NYSE:ATGEAdtalem Global Education Stock Price, Forecast & News

$32.96

+0.24 (+0.73 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$32.58

Now: $32.96▼

$33.04

50-Day Range

$23.57

MA: $29.83▼

$34.65

52-Week Range

$19.76

Now: $32.96▼

$51.79

Volume202,948 shs

Average Volume481,464 shs

Market Capitalization$1.71 billion

P/E Ratio8.14

Dividend YieldN/A

Beta1.05

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Adtalem Global Education has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.67, Adtalem Global Education has a potential upside of 26.4% from its current price of $32.96.
Amount of Analyst Coverage
Adtalem Global Education has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Adtalem Global Education has received 370 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Adtalem Global Education has received 552 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Adtalem Global Education has received 59.87% “underperform” votes from our community.

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.

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.

1.0 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 $40,684.00 in company stock.
Percentage Held by Insiders
Only 1.46% of the stock of Adtalem Global Education is held by insiders.
Percentage Held by Institutions
98.41% of the stock of Adtalem Global Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Adtalem Global Education are expected to grow by 21.55% in the coming year, from $2.32 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Adtalem Global Education is 8.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Adtalem Global Education is 8.14, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.83.
Price to Earnings Growth Ratio
Adtalem Global Education has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Adtalem Global Education has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.78 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Educational services

Sub-IndustryEducation Services

SectorConsumer Discretionary

Current SymbolNYSE:ATGE

Previous SymbolNASDAQ:ATGE

CUSIP25189310

CIK730464

Webwww.adtalem.com

Phone630-515-7700

Debt

Debt-to-Equity Ratio0.48

Current Ratio1.58

Quick Ratio1.58

Price-To-Earnings

Trailing P/E Ratio8.14

Forward P/E Ratio14.21

P/E Growth1.14

Sales & Book Value

Annual Sales$1.24 billion

Price / Sales1.38

Cash Flow$3.90 per share

Price / Cash Flow8.46

Book Value$24.59 per share

Price / Book1.34

Profitability

EPS (Most Recent Fiscal Year)$2.82

Net Income$95.17 million

Net Margins19.62%

Return on Equity11.19%

Return on Assets6.22%

Miscellaneous

Employees9,056

Outstanding Shares51,802,000

Market Cap$1.71 billion

Next Earnings Date8/27/2020 (Estimated)

OptionableOptionable

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Adtalem Global Education (NYSE:ATGE) Frequently Asked Questions

How has Adtalem Global Education's stock been impacted by COVID-19 (Coronavirus)?

Adtalem Global Education's stock was trading at $27.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ATGE stock has increased by 21.8% and is now trading at $32.96. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Adtalem Global Education?

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Adtalem Global Education.

When is Adtalem Global Education's next earnings date?

Adtalem Global Education is scheduled to release its next quarterly earnings announcement on Thursday, August 27th 2020. View our earnings forecast for Adtalem Global Education.

How were Adtalem Global Education's earnings last quarter?

Adtalem Global Education Inc (NYSE:ATGE) released its earnings results on Tuesday, May, 5th. The company reported $0.81 EPS for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.14. The company earned $271.50 million during the quarter, compared to analysts' expectations of $274.08 million. Adtalem Global Education had a return on equity of 11.19% and a net margin of 19.62%. Adtalem Global Education's revenue was down 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. View Adtalem Global Education's earnings history.

What price target have analysts set for ATGE?

4 Wall Street analysts have issued 12-month price targets for Adtalem Global Education's stock. Their forecasts range from $35.00 to $55.00. On average, they anticipate Adtalem Global Education's stock price to reach $41.67 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View analysts' price targets for Adtalem Global Education.

Has Adtalem Global Education been receiving favorable news coverage?

Media headlines about ATGE stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Adtalem Global Education earned a news impact score of -2.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAdtalem Global Education.

Are investors shorting Adtalem Global Education?

Adtalem Global Education saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,650,000 shares, a drop of 15.6% from the April 30th total of 3,140,000 shares. Based on an average daily volume of 524,200 shares, the days-to-cover ratio is currently 5.1 days. Approximately 5.2% of the company's shares are short sold. View Adtalem Global Education's Current Options Chain.

Who are some of Adtalem Global Education's key competitors?

Some companies that are related to Adtalem Global Education include Bright Horizons Family Solutions (BFAM), Grand Canyon Education (LOPE), Strategic Education (STRA), K12 (LRN), American Public Education (APEI), Universal Technical Institute (UTI), Lincoln Educational Services (LINC), National American University Holdngs (NAUH), Corinthian Colleges (COCOQ) and ITT Educational Services (ESINQ). View all competitors.

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 Tesla (TSLA), NVIDIA (NVDA), Netflix (NFLX), Skyline (SKY), Apollo Education Group (APOL), Alibaba Group (BABA), Bank of America (BAC), Caterpillar (CAT), Cisco Systems (CSCO) and 3D Systems (DDD).

Who are Adtalem Global Education's key executives?

Adtalem Global Education's management team includes the following people:

Ms. Lisa W. Wardell, Pres, CEO & Director (Age 50)
Mr. Patrick J. Unzicker, Sr. VP, CFO & Treasurer (Age 48)
Ms. Donna N. Jennings-Howell, Sr. VP of HR (Age 57)
Ms. Kathy Boden Holland, Group Pres of Medical & Healthcare vertical (Age 53)
Mr. Mehul R. Patel, Group Pres of Professional Education (Age 45)

What is Adtalem Global Education's stock symbol?

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

Who are Adtalem Global Education's major shareholders?

Adtalem Global Education's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.07%), International Value Advisers LLC (7.65%), Wedge Capital Management L L P NC (5.19%), State Street Corp (3.34%), Frontier Capital Management Co. LLC (2.74%) and Neumeier Poma Investment Counsel LLC (1.62%). Company insiders that own Adtalem Global Education stock include Carlos Filgueiras, Christopher C Nash, Donna Jennings, Fernando Lau, Holland Katherine Alice Boden, James D White, Lisa W Wardell, Mehul R Patel, Michael O Randolfi, Patrick J Unzicker, Ronald L Taylor and Thiago Aguiar Sayao. View institutional ownership trends for Adtalem Global Education.

Which institutional investors are selling Adtalem Global Education stock?

ATGE stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of New York Mellon Corp, AQR Capital Management LLC, Morgan Stanley, BlackRock Inc., Wedge Capital Management L L P NC, Canada Pension Plan Investment Board, and Russell Investments Group Ltd.. Company insiders that have sold Adtalem Global Education company stock in the last year include Patrick J Unzicker, and Thiago Aguiar Sayao. View insider buying and selling activity for Adtalem Global Education.

Which institutional investors are buying Adtalem Global Education stock?

ATGE stock was purchased by a variety of institutional investors in the last quarter, including International Value Advisers LLC, Frontier Capital Management Co. LLC, Madison Avenue Partners LP, William Blair Investment Management LLC, Polar Asset Management Partners Inc., Citigroup Inc., Farley Capital L.P., and Geode Capital Management LLC. Company insiders that have bought Adtalem Global Education stock in the last two years include Holland Katherine Alice Boden, and Michael O Randolfi. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Adtalem Global Education's stock price today?

One share of ATGE stock can currently be purchased for approximately $32.96.

How big of a company is Adtalem Global Education?

Adtalem Global Education has a market capitalization of $1.71 billion and generates $1.24 billion in revenue each year. The company earns $95.17 million in net income (profit) each year or $2.82 on an earnings per share basis. Adtalem Global Education employs 9,056 workers across the globe.

What is Adtalem Global Education's official website?

The official website for Adtalem Global Education is www.adtalem.com.

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff