PRDO stock hits 52-week high, soaring to $33.54

In a remarkable display of market confidence, Perdoceo Education Corporation (NASDAQ:PRDO) stock has reached a 52-week high, climbing to an impressive $33.54. With a market capitalization of $2.19 billion and an attractive P/E ratio of 13.7x, the company demonstrates solid fundamentals. According to InvestingPro analysis, the stock is currently trading at Fair Value levels. This peak reflects a significant surge in value, marking a substantial 47.11% increase over the past year. Investors have shown growing enthusiasm for PRDO, as the company continues to navigate the competitive landscape of for-profit education with impressive gross profit margins of 82.55%. The 52-week high serves as a testament to the company’s robust performance and the bullish outlook held by its stakeholders. InvestingPro subscribers have access to 12 additional key insights about PRDO, including detailed financial health scores and comprehensive Pro Research Reports, helping investors make more informed decisions.

In other recent news, Perdoceo Education Corp reported impressive financial results for Q1 2025, surpassing analyst expectations. The company achieved earnings per share (EPS) of $0.70, which was higher than the forecasted $0.62. Revenue also exceeded projections, reaching $213 million compared to an expected $175 million. This revenue increase was partly driven by the acquisition of St. Augustine and organic growth at CTU. The company’s net income rose to $43.7 million, up from $39.4 million in the previous year, while operating income grew by 11.8% year-over-year. Additionally, Perdoceo provided guidance for 2025, projecting an adjusted EPS range of $2.40 to $2.56 and adjusted operating income between $220 and $235 million. These developments reflect the company’s strategic initiatives and effective cost management, contributing to its robust financial performance.

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