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 EPS guidance of 5.750-5.950 for the period, compared to the consensus EPS 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 Performance

Shares of ATGE stock traded up $7.13 on Wednesday, hitting $82.12. 1,073,124 shares of the stock were exchanged, compared to its average volume of 468,775. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $3.09 billion, a PE ratio of 30.87, a P/E/G ratio of 0.84 and a beta of 0.95. Adtalem Global Education has a one year low of $43.78 and a one year high of $85.26. The firm’s 50 day moving average is $73.91 and its two-hundred day moving average is $68.66.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results 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. Adtalem Global Education had a return on equity of 14.84% and a net margin of 8.63%. The company had revenue of $417.40 million during the quarter, compared to the consensus estimate of $397.48 million. During the same quarter in the prior year, the company earned $0.93 EPS. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. Sell-side analysts expect that Adtalem Global Education will post 5.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on ATGE. Barrington Research raised their target price on Adtalem Global Education from $90.00 to $95.00 and gave the stock an “outperform” rating in a research note on Wednesday. BMO Capital Markets raised 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 upgraded Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd.

Insider Buying and Selling at Adtalem Global Education

In related news, CAO Manjunath Gangadharan sold 944 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $75.40, for a total transaction of $71,177.60. Following the transaction, the chief accounting officer now directly owns 4,720 shares in the company, valued at $355,888. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Manjunath Gangadharan sold 944 shares of Adtalem Global Education stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $75.40, for a total transaction of $71,177.60. Following the sale, the chief accounting officer now directly owns 4,720 shares in the company, valued at $355,888. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Lisa W. Wardell sold 7,292 shares of Adtalem Global Education stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $72.10, for a total value of $525,753.20. Following the transaction, the director now owns 105,085 shares of the company’s stock, valued at $7,576,628.50. The trade was 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 in the last 90 days. Corporate insiders own 2.20% of the company’s stock.

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.