Perdoceo Education (PRDO) Is Up 23.72% in One Week: What You Should Know

Company Overview - Perdoceo Education (PRDO) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Price Performance - Over the past week, PRDO shares have increased by 23.72%, significantly outperforming the Zacks Schools industry, which rose by 4.51% [6] - In a longer time frame, PRDO's monthly price change is 22.1%, compared to the industry's 14.21% [6] - Over the last quarter, PRDO shares have gained 7.43%, and over the past year, they have increased by 27.51%, while the S&P 500 has moved -7.56% and 9.65%, respectively [7] Trading Volume - The average 20-day trading volume for PRDO is 550,019 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for PRDO has increased, while none have decreased, raising the consensus estimate from $2.41 to $2.49 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings outlook, and favorable trading volume, PRDO is identified as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]