Analyst Alexander Paris from Barrington reiterated a Buy rating on Perdoceo Education and increased the price target to $42.00 from $40.00.
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Alexander Paris has given his Buy rating due to a combination of factors including Perdoceo Education’s impressive financial performance and strategic positioning. The company reported second-quarter results that exceeded expectations, with significant increases in revenue, student enrollment, and adjusted operating income. These positive outcomes were driven by strong student retention and engagement, as well as growth in corporate student programs.
Furthermore, the management’s upward revision of full-year 2025 guidance reflects confidence in continued growth, with expectations for higher operating income and earnings per share. Perdoceo’s stock is trading at a discount compared to its peers, offering an attractive valuation. The company’s solid cash position, absence of long-term debt, and recent acquisition of the University of St. Augustine further bolster its prospects, leading to a raised 12-month price target and an OUTPERFORM rating.
In another report released on September 12, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $40.00 price target.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRDO in relation to earlier this year.