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

Adtalem Global Education (NYSE:ATGE) updated 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.

Wall Street Analyst Weigh In

ATGE has been the subject of a number of research reports. Barrington Research boosted their price objective on Adtalem Global Education from $90.00 to $95.00 and gave the company an “outperform” rating in a research note on Wednesday. BMO Capital Markets increased their target price on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, StockNews.com cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday.

Adtalem Global Education Price Performance

Shares of ATGE traded down $1.72 during mid-day trading on Friday, reaching $79.20. 143,471 shares of the company’s stock were exchanged, compared to its average volume of 467,510. The company has a 50-day simple moving average of $74.05 and a two-hundred day simple moving average of $68.74. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 0.94 and a beta of 0.95. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 0.47. Adtalem Global Education has a 52-week low of $43.78 and a 52-week high of $85.26.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.17. Adtalem Global Education had a return on equity of 15.63% and a net margin of 10.55%. The business had revenue of $417.40 million for the quarter, compared to analysts’ expectations of $397.48 million. During the same quarter last year, the firm earned $0.93 earnings per share. The business’s revenue was up 13.2% on a year-over-year basis. On average, sell-side analysts predict that Adtalem Global Education will post 5.85 EPS for the current fiscal year.

Insiders Place Their Bets

In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.10, for a total transaction of $525,753.20. Following the completion of the sale, the director now owns 105,085 shares of the company’s stock, valued at approximately $7,576,628.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Lisa W. Wardell sold 24,637 shares of the firm’s stock in a transaction 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 completion of the sale, the director now directly owns 105,085 shares of the company’s stock, valued at approximately $7,944,426. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lisa W. Wardell sold 7,292 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 105,085 shares in the company, valued at approximately $7,576,628.50. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 148,440 shares of company stock valued at $10,889,450 over the last quarter. Company insiders own 2.00% 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.