Perdoceo Education
Market Cap
US$831.7m
Last Updated
2021/04/18 22:49 UTC
Data Sources
Company Financials +
Executive Summary
Perdoceo Education Corporation provides postsecondary education to student through online, campus based, and blended learning programs in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 0.8% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Similar Companies
Share Price & News
How has Perdoceo Education's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRDO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PRDO's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.08%
PRDO
1.0%
US Consumer Services
1.3%
US Market
1 Year Return
2.7%
PRDO
48.3%
US Consumer Services
53.8%
US Market
Return vs Industry: PRDO underperformed the US Consumer Services industry which returned 48.3% over the past year.
Return vs Market: PRDO underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| PRDO | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.08% | 1.0% | 1.3% |
| 30 Day | -5.8% | -7.6% | 5.1% |
| 90 Day | -6.3% | -7.9% | 8.9% |
| 1 Year | 2.7%2.7% | 48.5%48.3% | 56.6%53.8% |
| 3 Year | -10.9%-10.9% | 41.6%8.3% | 64.4%53.6% |
| 5 Year | 139.8%139.8% | 130.9%67.3% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Perdoceo Education's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Did Business Growth Power Perdoceo Education's (NASDAQ:PRDO) Share Price Gain of 172%?1 month ago | Simply Wall St
Trade Alert: The Independent Director Of Perdoceo Education Corporation (NASDAQ:PRDO), Gregory Jackson, Has Sold Some Shares Recently1 month ago | Simply Wall St
Will Weakness in Perdoceo Education Corporation's (NASDAQ:PRDO) Stock Prove Temporary Given Strong Fundamentals?Valuation
Is Perdoceo Education undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRDO ($11.99) is trading below our estimate of fair value ($40.23)
Significantly Below Fair Value: PRDO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRDO is good value based on its PE Ratio (6.7x) compared to the US Consumer Services industry average (25.5x).
PE vs Market: PRDO is good value based on its PE Ratio (6.7x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: PRDO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: PRDO is good value based on its PB Ratio (1.5x) compared to the US Consumer Services industry average (2.5x).
Future Growth
How is Perdoceo Education forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-0.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRDO's earnings are forecast to decline over the next 3 years (-0.8% per year).
Earnings vs Market: PRDO's earnings are forecast to decline over the next 3 years (-0.8% per year).
High Growth Earnings: PRDO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PRDO's revenue (3.3% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: PRDO's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRDO's Return on Equity is forecast to be low in 3 years time (15.8%).
Past Performance
How has Perdoceo Education performed over the past 5 years?
17.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRDO has high quality earnings.
Growing Profit Margin: PRDO's current net profit margins (18.1%) are higher than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: PRDO's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: PRDO's earnings growth over the past year (76%) exceeds its 5-year average (17.6% per year).
Earnings vs Industry: PRDO earnings growth over the past year (76%) exceeded the Consumer Services industry -0.4%.
Return on Equity
High ROE: PRDO's Return on Equity (22.4%) is considered high.
Financial Health
How is Perdoceo Education's financial position?
Financial Position Analysis
Short Term Liabilities: PRDO's short term assets ($467.1M) exceed its short term liabilities ($103.8M).
Long Term Liabilities: PRDO's short term assets ($467.1M) exceed its long term liabilities ($61.8M).
Debt to Equity History and Analysis
Debt Level: PRDO is debt free.
Reducing Debt: PRDO has no debt compared to 5 years ago when its debt to equity ratio was 11%.
Debt Coverage: PRDO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRDO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Perdoceo Education current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PRDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PRDO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PRDO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PRDO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PRDO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Todd Nelson (61 yo)
5.67yrs
Tenure
US$7,477,668
Compensation
Mr. Todd S. Nelson has been the Chief Executive Officer and President of Perdoceo Education Corporation (formerly known as Career Education Corporation) since August 12, 2015. Mr. Nelson served as the Chie...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD7.48M) is above average for companies of similar size in the US market ($USD2.32M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: PRDO's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: PRDO's board of directors are seasoned and experienced ( 12.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PRDO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Perdoceo Education Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Perdoceo Education Corporation
- Ticker: PRDO
- Exchange: NasdaqGS
- Founded: 1994
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: US$831.672m
- Shares outstanding: 70.06m
- Website: https://www.perdoceoed.com
Number of Employees
Location
- Perdoceo Education Corporation
- 231 North Martingale Road
- Schaumburg
- Illinois
- 60173
- United States
Listings
Biography
Perdoceo Education Corporation provides postsecondary education to student through online, campus based, and blended learning programs in the United States. It operates through two segments, Colorado Techn...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 22:49 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.