NYSE:ATGE

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

$63.07
+2.99 (+4.98%)
(As of 05/6/2024 ET)
Today's Range
$59.35
$63.33
50-Day Range
$45.59
$63.07
52-Week Range
$33.59
$63.33
Volume
976,986 shs
Average Volume
411,588 shs
Market Capitalization
$2.37 billion
P/E Ratio
23.71
Dividend Yield
N/A
Price Target
$63.33

Adtalem Global Education MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.4% 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.

3.79 out of 5 stars

Consumer Discretionary Sector

94th out of 268 stocks

Educational Services Industry

6th 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

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Adtalem Global Education Inc. (ATGE)
Adtalem Global Education Inc
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/06/2024
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
+0.4%
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
$8.49 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 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 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 brokers have issued 1 year price objectives for Adtalem Global Education's shares. Their ATGE share price targets range from $50.00 to $70.00. On average, they expect the company's stock price to reach $63.33 in the next year. This suggests a possible upside of 0.4% 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 on January 1st, 2024. Since then, ATGE stock has increased by 7.0% and is now trading at $63.07.
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 days-to-cover ratio is presently 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) issued its quarterly earnings data on Thursday, May, 2nd. The company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.16 by $0.34. The company earned $412.70 million during the quarter, compared to the consensus estimate of $391.68 million. Adtalem Global Education had a net margin of 7.12% and a trailing twelve-month return on equity of 14.06%. The company's revenue for the quarter was up 11.8% on a year-over-year basis. During the same period last year, the business posted $1.13 earnings per share.

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

Adtalem Global Education issued an update on 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 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 retail and institutional investors. Top institutional investors include Principal Financial Group Inc. (0.57%), Peregrine Capital Management LLC (0.42%), BNP Paribas Financial Markets (0.12%), Allspring Global Investments Holdings LLC (0.12%), State of Alaska Department of Revenue (0.06%) and Oak Family Advisors LLC (0.06%). 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 5/7/2024 by MarketBeat.com Staff

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