Alert: Major Price Advance (11/6/24)-Perdoceo Education Corp (NASDAQ: PRDO).

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Perdoceo Education Corp (NASDAQ: PRDO) stock enjoyed a major increase of 11.3% on 11/6/24. The shares closed at $24.75. Moreover, trading volume in this advance was unusually high at 190% of normal. The stock has risen 12.5% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

PRDO is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Perdoceo Education has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Perdoceo Education has a neutral Appreciation Score of 54 but a good Power Rating of 77, resulting in the Positive Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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