Adtalem Global Education (ATGE) Expected to Announce Earnings on Thursday

Adtalem Global Education (NYSE:ATGE - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, January 30th. Analysts expect Adtalem Global Education to announce earnings of $1.39 per share and revenue of $429,239.33 billion for the quarter. Adtalem Global Education has set its FY25 guidance at $5.75-5.95 EPS and its FY 2025 guidance at 5.750-5.950 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.12 by $0.17. The company had revenue of $417.40 million for the quarter, compared to analyst estimates of $397.48 million. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. The firm's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. On average, analysts expect Adtalem Global Education to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Adtalem Global Education Trading Up 0.8 %

NYSE:ATGE traded up $0.81 during trading hours on Thursday, reaching $100.42. The company's stock had a trading volume of 115,393 shares, compared to its average volume of 347,898. The firm has a 50-day simple moving average of $91.51 and a 200-day simple moving average of $81.02. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 0.94. Adtalem Global Education has a 1 year low of $43.78 and a 1 year high of $100.52. The firm has a market capitalization of $3.76 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 1.12 and a beta of 0.96.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ATGE. Barrington Research boosted their price objective on shares of Adtalem Global Education from $95.00 to $115.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. StockNews.com lowered shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Thursday, October 31st. Finally, BMO Capital Markets lifted their target price on shares of Adtalem Global Education from $84.00 to $90.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th.

Insider Transactions at Adtalem Global Education

In related news, Director William W. Burke sold 4,000 shares of the company's stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $90.39, for a total transaction of $361,560.00. Following the transaction, the director now directly owns 11,659 shares in the company, valued at approximately $1,053,857.01. This represents a 25.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.00% of the company's stock.

Adtalem Global Education Company Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.