Adtalem Global Education (ATGE) Set to Announce Quarterly Earnings on Thursday

Adtalem Global Education (NYSE:ATGE) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Adtalem Global Education to post earnings of $1.14 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data on Wednesday, January 31st. The company reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.23. The business had revenue of $393.24 million for the quarter, compared to analysts’ expectations of $372.79 million. Adtalem Global Education had a return on equity of 13.05% and a net margin of 7.93%. Adtalem Global Education’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.17 earnings per share. On average, analysts expect Adtalem Global Education to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Adtalem Global Education Stock Performance

Shares of NYSE ATGE opened at $47.23 on Thursday. The firm has a market capitalization of $1.85 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 0.67 and a beta of 0.92. Adtalem Global Education has a one year low of $33.59 and a one year high of $62.99. The business has a fifty day simple moving average of $48.68 and a 200 day simple moving average of $52.65. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

Analysts Set New Price Targets

ATGE has been the topic of several recent research reports. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 7th. Barrington Research reiterated an “outperform” rating and issued a $65.00 price objective on shares of Adtalem Global Education in a research note on Tuesday. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $56.67.

Adtalem Global Education Company Profile

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.