Barrington Research Increases Adtalem Global Education (NYSE:ATGE) Price Target to $120.00

Adtalem Global Education (NYSE:ATGE - Get Free Report) had its price objective lifted by equities research analysts at Barrington Research from $115.00 to $120.00 in a research report issued on Friday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Barrington Research's price target would suggest a potential upside of 11.31% from the stock's current price. Barrington Research also issued estimates for Adtalem Global Education's Q3 2025 earnings at $1.62 EPS, FY2025 earnings at $6.20 EPS and FY2026 earnings at $7.20 EPS.

ATGE has been the topic of a number of other reports. BMO Capital Markets lifted their price objective 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. StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st.

Adtalem Global Education Trading Up 2.9 %

ATGE stock traded up $3.05 during midday trading on Friday, hitting $107.80. 482,528 shares of the company's stock were exchanged, compared to its average volume of 412,630. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.06 and a current ratio of 1.06. The stock's fifty day moving average price is $93.60 and its 200-day moving average price is $82.69. Adtalem Global Education has a one year low of $45.16 and a one year high of $112.43. The company has a market cap of $4.02 billion, a PE ratio of 20.08, a price-to-earnings-growth ratio of 1.15 and a beta of 0.97.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.39 by $0.42. Adtalem Global Education had a net margin of 12.34% and a return on equity of 16.82%. Research analysts predict that Adtalem Global Education will post 6.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director William W. Burke sold 4,000 shares of the business's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $90.39, for a total value of $361,560.00. Following the completion of the sale, the director now directly owns 11,659 shares of the company's stock, valued at $1,053,857.01. The trade was a 25.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. lifted its stake in Adtalem Global Education by 511.9% in the third quarter. Assenagon Asset Management S.A. now owns 78,828 shares of the company's stock valued at $5,950,000 after purchasing an additional 65,945 shares during the last quarter. Leuthold Group LLC purchased a new stake in shares of Adtalem Global Education during the 4th quarter valued at approximately $3,095,000. Edgestream Partners L.P. bought a new position in Adtalem Global Education in the 3rd quarter worth approximately $2,314,000. Calamos Advisors LLC purchased a new position in Adtalem Global Education in the 4th quarter valued at approximately $2,530,000. Finally, State Street Corp grew its stake in Adtalem Global Education by 1.6% in the 3rd quarter. State Street Corp now owns 1,525,748 shares of the company's stock valued at $115,163,000 after buying an additional 23,464 shares in the last quarter. Institutional investors own 98.84% of the company's stock.

About Adtalem Global Education

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.