Adtalem Global Education (NYSE:ATGE - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.750-5.950 for the period, compared to the consensus EPS estimate of 5.750. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Adtalem Global Education also updated its FY25 guidance to $5.75-5.95 EPS.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on ATGE shares. BMO Capital Markets raised their target price on Adtalem Global Education from $76.00 to $84.00 and gave the company an "outperform" rating in a research note on Thursday, August 8th. StockNews.com raised shares of Adtalem Global Education from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, October 23rd. Finally, Barrington Research reissued an "outperform" rating and set a $90.00 price target on shares of Adtalem Global Education in a research note on Thursday, August 29th.
View Our Latest Analysis on ATGE
Adtalem Global Education Trading Up 2.2 %
Shares of Adtalem Global Education stock traded up $1.64 during trading hours on Tuesday, hitting $74.97. The company's stock had a trading volume of 506,334 shares, compared to its average volume of 465,721. The company has a market capitalization of $2.82 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 0.84 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a 50 day moving average of $73.74 and a 200 day moving average of $68.57. Adtalem Global Education has a 12 month low of $43.78 and a 12 month high of $80.18.
Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. Adtalem Global Education had a net margin of 8.63% and a return on equity of 14.84%. The business had revenue of $409.91 million for the quarter, compared to analysts' expectations of $398.64 million. During the same period in the previous year, the firm posted $1.03 EPS. The firm's revenue was up 12.4% compared to the same quarter last year. Analysts predict that Adtalem Global Education will post 5.72 earnings per share for the current year.
Insider Transactions at Adtalem Global Education
In other Adtalem Global Education news, Director Lisa W. Wardell sold 24,637 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $75.60, for a total transaction of $1,862,557.20. Following the transaction, the director now owns 105,085 shares of the company's stock, valued at $7,944,426. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of the company's stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the sale, the director now owns 105,085 shares in the company, valued at $7,576,628.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Lisa W. Wardell sold 24,637 shares of the business's stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $75.60, for a total value of $1,862,557.20. Following the transaction, the director now directly owns 105,085 shares in the company, valued at $7,944,426. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 148,440 shares of company stock worth $10,889,450 in the last three months. Insiders own 2.20% of the company's stock.
About Adtalem Global Education
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Adtalem Global Education, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Adtalem Global Education wasn't on the list.
While Adtalem Global Education currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.