NYSE:ATGE - Adtalem Global Education Stock Price, News, & Analysis

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$49.24 0.00 (0.00 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$49.24
Today's Range$48.77 - $49.48
52-Week Range$43.50 - $58.80
Volume310,100 shs
Average Volume383,589 shs
Market Capitalization$2.85 billion
P/E Ratio17.71
Dividend YieldN/A
Beta0.94
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.

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Industry, Sector and Symbol

Industry Educational services
Sub-IndustryEducation Services
SectorConsumer Discretionary
Previous SymbolNASDAQ:ATGE
CUSIP25189310
Phone630-515-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.23 billion
Cash Flow$3.8741 per share
Book Value$24.74 per share

Profitability

Net Income$33.76 million

Miscellaneous

Employees12,318
Market Cap$2.85 billion
Next Earnings Date5/2/2019 (Estimated)
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) issued its quarterly earnings data on Thursday, February, 7th. The company reported $0.74 earnings per share for the quarter, hitting the consensus estimate of $0.74. The company earned $316.60 million during the quarter, compared to analyst estimates of $318.95 million. Adtalem Global Education had a return on equity of 11.41% and a net margin of 8.70%. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.76 earnings per share. View Adtalem Global Education's Earnings History.

When is Adtalem Global Education's next earnings date?

Adtalem Global Education is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Adtalem Global Education.

What guidance has Adtalem Global Education issued on next quarter's earnings?

Adtalem Global Education issued an update on its FY 2019 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of for the period. Adtalem Global Education also updated its Q3 2019 guidance to EPS.

What price target have analysts set for ATGE?

5 brokerages have issued 12-month price objectives for Adtalem Global Education's stock. Their forecasts range from $54.00 to $63.00. On average, they anticipate Adtalem Global Education's stock price to reach $58.60 in the next twelve months. This suggests a possible upside of 19.0% 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 in a year’s time. The outperformance is likely to continue on better-than-expected earnings in first-quarter 2019. In first quarter 2019, the company witnessed new student enrollment growth of 19.7% and total student enrollment growth of 3.6% from the prior year. The company is following a strict cost-control routine, with special emphasis on controlling the escalating costs at some of its institutions. The company believes that its portfolio management approach and effective cost management will help drive sustainability in revenue and EPS growth over the long term. Also, earnings estimates for the current year have remained stable over the past 60 days. However, total revenues declined 3.1% in the quarter due to lower contribution from Professional Education and Technology and Business segments." (1/3/2019)
  • 2. 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)

Has Adtalem Global Education been receiving favorable news coverage?

News coverage about ATGE stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Adtalem Global Education earned a news impact score of 1.7 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Adtalem Global Education's key 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), Apollo Education Group (APOL), JPMorgan Chase & Co. (JPM), Cisco Systems (CSCO), Skyline (SKY), Netflix (NFLX), Alibaba Group (BABA), Alphabet (GOOG) and General Electric (GE).

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 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)

Who are Adtalem Global Education's major shareholders?

Adtalem Global Education's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.60%), Dimensional Fund Advisors LP (8.48%), Wedge Capital Management L L P NC (4.08%), Bank of New York Mellon Corp (3.25%), Northern Trust Corp (2.49%) and Vaughan Nelson Investment Management L.P. (1.74%). Company insiders that own Adtalem Global Education stock include Carlos Filgueiras, Christopher C Nash, Donna Jennings, Eric P Dirst, Fernando Lau, James D White, John P Roselli, Lisa W Wardell, Mehul R Patel, Ronald L Taylor and Susan Groenwald. 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 Wedge Capital Management L L P NC, Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Bank of America Corp DE, Dimensional Fund Advisors LP, Ontario Teachers Pension Plan Board, Fort Washington Investment Advisors Inc. OH and Canada Pension Plan Investment Board. Company insiders that have sold Adtalem Global Education company stock in the last year include Carlos Filgueiras, Christopher C Nash, Donna Jennings, Fernando Lau, James D White, 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 acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Prudential Financial Inc., BlackRock Inc., Rhumbline Advisers, GSA Capital Partners LLP, Geode Capital Management LLC, AlphaCrest Capital Management LLC and Paloma Partners Management Co. 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 $49.24.

How big of a company is Adtalem Global Education?

Adtalem Global Education has a market capitalization of $2.85 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?

The official website for Adtalem Global Education is http://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]


MarketBeat Community Rating for Adtalem Global Education (NYSE ATGE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  474 (Vote Underperform)
Total Votes:  763
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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