Zacks Research Analysts Cut Earnings Estimates for Adtalem Global Education Inc. (NYSE:ATGE)

Adtalem Global Education Inc. (NYSE:ATGE) – Equities research analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for shares of Adtalem Global Education in a research report issued on Tuesday, April 16th. Zacks Research analyst S. Mukherjee now anticipates that the company will post earnings per share of $1.05 for the quarter, down from their prior forecast of $1.06. The consensus estimate for Adtalem Global Education’s current full-year earnings is $4.64 per share.

Other equities research analysts also recently issued research reports about the company. Barrington Research raised their price objective on Adtalem Global Education from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, January 19th. StockNews.com cut 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.com, Adtalem Global Education currently has an average rating of “Buy” and a consensus target price of $56.67.

Adtalem Global Education Stock Up 0.3 %

ATGE stock opened at $46.14 on Wednesday. The business has a 50-day moving average of $48.95 and a 200-day moving average of $52.48. Adtalem Global Education has a fifty-two week low of $33.59 and a fifty-two week 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 stock has a market capitalization of $1.81 billion, a P/E ratio of 16.90, a P/E/G ratio of 0.66 and a beta of 0.92.

Adtalem Global Education (NYSE:ATGE) last released its earnings results on Wednesday, January 31st. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. The company had revenue of $393.24 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 earnings per share.

Institutional Trading of Adtalem Global Education

Large investors have recently made changes to their positions in the business. Capital World Investors bought a new position in Adtalem Global Education during the 4th quarter valued at about $57,787,000. Goldman Sachs Group Inc. boosted its stake in Adtalem Global Education by 1,102.1% in the second quarter. Goldman Sachs Group Inc. now owns 922,481 shares of the company’s stock valued at $33,182,000 after acquiring an additional 845,743 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Adtalem Global Education by 396.5% in the third quarter. Wellington Management Group LLP now owns 1,019,094 shares of the company’s stock worth $43,668,000 after buying an additional 813,849 shares during the last quarter. Ariel Investments LLC raised its holdings in shares of Adtalem Global Education by 12.2% in the first quarter. Ariel Investments LLC now owns 5,641,162 shares of the company’s stock worth $167,599,000 after buying an additional 611,402 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Adtalem Global Education during the fourth quarter worth $19,451,000. 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.