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

Adtalem Global Education (NYSE:ATGE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 6.100-6.300 for the period, compared to the consensus earnings per share estimate of 5.890. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

Wall Street Analysts Forecast Growth

ATGE has been the topic of a number of research analyst reports. Barrington Research boosted their target price on Adtalem Global Education from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. BMO Capital Markets raised their target price on shares of Adtalem Global Education from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Finally, StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st.

Adtalem Global Education Trading Up 2.8 %

Shares of NYSE:ATGE traded up $2.80 during midday trading on Thursday, reaching $102.66. The company’s stock had a trading volume of 764,471 shares, compared to its average volume of 369,902. The business has a 50 day moving average price of $92.72 and a 200 day moving average price of $82.08. Adtalem Global Education has a 1 year low of $45.16 and a 1 year high of $103.15. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 1.13 and a beta of 0.96. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.47.

Adtalem Global Education (NYSE:ATGE) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.17. The business had revenue of $417.40 million for the quarter, compared to analyst estimates of $397.48 million. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. During the same period in the prior year, the firm posted $0.93 EPS. The company’s revenue was up 13.2% on a year-over-year basis. Research analysts forecast that Adtalem Global Education will post 5.89 EPS for the current year.

Insider Buying and Selling

In other news, Director William W. Burke sold 4,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $90.39, for a total value of $361,560.00. Following the completion of the sale, the director now owns 11,659 shares of the company’s stock, valued at $1,053,857.01. This represents a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate 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.