Adtalem Global Education (NYSE:ATGE – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $5.60-5.85 for the period, compared to the consensus earnings per share estimate of $5.65. The company issued revenue guidance of $1.66-1.70 billion, compared to the consensus revenue estimate of $1.66 billion. Adtalem Global Education also updated its FY 2025 guidance to 5.600-5.850 EPS.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. Robert W. Baird boosted their price target on Adtalem Global Education from $65.00 to $70.00 and gave the company an outperform rating in a research note on Friday, May 3rd. Barrington Research boosted their price target on Adtalem Global Education from $70.00 to $90.00 and gave the company an outperform rating in a research note on Wednesday, July 24th.
View Our Latest Report on Adtalem Global Education
Adtalem Global Education Stock Performance
Adtalem Global Education (NYSE:ATGE – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.13. Adtalem Global Education had a return on equity of 14.06% and a net margin of 7.12%. The firm had revenue of $409.91 million during the quarter, compared to analyst estimates of $398.64 million. During the same period in the previous year, the company earned $1.03 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. Equities analysts predict that Adtalem Global Education will post 4.9 earnings per share for the current fiscal year.
Insider Transactions at Adtalem Global Education
In other news, CAO Manjunath Gangadharan sold 946 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $65.75, for a total transaction of $62,199.50. Following the completion of the transaction, the chief accounting officer now directly owns 6,040 shares in the company, valued at $397,130. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.20% of the company’s stock.
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.
See Also
- Five stocks we like better than Adtalem Global Education
- Consumer Staples Stocks, Explained
- What Are Bonds? A High-Level Overview
- What Are Dividend Contenders? Investing in Dividend Contenders
- Super Micro Stock Drops Sharply After Earnings on Margin Concerns
- Investing in Travel Stocks Benefits
- Lyft’s First-Ever Profit, but the Outlook Is a Speed Bump
Receive News & Ratings for Adtalem Global Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education and related companies with MarketBeat.com's FREE daily email newsletter.