Adtalem Global Education (NYSE:ATGE – Get Free Report) announced its earnings results on Thursday. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.39 by $0.42, Zacks reports. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. Adtalem Global Education updated its FY 2025 guidance to 6.100-6.300 EPS.
Adtalem Global Education Trading Up 2.8 %
Shares of ATGE traded up $2.80 on Thursday, hitting $102.66. 765,240 shares of the stock traded hands, compared to its average volume of 370,027. Adtalem Global Education has a 1 year low of $45.16 and a 1 year high of $103.15. The stock’s 50 day moving average is $92.72 and its two-hundred day moving average is $82.08. The firm has a market capitalization of $3.85 billion, a P/E ratio of 23.49, a P/E/G ratio of 1.13 and a beta of 0.96. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.47.
Analysts Set New Price Targets
Several analysts have recently commented on ATGE shares. Barrington Research raised their target price on shares of Adtalem Global Education from $95.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. StockNews.com lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. Finally, BMO Capital Markets increased their target price on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th.
Insider Buying and Selling at Adtalem Global Education
In related news, Director William W. Burke sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $90.39, for a total value of $361,560.00. Following the completion of the sale, the director now directly owns 11,659 shares in the company, valued at approximately $1,053,857.01. The trade was a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by 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.
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