Adtalem Global Education (NYSE:ATGE) Issues FY25 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.75-5.95 for the period, compared to the consensus EPS estimate of $5.75. The company issued revenue guidance of $1.69-1.73 billion, compared to the consensus revenue estimate of $1.68 billion. Adtalem Global Education also updated its FY 2025 guidance to 5.750-5.950 EPS.

Adtalem Global Education Stock Performance

Shares of ATGE stock traded up $7.13 during midday trading on Wednesday, hitting $82.12. The company had a trading volume of 1,073,124 shares, compared to its average volume of 468,775. The company’s 50 day simple moving average is $73.91 and its 200 day simple moving average is $68.66. Adtalem Global Education has a 52-week low of $43.78 and a 52-week high of $85.26. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 30.87, a PEG ratio of 0.84 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.86 and a quick ratio of 0.86.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.17. Adtalem Global Education had a return on equity of 14.84% and a net margin of 8.63%. The firm had revenue of $417.40 million for the quarter, compared to the consensus estimate of $397.48 million. During the same period in the previous year, the business earned $0.93 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Research analysts anticipate that Adtalem Global Education will post 5.72 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on ATGE. BMO Capital Markets boosted their target price on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday. Barrington Research boosted their target price on Adtalem Global Education from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, StockNews.com raised Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 23rd.

Insiders Place Their Bets

In other Adtalem Global Education news, Director Lisa W. Wardell sold 24,637 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $75.60, for a total transaction of $1,862,557.20. Following the completion of the sale, the director now directly owns 105,085 shares in the company, valued at $7,944,426. 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 through this hyperlink. In other news, Director Lisa W. Wardell sold 24,637 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $75.60, for a total value of $1,862,557.20. Following the completion of the sale, the director now owns 105,085 shares of the company’s stock, valued at $7,944,426. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lisa W. Wardell sold 67,330 shares of the company’s stock in a transaction dated Thursday, August 8th. The stock was 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 directly owns 94,804 shares of the company’s stock, valued at $6,779,434.04. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 148,440 shares of company stock worth $10,889,450 over the last three months. 2.20% of the stock is owned by 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.