Adtalem Global Education (NYSE:CVSA) Upgraded to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Adtalem Global Education to “Buy” from “Hold,” though the broader analyst consensus remains “Hold” with an average price target of $155.
• Adtalem exceeded quarterly earnings expectations, reporting $2.09 in EPS versus the $1.90 consensus on $501.38 million in revenue; management issued fiscal 2027 EPS guidance of $8.90–$9.15.
• Insiders sold 22,462 shares worth approximately $3.03 million over the past 90 days, while institutional investors hold a dominant 98.84% of outstanding shares.

Adtalem Global Education (NYSE:CVSA - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Sunday, Wall Street Zen reports.

Several other brokerages also recently commented on CVSA. Barrington Research reaffirmed an "outperform" rating and set a $170.00 price objective on shares of Adtalem Global Education in a research report on Monday, June 8th. Truist Financial cut shares of Adtalem Global Education from a "buy" rating to a "hold" rating and set a $140.00 price target for the company. in a report on Thursday, September 3rd. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Adtalem Global Education in a report on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $155.00.

Adtalem Global Education Stock Performance

NYSE CVSA opened at $121.13 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $4.12 billion, a P/E ratio of 17.21, a P/E/G ratio of 0.89 and a beta of 0.63. The firm has a 50-day moving average price of $127.63 and a two-hundred day moving average price of $122.31. Adtalem Global Education has a 12-month low of $86.97 and a 12-month high of $156.26.

Adtalem Global Education (NYSE:CVSA - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.19. The firm had revenue of $501.38 million during the quarter. Adtalem Global Education had a return on equity of 20.88% and a net margin of 12.87%.Adtalem Global Education has set its FY 2027 guidance at 8.900-9.150 EPS. Analysts anticipate that Adtalem Global Education will post 9 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Manjunath Gangadharan sold 1,802 shares of the company's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $137.18, for a total transaction of $247,198.36. Following the completion of the sale, the chief accounting officer owned 5,083 shares in the company, valued at approximately $697,285.94. This represents a 26.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Beard sold 3,545 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $130.34, for a total value of $462,055.30. Following the completion of the sale, the chief executive officer directly owned 415,197 shares of the company's stock, valued at $54,116,776.98. The trade was a 0.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,462 shares of company stock worth $3,027,792 in the last ninety days. Corporate insiders own 2.50% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Adtalem Global Education stock. Kendall Capital Management purchased a new position in Adtalem Global Education Inc. (NYSE:CVSA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,622 shares of the company's stock, valued at approximately $1,449,000. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

About Adtalem Global Education

Adtalem Global Education Inc is a provider of postsecondary education and professional training focused primarily on healthcare and other workforce-oriented fields. Through its academic institutions, the company offers degree programs, certificates and other educational services designed to prepare students for careers in nursing, medicine, veterinary medicine, public health, business and related disciplines.

Adtalem's education network includes Chamberlain University, Walden University, Ross University School of Medicine, Ross University School of Veterinary Medicine and the American University of the Caribbean School of Medicine.

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