Adtalem Global Education (ATGE) to Release Quarterly Earnings on Thursday

Adtalem Global Education (NYSE:ATGE) will issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.14 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last issued its earnings results on Wednesday, January 31st. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.23. The firm had revenue of $393.24 million for the quarter, compared to analysts’ expectations of $372.79 million. Adtalem Global Education had a return on equity of 13.05% and a net margin of 7.93%. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.17 earnings per share. On average, analysts expect Adtalem Global Education to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Adtalem Global Education Stock Performance

Shares of NYSE:ATGE opened at $47.23 on Thursday. The firm has a market capitalization of $1.85 billion, a PE ratio of 17.30, a P/E/G ratio of 0.67 and a beta of 0.92. Adtalem Global Education has a 12 month low of $33.59 and a 12 month high of $62.99. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The business has a 50-day moving average of $48.68 and a two-hundred day moving average of $52.65.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Barrington Research restated an “outperform” rating and issued a $65.00 price target on shares of Adtalem Global Education in a report on Tuesday. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 7th. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $56.67.

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.