Adtalem Global Education (NYSE:ATGE) Issues FY 2026 Earnings Guidance

Key Points

• Adtalem Global Education has updated its FY 2026 earnings guidance, projecting earnings per share between $7.600 and $7.900, surpassing the consensus estimate of $6.537.
• The company has announced a share repurchase program, allowing for up to $150 million in buybacks, which indicates confidence in the company's stock value.
• Analysts have recently upgraded their target prices for Adtalem Global Education, with BMO Capital Markets setting a new target of $132.00 and Barrington Research at $140.00, reflecting a positive outlook on the company's performance.

Adtalem Global Education (NYSE:ATGE - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 7.600-7.900 for the period, compared to the consensus EPS estimate of 6.537. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ATGE. Barrington Research upped their target price on Adtalem Global Education from $140.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday. Jefferies Financial Group initiated coverage on Adtalem Global Education in a research report on Wednesday, April 23rd. They set a "buy" rating and a $135.00 price target on the stock. Finally, BMO Capital Markets increased their price target on Adtalem Global Education from $115.00 to $132.00 and gave the stock an "outperform" rating in a research report on Monday, May 12th.

Adtalem Global Education Stock Performance

ATGE traded down $3.54 on Monday, reaching $118.31. The company had a trading volume of 79,564 shares, compared to its average volume of 473,627. Adtalem Global Education has a 1 year low of $68.60 and a 1 year high of $140.12. The stock has a market capitalization of $4.25 billion, a PE ratio of 19.10, a P/E/G ratio of 1.07 and a beta of 0.88. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $120.82 and a 200-day moving average price of $112.26.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.51 by $0.15. The business had revenue of $457.11 million for the quarter, compared to analyst estimates of $440.93 million. Adtalem Global Education had a net margin of 13.26% and a return on equity of 17.95%. The business's revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.37 earnings per share. As a group, research analysts forecast that Adtalem Global Education will post 6.2 EPS for the current fiscal year.

Adtalem Global Education announced that its board has initiated a stock repurchase program on Tuesday, May 6th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Insider Activity

In related news, Director William W. Burke sold 2,291 shares of the firm's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $128.35, for a total transaction of $294,049.85. Following the completion of the sale, the director directly owned 9,368 shares of the company's stock, valued at approximately $1,202,382.80. This trade represents a 19.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is owned by insiders.

Institutional Trading of Adtalem Global Education

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its holdings in shares of Adtalem Global Education by 124.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company's stock worth $70,350,000 after purchasing an additional 387,330 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Adtalem Global Education by 9.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 97,200 shares of the company's stock worth $9,782,000 after purchasing an additional 8,418 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Adtalem Global Education by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company's stock worth $2,246,000 after purchasing an additional 974 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Adtalem Global Education by 30.5% in the 1st quarter. Royal Bank of Canada now owns 11,589 shares of the company's stock worth $1,166,000 after purchasing an additional 2,706 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of Adtalem Global Education in the 1st quarter worth approximately $898,000. 98.84% of the stock is currently owned by 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.