Adtalem Global Education (NYSE:ATGE) Sets New 12-Month High - Here's Why

Key Points

• Adtalem Global Education's stock price reached a new 52-week high of $154.47, with a last trade at $153.62, indicating strong market performance.
• Analysts have mixed ratings on the stock, with Zacks lowering it from "strong-buy" to "hold" while Barrington Research maintained an "outperform" rating with a target price of $150.00.
• In a recent earnings report, Adtalem Global Education posted an EPS of $1.66, exceeding estimates, showing an **11.5% increase in revenue** compared to the previous year.

Adtalem Global Education Inc. (NYSE:ATGE - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The company traded as high as $154.47 and last traded at $153.62, with a volume of 448617 shares. The stock had previously closed at $152.18.

Analyst Ratings Changes

ATGE has been the topic of a number of research reports. Zacks Research lowered shares of Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Barrington Research reiterated an "outperform" rating and issued a $150.00 target price on shares of Adtalem Global Education in a report on Tuesday, September 23rd. Finally, Wall Street Zen lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Adtalem Global Education currently has a consensus rating of "Moderate Buy" and an average price target of $139.00.

Adtalem Global Education Price Performance

The company's 50 day moving average is $129.99 and its 200 day moving average is $120.92. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of 24.82, a price-to-earnings-growth ratio of 1.31 and a beta of 0.94.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.51 by $0.15. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The firm had revenue of $457.11 million for the quarter, compared to analyst estimates of $440.93 million. During the same period last year, the business earned $1.37 EPS. Adtalem Global Education'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. Research analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 944 shares of the firm's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $135.67, for a total transaction of $128,072.48. Following the transaction, the chief accounting officer directly owned 4,901 shares of the company's stock, valued at approximately $664,918.67. This trade represents a 16.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lisa W. Wardell sold 25,477 shares of the firm's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $132.38, for a total transaction of $3,372,645.26. Following the transaction, the director directly owned 43,451 shares in the company, valued at $5,752,043.38. The trade was a 36.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 57,713 shares of company stock worth $7,702,094 over the last three months. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lord Abbett & CO. LLC purchased a new stake in shares of Adtalem Global Education in the first quarter valued at about $40,829,000. Goldman Sachs Group Inc. boosted its holdings in shares of Adtalem Global Education by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company's stock valued at $70,350,000 after acquiring an additional 387,330 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in Adtalem Global Education during the second quarter worth about $42,699,000. Franklin Resources Inc. boosted its holdings in Adtalem Global Education by 1,755.8% during the second quarter. Franklin Resources Inc. now owns 237,003 shares of the company's stock worth $30,154,000 after buying an additional 224,232 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in Adtalem Global Education during the second quarter worth about $22,257,000. 98.84% of the stock is owned by hedge funds and other institutional investors.

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.

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