NYSE:ATGE

Adtalem Global Education - ATGE Stock Forecast, Price & News

$37.76

+0.60 (+1.61%)

(As of 10/6/2022 10:30 AM ET)

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Today's Range: $37.55
▼
$37.93
50-Day Range: $35.33
▼
$41.12
52-Week Range: $19.14
▼
$41.40

Volume: 3,532 shs
Average Volume: 329,133 shs
Market Capitalization: $1.71 billion

P/E Ratio: 5.85
Dividend Yield: N/A
Price Target: $39.33

Adtalem Global Education MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 5.8% Upside
$39.33 Price Target
Short Interest: Healthy
7.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.02
Upright™ Environmental Score
News Sentiment: 0.98
Based on 5 Articles This Week
Insider Trading: Selling Shares
$99,164 Sold Last Quarter
Proj. Earnings Growth: 6.62%
From $4.08 to $4.35 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Consumer Discretionary Sector

151st out of 276 stocks

Educational Services Industry

14th out of 23 stocks

1.5

Analyst's Opinion

Consensus Rating
Adtalem Global Education has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $39.33, Adtalem Global Education has a forecasted upside of 5.8% from its current price of $37.16.
Amount of Analyst Coverage
Adtalem Global Education has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
7.42% of the float of Adtalem Global Education has been sold short.
Short Interest Ratio / Days to Cover
Adtalem Global Education has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in Adtalem Global Education has recently decreased by 11.17%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Adtalem Global Education does not currently pay a dividend.
Dividend Growth
Adtalem Global Education does not have a long track record of dividend growth.

4.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Adtalem Global Education has received a 80.58% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Private master's level tertiary education services", "Private bachelor's level tertiary education services", and "Non-formal education services" products. See details.
Environmental Sustainability
The Environmental Impact score for Adtalem Global Education is -1.02.

3.3

News and Social Media Coverage

News Sentiment
Adtalem Global Education has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Adtalem Global Education this week, compared to 2 articles on an average week.
MarketBeat Follows
2 people have added Adtalem Global Education to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Adtalem Global Education insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $99,164.00 in company stock.
Percentage Held by Insiders
Only 2.75% of the stock of Adtalem Global Education is held by insiders.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Adtalem Global Education are expected to grow by 6.62% in the coming year, from $4.08 to $4.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Adtalem Global Education is 5.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Adtalem Global Education is 5.75, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 8.88.
Price to Earnings Growth Ratio
Adtalem Global Education has a PEG Ratio of 0.62. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Adtalem Global Education has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Adtalem Global Education (NYSE:ATGE) Stock

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. The Walden segment offers online certificates, bachelor's, master's, and doctoral degrees, including nursing, education, counseling, business, psychology, public health, social work and human services, public administration and public policy, and criminal justice. This segment also operates Walden University. The Medical and Veterinary segment provides degree and non-degree programs in the medical and veterinary postsecondary education industry. This segment operates American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The company was formerly known as DeVry Education Group Inc. and changed its name to Adtalem Global Education Inc. in May 2017. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois.

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ATGE Stock News Headlines

October 5, 2022 | finance.yahoo.com

Adtalem Global Education Announces Publication of Annual Sustainability Report

October 4, 2022 | finance.yahoo.com

Chamberlain University Announces Transition Agreement for More Than 350 Displaced Nursing Students

October 2, 2022 | americanbankingnews.com

Reviewing Adtalem Global Education (NYSE:ATGE) & Golden Sun Education Group (NASDAQ:GSUN)

September 30, 2022 | finance.yahoo.com

'I'm very lucky': Defrauded borrowers are having their student loan balances wiped away

September 27, 2022 | americanbankingnews.com

Adtalem Global Education (NYSE:ATGE) Stock Price Passes Above Two Hundred Day Moving Average of $34.16

September 13, 2022 | finance.yahoo.com

Soul Machines Partners with Adtalem Global Education to Launch Digital Person that Reimagines the Future of Health Care Career Development

September 1, 2022 | finance.yahoo.com

Adtalem Global Education to Participate at Upcoming Barrington Conference and Non-deal Roadshow Hosted by BMO

August 24, 2022 | finance.yahoo.com

Adtalem's (ATGE) RUSM Partners With Bethune-Cookman University

August 23, 2022 | finance.yahoo.com

Ross University School of Medicine and HBCU Bethune-Cookman University Partner to Expand Access for Aspiring Underrepresented Medical Students

August 12, 2022 | finance.yahoo.com

Adtalem (ATGE) Q3 Earnings & Revenue Beat, Margins Rise Y/Y

August 12, 2022 | seekingalpha.com

Adtalem Global Education, Inc. (ATGE) CEO Stephen Beard on Q4 2022 Results - Earnings Call Transcript

August 11, 2022 | finance.yahoo.com

Adtalem Global Education Announces Fiscal Fourth Quarter and Full Year 2022 Results

August 8, 2022 | finance.yahoo.com

Adtalem Global (ATGE) to Post Q4 Earnings: What to Expect?

August 4, 2022 | finance.yahoo.com

Chamberlain University, the No. 1 Educator of Nursing Students, Graduates more than 14,000i Nursing and Health Professionals Filling Critical Healthcare Workforce Gaps Nationally

July 28, 2022 | nasdaq.com

Adtalem Global Education Inc Shares Approach 52-Week High - Market Mover

July 28, 2022 | finance.yahoo.com

Adtalem Global Education Announces Fiscal Fourth Quarter and Full Year 2022 Conference Call

July 28, 2022 | finance.yahoo.com

David Pryluck, MD, MBA, Named Senior Associate Dean, Sint Maarten Campus of American University of the Caribbean School of Medicine

July 25, 2022 | finance.yahoo.com

Chamberlain University’s Master of Social Work Degree Program Granted Initial Accreditation by the Council on Social Work Education’s Commission on Accreditation

July 1, 2022 | finance.yahoo.com

Adtalem (ATGE) Up 17.4% in Last 6 Months: Factors to Note

June 29, 2022 | finance.yahoo.com

Has AMark Precious Metals (AMRK) Outpaced Other Consumer Discretionary Stocks This Year?

June 27, 2022 | finance.yahoo.com

Strength Seen in Adtalem (ATGE): Can Its 8.7% Jump Turn into More Strength?

June 23, 2022 | finance.yahoo.com

Adtalem (ATGE) Moves to Strong Buy: Rationale Behind the Upgrade

June 17, 2022 | finance.yahoo.com

Independent Director William Krehbiel Just Bought A Handful Of Shares In Adtalem Global Education Inc. (NYSE:ATGE)

June 9, 2022 | finance.yahoo.com

The Zacks Analyst Blog Highlights H&R Block, Stride, Adtalem Global Education, Nexstar Media Group, and Mattel

June 6, 2022 | finance.yahoo.com

Adtalem Global Education Appoints Liam Krehbiel to its Board of Directors

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ATGE Company Calendar

Last Earnings: 8/11/2022
Today: 10/06/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Educational services
Sub-Industry: Education Services
Sector: Consumer Discretionary
Current Symbol: NYSE:ATGE
Previous Symbol: NASDAQ:ATGE
CUSIP: 25189310
CIK: 730464
Web: www.adtalem.com
Phone: (866) 374-2678
Fax: 302-655-5049
Employees: 4,682
Year Founded: 1973

Price Target and Rating

Average Stock Price Forecast: $39.33
High Stock Price Forecast: $46.00
Low Stock Price Forecast: $32.00
Forecasted Upside/Downside: +4.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.46
Trailing P/E Ratio: 5.85
Forward P/E Ratio: 9.25
P/E Growth: 0.62
Net Income: $317.70 million
Net Margins: 21.97%
Pretax Margin: -3.25%
Return on Equity: 12.38%
Return on Assets: 4.92%

Debt

Debt-to-Equity Ratio: 0.56
Current Ratio: 1.33
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $1.39 billion
Price / Sales: 1.23
Cash Flow: $8.58 per share
Price / Cash Flow: 4.40
Book Value: $33.34 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 45,200,000
Free Float: 43,961,000
Market Cap: $1.71 billion
Optionable: Optionable
Beta: 0.98

Social Links

Key Executives

Ms. Lisa Warner Wardell Esq. (Age 53)
Exec. Chairman
Comp: $2.74M

Mr. Stephen W. Beard (Age 51)
Pres, CEO & Director
Comp: $1.31M

Mr. Robert J. Phelan (Age 56)
Sr. VP & CFO
Comp: $689.6k

Mr. Douglas G. Beck (Age 55)
Sr. VP, Gen. Counsel & Corp. Sec.
Comp: $17.49k

Dr. Heidi Chumley M.D.
MBA, Exec. Dean

Dr. Sean Callanan MVB
MRCVS, CertVR, Ph.D., DipECVP, FRCPath, Dean

Dr. William F. Owen Jr. (Age 66)
Dean & Chancellor - Ross University School of Medicine

Mr. Manjunath Gangadharan (Age 39)
VP & Chief Accounting Officer

Maureen Resac
VP of Investor Relations & Treasury

Ernie Gibble
Sr. Director of Global Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATGE Stock - Frequently Asked Questions

Should I buy or sell Adtalem Global Education stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adtalem Global Education in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ATGE shares.
View ATGE analyst ratings or view top-rated stocks.
What is Adtalem Global Education's stock price forecast for 2022?: 1 Wall Street research analysts have issued twelve-month target prices for Adtalem Global Education's shares. Their ATGE share price forecasts range from $32.00 to $46.00. On average, they anticipate the company's stock price to reach $39.33 in the next year. This suggests a possible upside of 5.8% from the stock's current price.
View analysts price targets for ATGE or view top-rated stocks among Wall Street analysts.
How have ATGE shares performed in 2022?: Adtalem Global Education's stock was trading at $29.56 on January 1st, 2022. Since then, ATGE stock has increased by 25.7% and is now trading at $37.16.
View the best growth stocks for 2022 here.
Are investors shorting Adtalem Global Education?: Adtalem Global Education saw a decline in short interest in September. As of September 15th, there was short interest totaling 3,260,000 shares, a decline of 11.2% from the August 31st total of 3,670,000 shares. Based on an average trading volume of 379,000 shares, the days-to-cover ratio is presently 8.6 days. Currently, 7.4% of the shares of the stock are short sold.
View Adtalem Global Education's Short Interest.
When is Adtalem Global Education's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ATGE earnings forecast.
How were Adtalem Global Education's earnings last quarter?: Adtalem Global Education Inc. (NYSE:ATGE) announced its quarterly earnings results on Thursday, August, 11th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.03. The business earned $361.23 million during the quarter, compared to analysts' expectations of $348.90 million. Adtalem Global Education had a net margin of 21.97% and a trailing twelve-month return on equity of 12.38%. The company's revenue for the quarter was up 61.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 EPS.
What guidance has Adtalem Global Education issued on next quarter's earnings?: Adtalem Global Education updated its FY 2023 earnings guidance on Friday, September, 9th. The company provided earnings per share guidance of $3.95-$4.20 for the period, compared to the consensus EPS estimate of $4.26. The company issued revenue guidance of $1.38 billion-$1.45 billion, compared to the consensus revenue estimate of $1.46 billion.

What is Lisa Warner Wardell's approval rating as Adtalem Global Education's CEO?: 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.
What other stocks do shareholders of Adtalem Global Education own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Adtalem Global Education investors own include Pfizer (PFE), Intel (INTC), NVIDIA (NVDA), ONEOK (OKE), Tesla (TSLA), Valero Energy (VLO), Aptiv (APTV), Cisco Systems (CSCO), Walgreens Boots Alliance (WBA) and Advanced Micro Devices (AMD).
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 do I buy shares of Adtalem Global Education?: 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.
Compare Top Brokerages Here.
What is Adtalem Global Education's stock price today?: One share of ATGE stock can currently be purchased for approximately $37.16.
How much money does Adtalem Global Education make?: Adtalem Global Education (NYSE:ATGE) has a market capitalization of $1.68 billion and generates $1.39 billion in revenue each year. The company earns $317.70 million in net income (profit) each year or $6.46 on an earnings per share basis.
How many employees does Adtalem Global Education have?: The company employs 4,682 workers across the globe.
Does Adtalem Global Education have any subsidiaries?: The following companies are subsidiares of Adtalem Global Education: Walden University.
Read More
How can I contact Adtalem Global Education?: 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.

This page (NYSE:ATGE) was last updated on 10/6/2022 by MarketBeat.com Staff

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Adtalem Global Education - ATGE Stock Forecast, Price & News

Adtalem Global Education MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability