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

Adtalem Global Education (NYSE:ATGE) 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.

Adtalem Global Education Stock Performance

ATGE traded down $6.46 on Wednesday, hitting $68.25. The company had a trading volume of 953,964 shares, compared to its average volume of 509,672. The company’s fifty day moving average price is $69.91 and its 200 day moving average price is $58.85. Adtalem Global Education has a 1-year low of $41.79 and a 1-year high of $80.18. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 0.90 and a beta of 0.97.

Adtalem Global Education (NYSE:ATGE) 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.