Adtalem Global Education (NYSE:ATGE) Issues 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 $5.75-5.95 for the period, compared to the consensus estimate of $5.75. The company issued revenue guidance of $1.69-1.73 billion, compared to the consensus revenue estimate of $1.68 billion.

Adtalem Global Education Stock Performance

Shares of ATGE traded up $1.66 during trading hours on Tuesday, hitting $74.99. The company’s stock had a trading volume of 506,234 shares, compared to its average volume of 465,721. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 0.84 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50 day simple moving average of $73.68 and a two-hundred day simple moving average of $68.36. Adtalem Global Education has a 52-week low of $43.78 and a 52-week high of $80.18.

Adtalem Global Education (NYSE:ATGE) last issued its earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating 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 business had revenue of $409.91 million for the quarter, compared to analysts’ expectations of $398.64 million. During the same quarter in the previous year, the firm posted $1.03 EPS. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. On average, equities analysts expect that Adtalem Global Education will post 5.72 earnings per share for the current fiscal year.

Analyst Ratings Changes

ATGE has been the topic of a number of analyst reports. BMO Capital Markets upped their target price on shares of Adtalem Global Education from $76.00 to $84.00 and gave the stock an “outperform” rating in a report on Thursday, August 8th. StockNews.com upgraded shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 23rd. Finally, Barrington Research reiterated an “outperform” rating and set a $90.00 target price on shares of Adtalem Global Education in a research report on Thursday, August 29th.

Insiders Place Their Bets

In other Adtalem Global Education news, Director Lisa W. Wardell sold 24,637 shares of the stock in a transaction that occurred 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 in the company, valued at $7,944,426. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Lisa W. Wardell sold 24,637 shares of the business’s 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 of the company’s stock, valued at approximately $7,944,426. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lisa W. Wardell sold 67,330 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $71.51, for a total value of $4,814,768.30. Following the transaction, the director now owns 94,804 shares in the company, 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. Insiders sold a total of 148,440 shares of company stock valued at $10,889,450 over the last 90 days. 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.