shares at $17.79 during a trade that took place back on Mar 28 ’24, which means that NELSON TODD S is holding 615,697 shares at $29,709 based on the most recent closing price.
Stock Fundamentals for PRDO
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.86 for the gross margin
The net margin for Perdoceo Education Corporation stands at 0.22. The total capital return value is set at 0.17. Equity return is now at value 18.84, with 14.88 for asset returns.
Based on Perdoceo Education Corporation (PRDO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 7.14. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -5899.54.
Currently, EBITDA for the company is 256.89 million with net debt to EBITDA at -0.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 16.28for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.90.
Conclusion
In conclusion, Perdoceo Education Corporation (PRDO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
