Adtalem Global Education (ATGE) Scheduled to Post Quarterly 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.Parties interested in registering for the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $409.91 million for the quarter, compared to the consensus estimate of $398.64 million. During the same quarter last year, the firm posted $1.03 earnings per share. Adtalem Global Education’s revenue was up 12.4% on a year-over-year basis. 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 Down 0.9 %

Shares of NYSE ATGE opened at $72.09 on Friday. The stock has a market capitalization of $2.71 billion, a PE ratio of 27.10, a P/E/G ratio of 0.85 and a beta of 0.95. 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 firm has a fifty day moving average of $73.64 and a 200-day moving average of $68.03. Adtalem Global Education has a 52-week low of $41.89 and a 52-week high of $80.18.

Analysts Set New Price Targets

ATGE has been the subject of a number of research reports. Barrington Research reissued an “outperform” rating and set a $90.00 price target on shares of Adtalem Global Education in a research report on Thursday, August 29th. BMO Capital Markets boosted their target price on Adtalem Global Education from $76.00 to $84.00 and gave the stock an “outperform” rating in a report on Thursday, August 8th. Finally, StockNews.com upgraded shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a report on Wednesday.

Insider Buying and Selling

In other news, Director Lisa W. Wardell sold 24,637 shares of the stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $75.60, for a total value of $1,862,557.20. Following the completion of the sale, the director now owns 105,085 shares in the company, valued at approximately $7,944,426. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Lisa W. Wardell sold 24,637 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $75.60, for a total transaction of $1,862,557.20. Following the transaction, the director now directly owns 105,085 shares of the company’s stock, valued at approximately $7,944,426. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lisa W. Wardell sold 67,330 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the sale, the director now directly owns 94,804 shares of the company’s stock, valued at approximately $6,779,434.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 148,440 shares of company stock valued at $10,889,450. Company insiders own 2.20% of the company’s stock.

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.