Analysts Offer Predictions for ATGE FY2025 Earnings

Adtalem Global Education Inc. (NYSE:ATGE) – Analysts at Barrington Research increased their FY2025 EPS estimates for shares of Adtalem Global Education in a report issued on Wednesday, October 30th. Barrington Research analyst A. Paris now anticipates that the company will post earnings of $5.90 per share for the year, up from their previous estimate of $5.73. Barrington Research has a “Outperform” rating and a $95.00 price objective on the stock. The consensus estimate for Adtalem Global Education’s current full-year earnings is $5.85 per share.

Several other research analysts have also weighed in on ATGE. BMO Capital Markets boosted their price objective on shares of Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

Adtalem Global Education Stock Down 1.5 %

Adtalem Global Education stock opened at $79.70 on Friday. The firm has a market capitalization of $2.99 billion, a PE ratio of 18.24, a P/E/G ratio of 0.94 and a beta of 0.95. The company’s 50-day moving average is $74.14 and its 200-day moving average is $68.98. Adtalem Global Education has a fifty-two week low of $43.78 and a fifty-two week high of $85.26. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.94 and a quick ratio of 0.86.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.17. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. The firm had revenue of $417.40 million for the quarter, compared to analyst estimates of $397.48 million. During the same period in the previous year, the business earned $0.93 EPS. The company’s revenue was up 13.2% compared to the same quarter last year.

Insider Buying and Selling

In related news, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the completion of the sale, the director now owns 94,804 shares of the company’s stock, valued at approximately $6,779,434.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the completion of the sale, the director now owns 94,804 shares of the company’s stock, valued at approximately $6,779,434.04. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lisa W. Wardell sold 24,637 shares of Adtalem Global Education stock in a transaction dated 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 sale, the director now directly 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 148,440 shares of company stock valued at $10,889,450. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Adtalem Global Education

A number of institutional investors have recently bought and sold shares of ATGE. Pacer Advisors Inc. boosted its holdings in Adtalem Global Education by 81,701.2% in the 2nd quarter. Pacer Advisors Inc. now owns 1,330,088 shares of the company’s stock valued at $90,725,000 after purchasing an additional 1,328,462 shares during the period. LSV Asset Management boosted its holdings in Adtalem Global Education by 2,360.6% in the 2nd quarter. LSV Asset Management now owns 644,666 shares of the company’s stock valued at $43,973,000 after purchasing an additional 618,466 shares during the period. Ariel Investments LLC boosted its holdings in Adtalem Global Education by 11.1% in the 1st quarter. Ariel Investments LLC now owns 3,079,317 shares of the company’s stock valued at $158,277,000 after purchasing an additional 306,699 shares during the period. Vanguard Group Inc. boosted its holdings in Adtalem Global Education by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 4,422,158 shares of the company’s stock valued at $227,299,000 after purchasing an additional 100,705 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Adtalem Global Education by 511.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 78,828 shares of the company’s stock valued at $5,950,000 after purchasing an additional 65,945 shares during the period. Institutional investors own 98.84% of the company’s stock.

About Adtalem Global Education

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.