Adtalem Global Education (ATGE) Stock Price, News & Analysis

Company Overview

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. The Walden segment offers online certificates, bachelor's, master's, and doctoral degrees, including nursing, education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice. This segment also operates Walden University. The Medical and Veterinary segment provides degree and non-degree programs in the medical and veterinary postsecondary education industry. This segment operates American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The company was formerly known as DeVry Education Group Inc. and changed its name to Adtalem Global Education Inc. in May 2017. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois.

Key Stats

• Today's Range: $89.46 to $91.21
• 50-Day Range: $71.70 to $91.23
• 52-Week Range: $43.78 to $92.93
• Volume: 134,977 shs
• Average Volume: 465,136 shs
• Market Capitalization: $3.37 billion
• P/E Ratio: 20.56
• Dividend Yield: N/A
• Price Target: $85.00
• Consensus Rating: Buy

Adtalem Global Education Stock Analysis - MarketRank™

Adtalem Global Education scored higher than 90% of companies evaluated by MarketBeat, and ranked 38th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Adtalem Global Education has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Adtalem Global Education has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.43%

Earnings Growth

Earnings for Adtalem Global Education are expected to grow by 14.43% in the coming year, from $5.89 to $6.74 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Adtalem Global Education is 20.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Adtalem Global Education is 20.71, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.19.

Price to Earnings Growth Ratio

Adtalem Global Education has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Adtalem Global Education has a P/B Ratio of 2.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.42% of the float of Adtalem Global Education has been sold short.

Short Interest Ratio / Days to Cover

Adtalem Global Education has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adtalem Global Education has recently decreased by 5.11%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Adtalem Global Education does not currently pay a dividend.

Dividend Growth

Adtalem Global Education does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.7 / 5
• Environmental Score: -1.06

Percentage of Shares Shorted

2.42% of the float of Adtalem Global Education has been sold short.

Short Interest Ratio / Days to Cover

Adtalem Global Education has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Adtalem Global Education has recently decreased by 5.11%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.57

News Sentiment

Adtalem Global Education has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Adtalem Global Education this week, compared to 5 articles on an average week.

Search Interest

4 people have searched for ATGE on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Adtalem Global Education to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Adtalem Global Education insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,074,681.00 in company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Adtalem Global Education is held by insiders.

Percentage Held by Institutions

98.84% of the stock of Adtalem Global Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ATGE Stock Analysis - Frequently Asked Questions

How have ATGE shares performed this year?

Adtalem Global Education's stock was trading at $58.95 on January 1st, 2024. Since then, ATGE stock has increased by 53.5% and is now trading at $90.50.
View the best growth stocks for 2024 here.

How were Adtalem Global Education's earnings last quarter?

Adtalem Global Education Inc. (NYSE:ATGE) announced its quarterly earnings data on Tuesday, October, 29th. The company reported $1.29 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.17. The company's revenue was up 13.2% compared to the same quarter last year.

Does Adtalem Global Education have any subsidiaries?

Adtalem Global Education subsidiaries include these companies: Walden University.

Who are Adtalem Global Education's major shareholders?

Adtalem Global Education's top institutional shareholders include State Street Corp (4.07%), Pacer Advisors Inc. (3.19%), Wellington Management Group LLP (2.65%) and Geode Capital Management LLC (2.32%). Insiders that own company stock include Lisa W Wardell, Lyle Logan, Maurice Herrera, William W Burke, William V Krehbiel, Blake Simpson, Manjunath Gangadharan, James Raymond Bartholomew, Charles Deshazer, Kenneth J Phelan and Michael W Malafronte.
View institutional ownership trends.

How do I buy shares of Adtalem Global Education?

Shares of ATGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Adtalem Global Education own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Adtalem Global Education investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 2/04/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Educational services
• Sub-Industry: Education Services
• Current Symbol: NYSE:ATGE
• Previous Symbol: NASDAQ:ATGE
• CUSIP: 25189310
• CIK: 730464
• Web: www.adtalem.com
• Phone: (866) 374-2678
• Fax: 302-655-5049
• Employees: 9,938
• Year Founded: 1973

Price Target and Rating

• Average Stock Price Target: $85.00
• High Stock Price Target: $95.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: -4.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.37
• Trailing P/E Ratio: 20.32
• Forward P/E Ratio: 15.08
• P/E Growth: 0.99
• Net Income: $136.78 million
• Net Margins: 10.55%
• Pretax Margin: 12.71%
• Return on Equity: 15.63%
• Return on Assets: 7.76%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $1.63 billion
• Price / Sales: 2.04
• Cash Flow: $8.48 per share
• Price / Cash Flow: 10.47
• Book Value: $37.07 per share
• Price / Book: 2.40

Miscellaneous

• Outstanding Shares: 37,491,000
• Free Float: 36,741,000
• Market Cap: $3.33 billion
• Optionable: Optionable
• Beta: 0.95