NYSE:ATGE

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

$63.72
+0.68 (+1.08%)
(As of 10:39 AM ET)
Today's Range
$61.65
$64.00
50-Day Range
$45.59
$63.07
52-Week Range
$33.59
$64.00
Volume
47,171 shs
Average Volume
520,540 shs
Market Capitalization
$2.40 billion
P/E Ratio
23.95
Dividend Yield
N/A
Price Target
$63.33

Adtalem Global Education MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.5% Upside
$63.33 Price Target
Short Interest
Bearish
5.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.06
Upright™ Environmental Score
News Sentiment
0.67mentions of Adtalem Global Education in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.53%
From $4.90 to $5.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.77 out of 5 stars

Consumer Discretionary Sector

95th out of 268 stocks

Educational Services Industry

7th out of 22 stocks

ATGE stock logo

About Adtalem Global Education Stock (NYSE:ATGE)

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.

ATGE Stock Price History

ATGE Stock News Headlines

Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Elon Musk Secret Crypto Plot Exposed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Adtalem Global Education Inc. (ATGE)
Adtalem Global Education Inc
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/08/2024
Fiscal Year End
6/30/2024
Next Earnings (Estimated)
8/08/2024

Industry, Sector and Symbol

Industry
Educational services
Sub-Industry
Education Services
Previous Symbol
NASDAQ:ATGE
CUSIP
25189310
Employees
9,655
Year Founded
1973

Price Target and Rating

Average Stock Price Target
$63.33
High Stock Price Target
$70.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+0.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$93.36 million
Pretax Margin
8.85%

Debt

Sales & Book Value

Annual Sales
$1.45 billion
Cash Flow
$8.48 per share
Book Value
$33.42 per share

Miscellaneous

Free Float
36,779,000
Market Cap
$2.37 billion
Optionable
Optionable
Beta
0.92

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Key Executives

  • Mr. Stephen W. BeardMr. Stephen W. Beard (Age 53)
    President, CEO & Director
    Comp: $2.25M
  • Mr. Robert J. Phelan (Age 58)
    Senior VP & CFO
    Comp: $1.06M
  • Mr. Douglas G. Beck (Age 57)
    Senior VP of Institutional Support Services, General Counsel & Corporate Secretary
    Comp: $1.11M
  • Mr. Maurice Herrera (Age 54)
    Senior VP & Chief Marketing Officer
    Comp: $966.67k
  • Mr. Steven K. Tom (Age 43)
    Senior VP & Chief Customer Officer
    Comp: $1.43M
  • Dr. Heidi Chumley M.D.
    MBA, Executive Dean
  • Dr. Sean Callanan CertVR
    DipECVP, FRCPath, MRCVS, MVB, Ph.D., Dean
  • Dr. William F. Owen Jr. (Age 68)
    Dean & Chancellor - Ross University School of Medicine
  • Mr. Manjunath Gangadharan (Age 41)
    VP & Chief Accounting Officer
  • Ms. Blake Simpson
    Senior Vice President of Sustainability & Chief Communications Officer

ATGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Adtalem Global Education stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adtalem Global Education in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATGE shares.
View ATGE analyst ratings
or view top-rated stocks.

What is Adtalem Global Education's stock price target for 2024?

3 equities research analysts have issued 12-month price targets for Adtalem Global Education's shares. Their ATGE share price targets range from $50.00 to $70.00. On average, they anticipate the company's stock price to reach $63.33 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for ATGE
or view top-rated stocks among Wall Street analysts.

How have ATGE shares performed in 2024?

Adtalem Global Education's stock was trading at $58.95 at the beginning of the year. Since then, ATGE shares have increased by 6.9% and is now trading at $63.04.
View the best growth stocks for 2024 here
.

Are investors shorting Adtalem Global Education?

Adtalem Global Education saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,940,000 shares, an increase of 16.9% from the March 31st total of 1,660,000 shares. Based on an average trading volume of 559,900 shares, the short-interest ratio is currently 3.5 days. Approximately 5.1% of the company's shares are short sold.
View Adtalem Global Education's Short Interest
.

When is Adtalem Global Education's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our ATGE earnings forecast
.

How were Adtalem Global Education's earnings last quarter?

Adtalem Global Education Inc. (NYSE:ATGE) announced its earnings results on Thursday, May, 2nd. The company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.34. The company had revenue of $412.70 million for the quarter, compared to the consensus estimate of $391.68 million. Adtalem Global Education had a trailing twelve-month return on equity of 14.06% and a net margin of 7.12%. Adtalem Global Education's quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.13 EPS.

What ETFs hold Adtalem Global Education's stock?
What guidance has Adtalem Global Education issued on next quarter's earnings?

Adtalem Global Education updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 4.800-5.000 for the period, compared to the consensus earnings per share estimate of 4.650. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion.

What is Lisa Warner Wardell's approval rating as Adtalem Global Education's CEO?

10 employees have rated Adtalem Global Education Chief Executive Officer Lisa Warner Wardell on Glassdoor.com. Lisa Warner Wardell has an approval rating of 39% among the company's employees. This puts Lisa Warner Wardell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Adtalem Global Education own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Adtalem Global Education investors own include Pfizer (PFE), Intel (INTC), NVIDIA (NVDA), ONEOK (OKE), Tesla (TSLA), Valero Energy (VLO), Aptiv (APTV), Cisco Systems (CSCO), Walgreens Boots Alliance (WBA) and Advanced Micro Devices (AMD).

Who are Adtalem Global Education's major shareholders?

Adtalem Global Education's stock is owned by a variety of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.57%), Peregrine Capital Management LLC (0.42%), Sei Investments Co. (0.22%), Swiss National Bank (0.21%), BNP Paribas Financial Markets (0.12%) and Allspring Global Investments Holdings LLC (0.12%). Insiders that own company stock include Blake Simpson, Charles Deshazer, Georgette D Kiser, James Raymond Bartholomew, Justin J Noznesky, Kenneth J Phelan, Lisa W Wardell, Lisa W Wardell, Lyle Logan, Manjunath Gangadharan, Maurice Herrera, Michael W Malafronte, Sharon O'keefe, Stephen W Beard, William V Krehbiel and William W Burke.
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.

Does Adtalem Global Education have any subsidiaries?
The following companies are subsidiares of Adtalem Global Education: Walden University.
Read More
This page (NYSE:ATGE) was last updated on 5/8/2024 by MarketBeat.com Staff

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