Adtalem Global Education Inc. provides educational services worldwide. It operates through three segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment operates Chamberlain University, which provides a pre-licensure bachelor's degree in nursing at 21 campus locations and post-licensure bachelor's, master's, and doctorate degree programs in nursing through its online platform; and operates medical and veterinary schools, including American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The Professional Education segment operates an Association of Certified Anti-Money Laundering Specialists, which provides membership services, certified anti-money laundering specialist certification, conferences, risk assessment, training, and publications; and Becker Professional Education that prepares candidates for the Certified Public Accountant, Certified Management Accountant, and U.S. Medical Licensing Examination certification examinations, as well as professional education programs and seminars in accounting and finance. This segment also offers professional education in the areas of finance, accounting, analytics, marketing, and healthcare. The Technology and Business segment operates approximately 15 institutions, which offers undergraduate and graduate programs in the areas of business, management, medical, healthcare, law, and engineering; and provides legal bar exam review courses. 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 founded in 1931 and is based in Chicago, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
SymbolNYSE:ATGE
CUSIP25189310
Phone630-515-7700
Debt
Debt-to-Equity Ratio0.19
Current Ratio1.88
Quick Ratio1.88
Price-To-Earnings
Trailing P/E Ratio17.30
Forward P/E Ratio17.36
P/E Growth1.29
Sales & Book Value
Annual Sales$1.23 billion
Price / Sales2.32
Cash Flow$3.8349 per share
Price / Cash12.54
Book Value$25.20 per share
Price / Book1.91
Profitability
EPS (Most Recent Fiscal Year)$2.78
Net Income$33.76 million
Net Margins2.38%
Return on Equity10.49%
Return on Assets7.11%
Miscellaneous
Employees12,318
Outstanding Shares59,370,000
Market Cap$2.82 billion
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) posted its earnings results on Thursday, August, 16th. The company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.91 by $0.05. The business earned $319.80 million during the quarter, compared to analysts' expectations of $352.68 million. Adtalem Global Education had a net margin of 2.38% and a return on equity of 10.49%. The business's quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $0.67 EPS. 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 equities research analysts have issued twelve-month price targets for Adtalem Global Education's stock. Their forecasts range from $47.00 to $60.00. On average, they expect Adtalem Global Education's stock price to reach $55.60 in the next year. This suggests a possible upside of 16.1% 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. 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)
- 2. Barrington Research analysts commented, "We believe the agreement to divest DVU and, now, Carrington 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. Education, Inc. engages in the provision of educational services. It operates through the following segments: Medical and Healthcare, Professional Education, and Technology and Business." (10/5/2018)
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), Laureate Education (LAUR), Graham (GHC), Chegg (CHGG), Hailiang Education Group (HLG), Strategic Education (STRA), Bright Scholar Education Holdngs (BEDU), OneSmart International Edun Gr (ONE), Capella Education (CPLA), Career Education (CECO), Puxin (NEW), K12 (LRN), RISE Education Cayman (REDU) and Sunlands Online Education Group (STG).
Who are Adtalem Global Education's key executives?
Adtalem Global Education's management team includes the folowing people:
- Ms. Lisa W. Wardell, Pres, CEO & Director (Age 49)
- Mr. Patrick J. Unzicker, Sr. VP, CFO & Treasurer (Age 47)
- Ms. Lisa M. Sodeika, Sr. VP of Corp. Relations (Age 54)
- Ms. Kathy Boden Holland, Group Pres of Medical & Healthcare vertical (Age 52)
- Ms. Susan L. Groenwald, Pres Emeritus of Chamberlain University (Age 69)
Who are Adtalem Global Education's major shareholders?
Adtalem Global Education's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Foundry Partners LLC (0.48%), Peregrine Capital Management LLC (0.26%), Aperio Group LLC (0.16%), GHP Investment Advisors Inc. (0.10%), Strs Ohio (0.04%) and Seven Eight Capital LP (0.01%). 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, 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 Foundry Partners LLC, Strs Ohio and Aperio Group 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 and Ronald L Taylor. View Insider Buying and Selling for Adtalem Global Education.
Which major investors are buying Adtalem Global Education stock?
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 $47.88.
How big of a company is Adtalem Global Education?
Adtalem Global Education has a market capitalization of $2.82 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.
