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

Adtalem Global Education's stock was trading at $27.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ATGE stock has decreased by 8.4% and is now trading at $24.80. View which stocks have been mosted impacted by Coronavirus.

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.

Adtalem Global Education is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Adtalem Global Education.

Adtalem Global Education Inc (NYSE:ATGE) posted its quarterly earnings data on Tuesday, February, 4th. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $0.03. The company had revenue of $266.20 million for the quarter, compared to the consensus estimate of $263.74 million. Adtalem Global Education had a return on equity of 10.72% and a net margin of 9.25%. The firm's revenue for the quarter was down 15.9% on a year-over-year basis. During the same quarter last year, the company posted $0.74 EPS. View Adtalem Global Education's earnings history.

Adtalem Global Education updated its FY 2020 After-Hours earnings guidance on Tuesday, February, 4th. The company provided earnings per share guidance of 3.02-3.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.48. The company issued revenue guidance of $1.302-1.326 billion, compared to the consensus revenue estimate of $1.08 billion.

4 Wall Street analysts have issued 1-year target prices for Adtalem Global Education's shares. Their forecasts range from $42.00 to $55.00. On average, they expect Adtalem Global Education's share price to reach $46.33 in the next year. This suggests a possible upside of 86.8% from the stock's current price. View analysts' price targets for Adtalem Global Education.

News articles about ATGE stock have been trending somewhat positive on Saturday, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Adtalem Global Education earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutAdtalem Global Education.

Adtalem Global Education saw a increase in short interest in March. As of March 13th, there was short interest totaling 4,435,300 shares, an increase of 5.1% from the February 27th total of 4,220,000 shares. Based on an average daily volume of 430,900 shares, the short-interest ratio is currently 10.3 days. Currently, 8.6% of the shares of the stock are short sold. View Adtalem Global Education's Current Options Chain.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Adtalem Global Education investors own include Tesla (TSLA), NVIDIA (NVDA), Twitter (TWTR), Gogo (GOGO), Netflix (NFLX), Walgreens Boots Alliance (WBA), Alibaba Group (BABA), Bank of America (BAC), Iqvia (IQV) and Nike (NKE).

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 investors include Wedge Capital Management L L P NC (5.46%), State Street Corp (3.10%), Ariel Investments LLC (2.84%), FIL Ltd (2.78%), Bank of New York Mellon Corp (2.01%) and FMR LLC (1.95%). 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.

ATGE stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Victory Capital Management Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, UBS Asset Management Americas Inc., Bank of New York Mellon Corp, and Marshall Wace LLP. 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.

ATGE stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Norges Bank, Ariel Investments LLC, Nuveen Asset Management LLC, Farley Capital L.P., FMR LLC, Neumeier Poma Investment Counsel LLC, and Citigroup Inc.. 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.

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.

One share of ATGE stock can currently be purchased for approximately $24.80.

Adtalem Global Education has a market capitalization of $1.37 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. View additional information about Adtalem Global Education.

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

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]