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Are Investors Undervaluing Perdoceo Education (PRDO) Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Perdoceo Education (PRDO - Free Report) . PRDO is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 10.36 right now. For comparison, its industry sports an average P/E of 15.03. Over the past year, PRDO's Forward P/E has been as high as 12.35 and as low as 7.75, with a median of 9.97.
PRDO is also sporting a PEG ratio of 0.69. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. PRDO's industry has an average PEG of 0.77 right now. Over the past 52 weeks, PRDO's PEG has been as high as 0.82 and as low as 0.52, with a median of 0.66.
Investors should also recognize that PRDO has a P/B ratio of 1.73. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.26. Over the past 12 months, PRDO's P/B has been as high as 2 and as low as 1.28, with a median of 1.67.
These are only a few of the key metrics included in Perdoceo Education's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PRDO looks like an impressive value stock at the moment.
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Are Investors Undervaluing Perdoceo Education (PRDO) Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One company value investors might notice is Perdoceo Education (PRDO - Free Report) . PRDO is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 10.36 right now. For comparison, its industry sports an average P/E of 15.03. Over the past year, PRDO's Forward P/E has been as high as 12.35 and as low as 7.75, with a median of 9.97.
PRDO is also sporting a PEG ratio of 0.69. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. PRDO's industry has an average PEG of 0.77 right now. Over the past 52 weeks, PRDO's PEG has been as high as 0.82 and as low as 0.52, with a median of 0.66.
Investors should also recognize that PRDO has a P/B ratio of 1.73. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 3.26. Over the past 12 months, PRDO's P/B has been as high as 2 and as low as 1.28, with a median of 1.67.
These are only a few of the key metrics included in Perdoceo Education's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PRDO looks like an impressive value stock at the moment.