Adtalem Global Education (NYSE:ATGE) Issues Quarterly Earnings Results, Beats Expectations By $0.42 EPS

Adtalem Global Education (NYSE:ATGE) issued its quarterly earnings data on Thursday. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.42, Zacks reports. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. Adtalem Global Education updated its FY 2025 guidance to 6.100-6.300 EPS.

Adtalem Global Education Stock Performance

Shares of NYSE ATGE traded up $2.80 during trading on Thursday, reaching $102.66. The stock had a trading volume of 765,240 shares, compared to its average volume of 370,027. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market cap of $3.85 billion, a PE ratio of 23.49, a P/E/G ratio of 1.13 and a beta of 0.96. Adtalem Global Education has a one year low of $45.16 and a one year high of $103.15. The firm’s 50 day moving average price is $92.72 and its two-hundred day moving average price is $82.08.

Insider Buying and Selling

In other news, Director William W. Burke sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $90.39, for a total transaction of $361,560.00. Following the completion of the transaction, the director now directly owns 11,659 shares of the company’s stock, valued at approximately $1,053,857.01. This represents a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on ATGE. BMO Capital Markets boosted their price target on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Barrington Research upped their target price on Adtalem Global Education from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Finally, StockNews.com downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st.

Adtalem Global Education Company Profile

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.