Adtalem Global Education Inc. (NYSE:ATGE) Receives $151.50 Consensus Target Price from Brokerages

Adtalem Global Education Inc. (NYSE:ATGE) has been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $151.50.

A number of research firms have issued reports on ATGE. Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Robert W. Baird set a $163.00 price objective on Adtalem Global Education in a research note on Friday, October 31st. BMO Capital Markets reiterated an “outperform” rating and set a $138.00 target price on shares of Adtalem Global Education in a report on Friday, January 30th. Finally, Barrington Research reissued an “outperform” rating and set a $170.00 target price on shares of Adtalem Global Education in a research report on Thursday, January 29th.

Adtalem Global Education Stock Performance

Shares of ATGE stock opened at $104.34 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market capitalization of $3.60 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.89 and a beta of 0.71. Adtalem Global Education has a one year low of $86.26 and a one year high of $156.26. The company has a 50 day moving average price of $105.69 and a 200 day moving average price of $119.46.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, beating analysts’ consensus estimates of $2.19 by $0.24. The company had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. Adtalem Global Education had a net margin of 13.41% and a return on equity of 20.24%. Adtalem Global Education’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the business earned $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts anticipate that Adtalem Global Education will post 6.2 EPS for the current year.

Hedge Funds Weigh In On Adtalem Global Education

A number of hedge funds have recently made changes to their positions in ATGE. Allspring Global Investments Holdings LLC grew its holdings in shares of Adtalem Global Education by 444.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 605,137 shares of the company’s stock valued at $90,940,000 after purchasing an additional 494,058 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Adtalem Global Education by 124.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after buying an additional 387,330 shares during the last quarter. Fisher Asset Management LLC bought a new position in Adtalem Global Education during the 2nd quarter worth $42,699,000. Franklin Resources Inc. increased its position in Adtalem Global Education by 96.2% in the third quarter. Franklin Resources Inc. now owns 465,068 shares of the company’s stock worth $71,830,000 after buying an additional 228,065 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in Adtalem Global Education by 96.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 428,966 shares of the company’s stock valued at $66,254,000 after buying an additional 210,709 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

About Adtalem Global Education

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.