Adtalem Global Education (NYSE:ATGE) Updates FY25 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.60-5.85 for the period, compared to the consensus estimate of $5.65. The company issued revenue guidance of $1.66-1.70 billion, compared to the consensus revenue estimate of $1.66 billion.

Adtalem Global Education Price Performance

ATGE traded up $1.10 on Tuesday, hitting $74.75. 863,360 shares of the stock were exchanged, compared to its average volume of 506,709. Adtalem Global Education has a 12 month low of $41.79 and a 12 month high of $80.18. The business has a 50-day moving average of $69.67 and a two-hundred day moving average of $58.69. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 0.90 and a beta of 0.97.

Analyst Ratings Changes

Several research firms have recently issued reports on ATGE. Robert W. Baird upped their price objective on Adtalem Global Education from $65.00 to $70.00 and gave the company an outperform rating in a research note on Friday, May 3rd. Barrington Research raised their price objective on Adtalem Global Education from $70.00 to $90.00 and gave the company an outperform rating in a research note on Wednesday, July 24th.

Insider Activity

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 946 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $65.75, for a total transaction of $62,199.50. Following the sale, the chief accounting officer now owns 6,040 shares of the company’s stock, valued at $397,130. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.20% of the company’s stock.

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.