Adtalem Global Education, Inc. engages in the provision of educational services. It operates through the following segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment includes the operations of Ross University medical and veterinary schools, Chamberlain College of Nursing and Carrington. The Professional Education segment consists of Association of Certified Anti-Money Laundering Specialistsm, Becker Professional Education and EduPristine. The Technology and Business segment refers to Adtalem Education of Brazil. The company was founded by Dennis J. Keller and Ronald L. Taylor in August 1987 and is headquartered in Downers Grove, IL.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
Current SymbolNYSE:ATGE
Previous SymbolNASDAQ:ATGE
CUSIP25189310
Phone630-515-7700
Debt
Debt-to-Equity Ratio0.20
Current Ratio1.61
Quick Ratio1.61
Price-To-Earnings
Trailing P/E Ratio18.98
Forward P/E Ratio18.51
P/E Growth1.4
Sales & Book Value
Annual Sales$1.23 billion
Price / Sales2.52
Cash Flow$3.7875 per share
Price / Cash Flow13.93
Book Value$25.20 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$33.76 million
Net Margins0.89%
Return on Equity11.43%
Return on Assets7.50%
Miscellaneous
Employees12,318
Outstanding Shares58,740,000
Market Cap$3.10 billion
OptionableOptionable
Adtalem Global Education (NYSE:ATGE) Frequently Asked Questions
What is Adtalem Global Education's stock symbol?
Adtalem Global Education trades on the New York Stock Exchange (NYSE) under the ticker symbol "ATGE."
How were Adtalem Global Education's earnings last quarter?
Adtalem Global Education Inc (NYSE:ATGE) announced its quarterly earnings results on Thursday, November, 1st. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.04. The firm had revenue of $284.19 million for the quarter, compared to the consensus estimate of $296.12 million. Adtalem Global Education had a return on equity of 11.43% and a net margin of 0.89%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. View Adtalem Global Education's Earnings History.
When is Adtalem Global Education's next earnings date?
What price target have analysts set for ATGE?
5 analysts have issued 12 month price objectives for Adtalem Global Education's shares. Their predictions range from $54.00 to $63.00. On average, they anticipate Adtalem Global Education's stock price to reach $58.20 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Adtalem Global Education.
What is the consensus analysts' recommendation for Adtalem Global Education?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adtalem Global Education in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Adtalem Global Education.
What are Wall Street analysts saying about Adtalem Global Education stock?
Here are some recent quotes from research analysts about Adtalem Global Education stock:
- 1. Barrington Research analysts commented, "We believe the agreement to divest College enhances the value of and de‐risks investment in Adtalem, allowing management to focus on driving growth across its three key verticals of by eliminating the distraction of the turnaround institutions. At current levels, ATGE is trading at 15.9x calendar 2019 consensus EPS (vs. a peer group average of 17.3x) and 7.5x calendar 2019 consensus EBITDA (vs. a peer group average of 8.4x). As such, we are reiterating our OUTPERFORM investment rating and our 12‐month price target of $60, suggesting 25% upside." (10/23/2018)
- 2. According to Zacks Investment Research, "Shares of Adtalem have outperformed the industry so far this year. Meanwhile, earnings estimates have also been trending downward for the current quarter and current fiscal year over the past two months, limiting upside potential for the stock. The company has been witnessing weak enrollments at its institutions. As the employment situation is improving, more adult students are opting for jobs and the demand for academic programs have declined, thereby hampering growth prospects of for-profit education companies. Also, budget constraints in states that provide state financial aid to Adtalem students could reduce the amount of such aid, which would affect enrollment growth. Again, tepid revenue outlook for fiscal first quarter and earnings outlook for the full year raise concerns. That said, Adtalem has been undertaking initiatives for achieving strong multi-year organic growth." (10/17/2018)
Has Adtalem Global Education been receiving favorable news coverage?
Press coverage about ATGE stock has been trending very positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Adtalem Global Education earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Adtalem Global Education's key competitors?
Some companies that are related to Adtalem Global Education include New Oriental Education & Tech Grp (EDU), Grand Canyon Education (LOPE), Graham (GHC), Chegg (CHGG), Laureate Education (LAUR), Strategic Education (STRA), Hailiang Education Group (HLG), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), K12 (LRN), Career Education (CECO), Puxin (NEW), Arco Platform (ARCE), American Public Education (APEI) and RISE Education Cayman (REDU).
Who are Adtalem Global Education's key executives?
Adtalem Global Education's management team includes the folowing people:
- Lisa W. Wardell, President & Chief Executive Officer
- Patrick J. Unzicker, Chief Financial Officer, Treasurer & Senior VP
- Christopher C. Nash, Chief Information Officer & Senior Vice President
- Carlos Alberto Guerra Filgueiras, Group President-Technology & Business
- Fernando Lau, Chief Marketing Officer & Senior Vice President
Who are Adtalem Global Education's major shareholders?
Adtalem Global Education's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.39%), Vanguard Group Inc. (9.09%), Dimensional Fund Advisors LP (8.50%), William Blair Investment Management LLC (8.31%), Wedge Capital Management L L P NC (4.54%) and Bank of New York Mellon Corp (3.70%). Company insiders that own Adtalem Global Education stock include Carlos Filgueiras, Christopher C Nash, Donna Jennings, Eric P Dirst, Fernando Lau, John P Roselli, Lisa W Wardell, Mehul R Patel, Robert A Paul, Ronald L Taylor, Susan Groenwald and Value Advisers International. View Institutional Ownership Trends for Adtalem Global Education.
Which major investors are selling Adtalem Global Education stock?
ATGE stock was sold by a variety of institutional investors in the last quarter, including S&T Bank PA, Loomis Sayles & Co. L P, AXA, International Value Advisers LLC, American Century Companies Inc., Dimensional Fund Advisors LP, Morgan Stanley and AQR Capital Management LLC. Company insiders that have sold Adtalem Global Education company stock in the last year include Carlos Filgueiras, Christopher C Nash, Donna Jennings, Fernando Lau, Lisa W Wardell, Mehul R Patel and Ronald L Taylor. View Insider Buying and Selling for Adtalem Global Education.
Which major investors are buying Adtalem Global Education stock?
ATGE stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Bank of New York Mellon Corp, Vaughan Nelson Investment Management L.P., William Blair Investment Management LLC, FMR LLC, Comerica Bank, Ontario Teachers Pension Plan Board and Man Group plc. View Insider Buying and Selling for Adtalem Global Education.
How do I buy shares of Adtalem Global Education?
Shares of ATGE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Adtalem Global Education's stock price today?
One share of ATGE stock can currently be purchased for approximately $52.76.
How big of a company is Adtalem Global Education?
Adtalem Global Education has a market capitalization of $3.10 billion and generates $1.23 billion in revenue each year. The company earns $33.76 million in net income (profit) each year or $2.78 on an earnings per share basis. Adtalem Global Education employs 12,318 workers across the globe.
What is Adtalem Global Education's official website?
How can I contact Adtalem Global Education?
Adtalem Global Education's mailing address is 500 WEST MONROE SUITE 28, CHICAGO IL, 60661. The company can be reached via phone at 630-515-7700 or via email at [email protected]
MarketBeat Community Rating for Adtalem Global Education (NYSE ATGE)
MarketBeat's community ratings are surveys of what our community members think about Adtalem Global Education and other stocks. Vote "Outperform" if you believe ATGE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ATGE will underperform the S&P 500 over the long term. You may vote once every thirty days.
