Adtalem Global Education (NYSE:ATGE) Updates FY 2025 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.750-5.950 for the period, compared to the consensus earnings per share estimate of 5.750. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Adtalem Global Education also updated its FY25 guidance to $5.75-5.95 EPS.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. BMO Capital Markets lifted their price objective on shares of Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday. Barrington Research raised their price target on shares of Adtalem Global Education from $90.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, StockNews.com upgraded shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd.

Adtalem Global Education Stock Up 9.5 %

ATGE stock traded up $7.13 during mid-day trading on Wednesday, hitting $82.12. 1,073,124 shares of the company were exchanged, compared to its average volume of 468,775. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $3.09 billion, a P/E ratio of 30.87, a P/E/G ratio of 0.84 and a beta of 0.95. The firm’s 50 day simple moving average is $73.91 and its 200 day simple moving average is $68.66. Adtalem Global Education has a 1-year low of $43.78 and a 1-year high of $85.26.

Adtalem Global Education (NYSE:ATGE) last released its earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.17. Adtalem Global Education had a net margin of 8.63% and a return on equity of 14.84%. The business had revenue of $417.40 million during the quarter, compared to analysts’ expectations of $397.48 million. During the same period last year, the business earned $0.93 earnings per share. The firm’s revenue was up 13.2% on a year-over-year basis. On average, sell-side analysts predict that Adtalem Global Education will post 5.72 EPS for the current fiscal year.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.10, for a total transaction of $525,753.20. Following the completion of the transaction, the director now owns 105,085 shares of the company’s stock, valued at approximately $7,576,628.50. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Lisa W. Wardell sold 7,292 shares of the company’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the sale, the director now directly owns 105,085 shares in the company, valued at $7,576,628.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lisa W. Wardell sold 67,330 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $71.51, for a total value of $4,814,768.30. Following the completion of the sale, the director now owns 94,804 shares in the company, valued at $6,779,434.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 148,440 shares of company stock valued at $10,889,450. 2.20% of the stock is currently owned by corporate insiders.

About Adtalem Global Education

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.