U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 350 points during the session. The S&P 500 fell 1.97%, while the Nasdaq dipped 3.65% last week, recording their biggest weekly losses since April. However, the Dow gained 0.72% during the week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-quality stock rat

Barrington Research analyst Alexander Paris maintains Perdoceo Education (NASDAQ:PRDO) with a Outperform and raises the price target from $25 to $27.

Transaction DetailsPerdoceo expects to pay approximately $142 million to $144 million in cash at closing to acquire 100% ownership of USAHS. The actual cash paid will depend on adjustments for cash, debt and working capital based on the final closing balance sheet.Pursuant to the merger agreement, Perdoceo has purchased a buyer-side representation and warranty insurance policy, which will serve as the primary source of protection against certain risks associated with representations and warranties made by the seller and pre-closing tax liabilities. The representation and warranty insurance policy is subject to customary conditions, exclusions and deductibles and will survive for at least thr

Barrington Research analyst Alexander Paris maintains Perdoceo Education (NASDAQ:PRDO) with a Outperform and raises the price target from $23 to $25.

Gainers Carvana (NYSE:CVNA) stock increased by 30.8% to $113.95 during Thursday's regular session. The market value of their outstanding shares is at $13.2 billion. The company's, Q1 earnings came out yesterday. Cazoo Gr (NYSE:CZOO) stock rose 29.03% to $10.79. The market value of their outstanding shares is at $52.7 million. Perdoceo Education (NASDAQ:PRDO) stock increased by 27.64% to $23.41. The company's market cap stands at $1.5 billion. The company's, Q1 earnings came out yesterday. Rush Street Interactive (NYSE:RSI) shares increased by 18.69% to $7.62. The market value of their outstanding shares is at $606.1 million. The company's, Q1 earnings came out yesterday. Vroom (NASDAQ:V

U.S. stocks were higher, with the Dow Jones index gaining over 50 points on Thursday. Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rose sharply during Thursday's session after the company reported better-than-expected first-quarter financial results. C.H. Robinson Worldwide posted adjusted earnings of 86 cents per share, beating market estimates of 82 cents per share. The company's quarterly sales came in at $4.412 billion versus expectations of $4.269 billion, according to data from Benzinga Pro. C.H. Robinson Worldwide shares jumped 16.8% to $84.24 on Thursday. Here are some other big stocks recording gains in today's session. Aspen Aerogels, Inc. (NYSE:ASPN) jumpe

Perdoceo Education (NASDAQ:PRDO) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.53 by 13.21 percent. This is a 3.45 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $168.264 million which beat the analyst consensus estimate of $163.324 million by 3.02 percent. This is a 13.97 percent decrease over sales of $195.598 million the same period last year.

Barrington Research analyst Alexander Paris reiterates Perdoceo Education (NASDAQ:PRDO) with a Outperform and maintains $23 price target.

Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended September 30, 2024. Third Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments increased by 11.0% supported by a 13.6% increase at CTU and a 4.0% increase at AIUS. Operating income increased 4.0% to $44.8 million, while adjusted operating income increased 2.8% to $48.6 million.* As expected, revenue for the quarter was lower by 5.6% due to the lag impact from the 2023 operational changes at AIUS and simplification of our professional development offerings at CTU. Earnings per diluted share were $0.57 as compared to $0.62

Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:00 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can a

NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Believes That Zebra Is Downplaying Competitive Pressures Across Its Core Hardware, Services and Software Offerings, and May Be Embellishing Market Leadership Claims Highlights How Zebra is Not Adequately Addressing a Variety of Trends and Factors Working Against the Company Outlines Why Zebra's $2.1 Billion Levered Acquisition Spree and Venture Investments – Which Expanded Its Offerings into Analytics, Robotics, and Machine Vision – Should be Characterized as Failures Expresses Concerns About Multiple Accounting and Financial Reporting Choices Made by Zebra Given That It Describes Its C

Increases second quarter per share dividend by 18.2% to $0.13 per share Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended June 30, 2024. Second Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments at June 30, 2024 increased by 4.2% supported by a 14.7% increase at CTU that was partially offset with an 18.2% decrease at AIUS. Revenue decreased 10.6% to $166.7 million. This decrease was expected and partially due to a lag impact from the operational changes made at AIUS in the prior year. Operating income decreased 4.3% to $46.0 million, while adjusted operating income dec

Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 5668214. Viewers can a

Perdoceo Education Corporation ("Perdoceo" or the "Company") (NASDAQ:PRDO), a provider of postsecondary education, today reported that it has signed a definitive agreement to acquire 100% ownership of the University of St. Augustine for Health Sciences, LLC (USAHS). The material terms of the transaction have been described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission today. Completion of the acquisition is subject to customary closing conditions and satisfactory regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC), as well as other key regulatory bo

Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter ended March 31, 2024. First Quarter 2024 Results as Compared to Prior Year Quarter Operating income increased 6.8% to $46.3 million, while adjusted operating income decreased 6.8% to $49.5 million.* Earnings per diluted share was $0.59 as compared to $0.50, while adjusted earnings per diluted share was $0.60 as compared to $0.58.* Revenue decreased 14.0% to $168.3 million while total student enrollments at March 31, 2024 increased by 9.0%. Ended the quarter with $642.4 million in cash, cash equivalents, restricted cash and available-for-sale-short-term investments. *S

Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 7780778. Viewers can also

Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year ended December 31, 2023. Full Year 2023 Results as Compared to Prior Year Revenue increased 2.1% to $710.0 million, supported by an 11.8% increase at CTU. Operating income increased 16.1% to $150.4 million, while adjusted operating income increased 6.7% to $174.9 million.* Earnings per diluted share were $2.18 as compared to $1.39, while adjusted earnings per diluted share were $2.10 as compared to $1.63.* Total student enrollments at December 31, 2023 increased 3.2% at CTU while AIUS decreased 39.3%. Ended the year with $604.2 million in cash, cash equivalen

Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company's dividend policy, which will be paid on March 15, 2024, to holders of record of the Company's common stock as of March 1, 2024. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company's available retained earnings, financial condition and other relevant factors. About Perdoceo Education Corporation Perdoceo's accredited academic institutions offer a quality postsecondary education primarily online to a d