On 5/2/24, Perdoceo Education Corp (NASDAQ: PRDO) stock enjoyed a major increase of 31.5%, closing at $24.11. Moreover, exceptionally high trading volume at 350% of normal accompanied the advance. The stock has risen 30.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
PRDO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Perdoceo Education has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Perdoceo Education has a neutral Appreciation Score of 57 and a neutral Power Rating of 58, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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