Adtalem Global Education - ATGE Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" ATGE shares.
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2 equities research analysts have issued twelve-month price objectives for Adtalem Global Education's stock. Their ATGE share price forecasts range from $40.00 to $48.00. On average, they expect the company's stock price to reach $44.67 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
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Adtalem Global Education's stock was trading at $29.56 at the start of the year. Since then, ATGE stock has increased by 33.5% and is now trading at $39.46.
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Adtalem Global Education saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 1,460,000 shares, a drop of 27.4% from the October 31st total of 2,010,000 shares. Based on an average trading volume of 363,200 shares, the days-to-cover ratio is presently 4.0 days. Approximately 3.3% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
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Adtalem Global Education Inc. (NYSE:ATGE) issued its quarterly earnings data on Thursday, November, 3rd. The company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.17. The business earned $354.56 million during the quarter, compared to analysts' expectations of $353.41 million. Adtalem Global Education had a net margin of 26.01% and a trailing twelve-month return on equity of 12.53%. The business's revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.62 earnings per share.

Adtalem Global Education updated its FY 2023 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $3.95-$4.20 for the period, compared to the consensus estimate of $4.06. 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.

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).

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.82%), Vanguard Group Inc. (10.82%), Dimensional Fund Advisors LP (7.91%), State Street Corp (3.69%), Alliancebernstein L.P. (2.60%) and Frontier Capital Management Co. LLC (2.07%). 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, 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 $39.46.

Adtalem Global Education (NYSE:ATGE) has a market capitalization of $1.79 billion and generates $1.39 billion in revenue each year. The company earns $317.70 million in net income (profit) each year or $7.68 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.