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

Adtalem Global Education (NYSE:ATGEGet Free Report) is projected to announce its earnings results after the market closes on Thursday, January 30th. Analysts expect the company to announce 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 interested in participating in the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGEGet Free Report) last announced its earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.17. Adtalem Global Education had a return on equity of 15.63% and a net margin of 10.55%. The company had revenue of $417.40 million for the quarter, compared to analyst estimates of $397.48 million. During the same quarter in the previous year, the company earned $0.93 earnings per share. The firm’s quarterly revenue was up 13.2% 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 Trading Up 0.4 %

Shares of NYSE ATGE opened at $99.54 on Thursday. The stock has a fifty day simple moving average of $91.51 and a 200-day simple moving average of $81.02. Adtalem Global Education has a twelve month low of $43.78 and a twelve month high of $100.20. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $3.73 billion, a PE ratio of 22.78, a PEG ratio of 1.11 and a beta of 0.96.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Adtalem Global Education

Insider Buying and Selling at Adtalem Global Education

In related news, Director William W. Burke sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $90.39, for a total transaction of $361,560.00. Following the transaction, the director now 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 filing with the SEC, which is available through this link. 2.00% of the stock is currently owned by insiders.

About Adtalem Global Education

(Get Free Report)

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.

See Also

Earnings History for Adtalem Global Education (NYSE:ATGE)

Receive News & Ratings for Adtalem Global Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education and related companies with MarketBeat.com's FREE daily email newsletter.