Stock Rating Downgrade
In recent days the Value Trend Rating for Perdoceo Education Corp (NASDAQ: PRDO) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/26/24, Perdoceo Education Corp (NASDAQ: PRDO) stock increased 1.3%, closing at $18.86. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 11.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PRDO is expected to continue to be an important Value Builder.
Perdoceo Education has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Perdoceo Education has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 61, with the High Neutral Value Trend Rating the result.
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