Adtalem Global Education (ATGE) Projected to Post Earnings on Thursday

Adtalem Global Education (NYSE:ATGE) is expected to be releasing its earnings data after the market closes on Thursday, January 30th. Analysts expect Adtalem Global Education to post earnings of $1.39 per share and revenue of $429,239.33 billion for the quarter. Adtalem Global Education has set its FY25 guidance at $5.75-5.95 EPS and its FY 2025 guidance at 5.750-5.950 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last posted its earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.17. The business had revenue of $417.40 million during the quarter, compared to the consensus estimate of $397.48 million. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. The firm’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS. 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 Stock Performance

ATGE stock opened at $99.54 on Thursday. The company has a market cap of $3.73 billion, a P/E ratio of 22.78, a price-to-earnings-growth ratio of 1.11 and a beta of 0.96. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.94 and a quick ratio of 0.94. Adtalem Global Education has a 1 year low of $43.78 and a 1 year high of $100.20. The stock’s fifty day moving average price is $91.51 and its 200-day moving average price is $81.02.

Analysts Set New Price Targets

Several analysts have recently commented on ATGE shares. BMO Capital Markets raised their price objective on shares of Adtalem Global Education from $84.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. Finally, Barrington Research upped their price objective on Adtalem Global Education from $95.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th.

Insider Activity at Adtalem Global Education

In other Adtalem Global Education news, Director William W. Burke sold 4,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $90.39, for a total transaction of $361,560.00. Following the transaction, the director now directly owns 11,659 shares of the company’s stock, valued at $1,053,857.01. This trade represents a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.

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.