Perdoceo Education (PRDO) received a Buy rating from Barrington's Alexander Paris with a $40.00 price target. Paris has a 14.2% average return and 63.80% success rate on recommended stocks. The analyst consensus is Moderate Buy with a price target consensus of $40.00, a 38.12% upside from current levels. However, corporate insider activity shows a negative sentiment, with 61 insiders selling shares in the past quarter.
Perdoceo Education (PRDO) has received a positive update from Barrington Research, with the analyst firm maintaining its "Outperform" rating on the company's stock. Alexander Paris, the analyst at Barrington Research, has reiterated his price target of USD 40.00, a level consistent with his prior assessment. This stable outlook reflects Barrington's confidence in Perdoceo Education's performance and prospects [1].
The analyst's decision to keep both the rating and price target unchanged suggests a steady outlook for PRDO. As of July 22, 2025, the target price remains set at USD 40.00, indicating unwavering confidence in the company's potential in the market. Perdoceo Education continues to operate within the guidelines predicted by Barrington Research, with no change in expectations since the previous evaluation. This consistent rating provides investors with a reliable benchmark [1].
Wall Street analysts have also shown a consensus recommendation of "Buy" for Perdoceo Education. Based on the one-year price targets offered by analysts, the average target price for PRDO is USD 40.00, with a high estimate of USD 40.00 and a low estimate of USD 40.00. This consensus implies an average target price that is 38.65% higher than the current price of USD 28.85 [1].
However, corporate insider activity has shown a negative sentiment, with 61 insiders selling shares in the past quarter. This sell-off by insiders may suggest a cautious stance on the company's near-term prospects. Despite this, the overall market sentiment remains positive, with analysts and investors looking forward to the company's second-quarter 2025 earnings announcement scheduled for July 31, 2025 [3].
In conclusion, while insider selling indicates a degree of caution, the analyst consensus and price target remain optimistic about Perdoceo Education's long-term prospects. Investors should closely monitor the company's earnings report and the broader market sentiment leading up to the announcement.
References:
[1] https://www.gurufocus.com/news/2994802/prdo-barrington-research-maintains-outperform-with-40-target-prdo-stock-news
[2] https://www.nasdaq.com/articles/perdoceo-education-oversold
[3] https://www.gurufocus.com/news/2988473/perdoceo-education-corporation-schedules-second-quarter-earnings-conference-call-for-july-31st-prdo-stock-news
Comments
No comments yet