Adtalem Global Education (NYSE:ATGE) Issues FY 2025 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.750-5.950 for the period, compared to the consensus estimate of 5.750. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Adtalem Global Education also updated its FY25 guidance to $5.75-5.95 EPS.

Adtalem Global Education Stock Up 2.2 %

Shares of NYSE ATGE traded up $1.64 during mid-day trading on Tuesday, hitting $74.97. The company had a trading volume of 506,334 shares, compared to its average volume of 465,721. The company has a market capitalization of $2.82 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 0.84 and a beta of 0.95. The business’s 50-day simple moving average is $73.74 and its 200 day simple moving average is $68.57. Adtalem Global Education has a 1-year low of $43.78 and a 1-year high of $80.18. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.86 and a quick ratio of 0.86.

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

Analysts Set New Price Targets

A number of research firms have recently commented on ATGE. StockNews.com upgraded Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 23rd. BMO Capital Markets lifted their target price on shares of Adtalem Global Education from $76.00 to $84.00 and gave the company an “outperform” rating in a report on Thursday, August 8th. Finally, Barrington Research restated an “outperform” rating and issued a $90.00 price target on shares of Adtalem Global Education in a research report on Thursday, August 29th.

Insider Activity

In other Adtalem Global Education news, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction dated 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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Adtalem Global Education news, Director Lisa W. Wardell sold 67,330 shares of the firm’s 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 completion of the transaction, the director now 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lisa W. Wardell sold 28,301 shares of the company’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $75.74, for a total value of $2,143,517.74. Following the completion of the sale, the director now owns 105,085 shares in the company, valued at $7,959,137.90. This represents 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 worth $10,889,450 over the last 90 days. 2.20% of the stock is currently owned by corporate insiders.

Adtalem Global Education Company Profile

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.