Adtalem Global Education (ATGE) Set to Announce Earnings on Tuesday

Adtalem Global Education (NYSE:ATGE) will be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Adtalem Global Education to post earnings of $1.12 per share for the quarter. Adtalem Global Education has set its FY25 guidance at $5.60-5.85 EPS and its FY 2025 guidance at 5.600-5.850 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. Adtalem Global Education had a net margin of 8.63% and a return on equity of 14.84%. The business had revenue of $409.91 million during the quarter, compared to analyst estimates of $398.64 million. During the same quarter last year, the business earned $1.03 earnings per share. Adtalem Global Education’s quarterly revenue was up 12.4% compared to the same quarter last year. On average, analysts expect Adtalem Global Education to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Adtalem Global Education Price Performance

ATGE stock opened at $71.70 on Tuesday. Adtalem Global Education has a 52 week low of $41.89 and a 52 week high of $80.18. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $73.70 and a two-hundred day simple moving average of $67.36. The firm has a market capitalization of $2.70 billion, a P/E ratio of 27.14, a price-to-earnings-growth ratio of 0.85 and a beta of 0.95.

Analyst Ratings Changes

ATGE has been the topic of several recent analyst reports. StockNews.com downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 10th. Barrington Research reissued an “outperform” rating and issued a $90.00 target price on shares of Adtalem Global Education in a research note on Thursday, August 29th. Finally, BMO Capital Markets increased their target price on shares of Adtalem Global Education from $76.00 to $84.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, Director Lisa W. Wardell sold 28,301 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $75.74, for a total transaction of $2,143,517.74. Following the transaction, the director now owns 105,085 shares of the company’s stock, valued at approximately $7,959,137.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Lisa W. Wardell sold 24,637 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $75.60, for a total value of $1,862,557.20. Following the sale, the director now directly owns 105,085 shares in the company, valued at approximately $7,944,426. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lisa W. Wardell sold 28,301 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $75.74, for a total transaction of $2,143,517.74. Following the completion of the sale, the director now owns 105,085 shares in the company, valued at $7,959,137.90. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 148,440 shares of company stock valued at $10,889,450. Company insiders own 2.20% 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.