Adtalem Global Education - ATGE Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Adtalem Global Education in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ATGE shares.
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2 equities research analysts have issued 12-month target prices for Adtalem Global Education's stock. Their ATGE share price forecasts range from $40.00 to $48.00. On average, they predict the company's share price to reach $44.67 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price.
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Adtalem Global Education's stock was trading at $35.50 at the beginning of the year. Since then, ATGE stock has increased by 16.7% and is now trading at $41.44.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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Adtalem Global Education Inc. (NYSE:ATGE) posted its quarterly earnings data on Thursday, February, 2nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.29. The business earned $363.30 million during the quarter, compared to the consensus estimate of $355.14 million. Adtalem Global Education had a net margin of 26.59% and a trailing twelve-month return on equity of 13.13%. The business's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 earnings per share.

Adtalem Global Education issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of $3.95-$4.20 for the period, compared to the consensus estimate of $4.01. The company issued revenue guidance of $1.38 billion-$1.45 billion, compared to the consensus revenue estimate of $1.42 billion.

10 employees have rated Adtalem Global Education Chief Executive Officer Lisa Warner Wardell on Glassdoor.com. Lisa Warner Wardell has an approval rating of 39% among the company's employees. This puts Lisa Warner Wardell in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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Adtalem Global Education trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATGE."

Adtalem Global Education's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (1.76%), Peregrine Capital Management LLC (0.76%), Comerica Bank (0.49%), Kestrel Investment Management Corp (0.42%), Bank of Montreal Can (0.21%) and New York State Teachers Retirement System (0.19%). Insiders that own company stock include Charles Deshazer, Donna Jennings, Georgette D Kiser, Holland Katherine Alice Boden, James Raymond Bartholomew, Justin J Noznesky, Kenneth J Phelan, Lisa W Wardell, Lisa W Wardell, Lyle Logan, Maurice Herrera, Michael W Malafronte, Sharon O'keefe, Stephen W Beard, Thiago Aguiar Sayao and William V Krehbiel.
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Shares of ATGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATGE stock can currently be purchased for approximately $41.44.

Adtalem Global Education (NYSE:ATGE) has a market capitalization of $1.88 billion and generates $1.39 billion in revenue each year. The company earns $317.70 million in net income (profit) each year or $7.84 on an earnings per share basis.

The company employs 4,682 workers across the globe.

Adtalem Global Education's mailing address is 500 WEST MONROE SUITE 28, CHICAGO IL, 60661. The official website for the company is www.adtalem.com. The company can be reached via phone at (866) 374-2678, via email at maureen.resac@adtalem.com, or via fax at 302-655-5049.