Barrington Research Forecasts ATGE FY2025 Earnings

Adtalem Global Education Inc. (NYSE:ATGE) – Stock analysts at Barrington Research upped their FY2025 EPS estimates for shares of Adtalem Global Education in a research note issued on Wednesday, October 30th. Barrington Research analyst A. Paris now expects that the company will earn $5.90 per share for the year, up from their previous forecast of $5.73. Barrington Research has a “Outperform” rating and a $95.00 price target on the stock. The consensus estimate for Adtalem Global Education’s current full-year earnings is $5.85 per share.

A number of other equities research analysts also recently weighed in on the company. BMO Capital Markets boosted their target price on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday. StockNews.com downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday.

Adtalem Global Education Stock Performance

ATGE stock opened at $79.70 on Friday. The stock has a market capitalization of $2.99 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 0.94 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.94 and a quick ratio of 0.86. The company has a 50 day moving average price of $74.14 and a 200 day moving average price of $68.98. Adtalem Global Education has a fifty-two week low of $43.78 and a fifty-two week high of $85.26.

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

Insider Activity at Adtalem Global Education

In related news, Director Lisa W. Wardell sold 67,330 shares of the 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 completion of the transaction, the director now owns 94,804 shares in the company, valued at approximately $6,779,434.04. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Lisa W. Wardell sold 7,292 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the completion of the sale, the director now directly owns 105,085 shares of the company’s stock, valued at $7,576,628.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the transaction, the director now directly owns 94,804 shares of the company’s stock, valued at approximately $6,779,434.04. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 148,440 shares of company stock valued at $10,889,450. 2.00% of the stock is owned by insiders.

Institutional Trading of Adtalem Global Education

Several institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its stake in Adtalem Global Education by 133.8% in the 1st quarter. BNP Paribas Financial Markets now owns 47,394 shares of the company’s stock worth $2,436,000 after purchasing an additional 27,124 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Adtalem Global Education in the first quarter valued at approximately $565,000. Moloney Securities Asset Management LLC bought a new stake in shares of Adtalem Global Education in the first quarter valued at approximately $935,000. Daiwa Securities Group Inc. grew its position in Adtalem Global Education by 252.8% during the first quarter. Daiwa Securities Group Inc. now owns 4,516 shares of the company’s stock worth $232,000 after buying an additional 3,236 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Adtalem Global Education during the first quarter worth approximately $209,000. 98.84% of the stock is currently owned by institutional investors.

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.