NasdaqGS:PRDO

Stock Analysis Report

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Executive Summary

Perdoceo Education Corporation provides postsecondary education to student through online, campus based, and blended learning programs in the United States. More Details


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

-8.3%

PRDO

-5.5%

US Consumer Services

-2.4%

US Market


1 Year Return

-22.5%

PRDO

25.5%

US Consumer Services

31.2%

US Market

Return vs Industry: PRDO underperformed the US Consumer Services industry which returned 25.5% over the past year.

Return vs Market: PRDO underperformed the US Market which returned 31.2% over the past year.


Shareholder returns

PRDOIndustryMarket
7 Day-8.3%-5.5%-2.4%
30 Day-5.3%-3.9%-3.0%
90 Day-3.9%7.9%3.2%
1 Year-22.5%-22.5%25.8%25.5%34.1%31.2%
3 Year-16.2%-16.2%43.6%39.1%48.1%38.6%
5 Year158.9%158.9%257.9%233.6%116.5%92.3%

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

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 ($11.43) is trading below our estimate of fair value ($43.66)

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 (6.4x) compared to the US Consumer Services industry average (27.4x).

PE vs Market: PRDO is good value based on its PE Ratio (6.4x) compared to the US market (21x).


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 (1.4x) compared to the US Consumer Services industry average (2.7x).


Next Steps

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 (10.1% 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%).


Next Steps

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 2.8%.


Return on Equity

High ROE: PRDO's Return on Equity (22.4%) is considered high.


Next Steps

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


Next Steps

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?

5.6yrs

Average management tenure


CEO

Todd Nelson (61 yo)

5.58yrs

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 ($USD7.48M) is above average for companies of similar size in the US market ($USD2.24M).

Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Todd Nelson
Chairman5.58yrsUS$7.48m0.46%
$ 3.6m
Ashish Ghia
Senior VP & CFO3.5yrsUS$1.73m0.020%
$ 157.5k
Jeffrey Ayers
Senior VP13.25yrsUS$1.96m0.057%
$ 454.5k
John Kline
Senior Vice President of American Intercontinental University5.42yrsUS$1.83m0.073%
$ 580.8k
Andrew Hurst
Senior Vice President of Colorado Technical University5.42yrsUS$1.91m0.052%
$ 416.0k
Michele Peppers
VP & Chief Accounting Officer5.92yrsno data0.027%
$ 214.7k
David Czeszewski
Senior VP & Chief Information Officer19.92yrsUS$1.19m0.047%
$ 374.9k
Christina Kline
Chief Marketing Officer2.08yrsno datano data
Virginia Carpenter
Managing Director of Gibbs Division and Vice President of Gibbs Divisionno datano datano data
Deborah Snyder
Chief Academic Officer for Career Schools Group8.58yrsno datano data
George Miller
President of Atlanta Campus - American Intercontinental Universityno datano datano data
Catherine Lespine
CEO & President of INSEEC Groupno datano datano data

5.6yrs

Average Tenure

57yo

Average Age

Experienced Management: PRDO's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Todd Nelson
Chairman5.58yrsUS$7.48m0.46%
$ 3.6m
Patrick Gross
Independent Director15.25yrsUS$162.61k0.0049%
$ 38.8k
Kenda Gonzales
Independent Director4.42yrsUS$172.58k0%
$ 0
Dennis Chookaszian
Independent Director18.42yrsUS$157.58k0.010%
$ 80.0k
Thomas Lally
Independent Chairman of the Boardno dataUS$207.58k0.029%
$ 228.5k
William Hansen
Independent Director3.33yrsUS$167.56k0%
$ 0
Gregory Jackson
Independent Director12.33yrsUS$172.58k0.037%
$ 295.3k
Leslie Thornton
Independent Director15.25yrsUS$172.58k0.0071%
$ 57.2k

13.8yrs

Average Tenure

62yo

Average Age

Experienced Board: PRDO's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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$800.463m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRDONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1998
CE1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1998

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 23:05
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.