Adtalem Global Education Inc. (NYSE:ATGE) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Adtalem Global Education Inc. has received an average recommendation of "Moderate Buy" from analysts, with one hold rating and four buy ratings among five brokerages.
• The company's stock has a 12-month price target of $139.00 and recently traded at $148.64, reflecting a slight decline of 0.9% in mid-day trading.
• Adtalem reported a quarterly EPS of $1.66, surpassing expectations, and noted a revenue increase of 11.5% year-over-year, totaling $457.11 million.

Adtalem Global Education Inc. (NYSE:ATGE - Get Free Report) has earned an average recommendation of "Moderate Buy" from the five brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $139.00.

A number of equities research analysts have commented on ATGE shares. Zacks Research cut Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Barrington Research reiterated an "outperform" rating and set a $150.00 price objective on shares of Adtalem Global Education in a research note on Tuesday, September 23rd. Wall Street Zen lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 20th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Adtalem Global Education in a research note on Saturday, September 27th.

Adtalem Global Education Trading Down 0.9%

ATGE stock traded down $1.31 during mid-day trading on Friday, reaching $148.64. The company's stock had a trading volume of 360,250 shares, compared to its average volume of 457,160. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. Adtalem Global Education has a 12 month low of $71.09 and a 12 month high of $155.39. The business's 50 day moving average price is $132.23 and its 200 day moving average price is $121.72. The company has a market cap of $5.35 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 1.30 and a beta of 0.86.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.15. Adtalem Global Education had a return on equity of 17.95% and a net margin of 13.26%.The firm had revenue of $457.11 million during the quarter, compared to analysts' expectations of $440.93 million. During the same quarter last year, the firm posted $1.37 earnings per share. The company's revenue for the quarter was up 11.5% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.900 EPS. On average, equities research analysts predict that Adtalem Global Education will post 6.2 EPS for the current year.

Insider Transactions at Adtalem Global Education

In other news, Director Lisa W. Wardell sold 25,477 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $132.38, for a total value of $3,372,645.26. Following the completion of the transaction, the director directly owned 43,451 shares in the company, valued at approximately $5,752,043.38. This represents a 36.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Manjunath Gangadharan sold 944 shares of the company's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $135.67, for a total value of $128,072.48. Following the completion of the transaction, the chief accounting officer owned 4,901 shares of the company's stock, valued at $664,918.67. The trade was a 16.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 57,713 shares of company stock valued at $7,702,094 over the last quarter. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Adtalem Global Education

Institutional investors have recently bought and sold shares of the stock. Sachetta LLC purchased a new stake in Adtalem Global Education during the 2nd quarter valued at about $25,000. Penserra Capital Management LLC purchased a new stake in Adtalem Global Education during the 2nd quarter valued at about $28,000. Fifth Third Bancorp boosted its holdings in Adtalem Global Education by 56.8% during the 1st quarter. Fifth Third Bancorp now owns 287 shares of the company's stock valued at $29,000 after acquiring an additional 104 shares during the period. Financial Management Professionals Inc. purchased a new stake in Adtalem Global Education during the 1st quarter valued at about $31,000. Finally, Allworth Financial LP boosted its holdings in Adtalem Global Education by 82.9% during the 2nd quarter. Allworth Financial LP now owns 342 shares of the company's stock valued at $44,000 after acquiring an additional 155 shares during the period. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

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.

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