Adtalem Global Education (NYSE:ATGE) Issues FY 2025 Earnings Guidance
by Teresa Graham · The Cerbat GemAdtalem Global Education (NYSE:ATGE – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.
Adtalem Global Education Stock Performance
ATGE stock traded down $1.20 during midday trading on Thursday, reaching $80.92. 525,668 shares of the company were exchanged, compared to its average volume of 469,046. Adtalem Global Education has a one year low of $43.78 and a one year high of $85.26. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 30.42, a price-to-earnings-growth ratio of 0.84 and a beta of 0.95. The business has a 50-day moving average price of $74.05 and a two-hundred day moving average price of $68.74. 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 – Get Free Report) last announced its earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, topping 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 the consensus estimate of $397.48 million. During the same quarter in the previous year, the firm posted $0.93 EPS. Adtalem Global Education’s revenue was up 13.2% compared to the same quarter last year. Equities research analysts forecast that Adtalem Global Education will post 5.72 EPS for the current year.
Analysts Set New Price Targets
Several equities analysts have recently commented on ATGE shares. StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday. BMO Capital Markets upped their price objective on Adtalem Global Education from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Barrington Research increased their price objective on Adtalem Global Education from $90.00 to $95.00 and gave the stock an “outperform” rating in a research report on Wednesday.
Get Our Latest Stock Analysis on ATGE
Insider Transactions at Adtalem Global Education
In related news, Director Lisa W. Wardell sold 67,330 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $6,779,434.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Lisa W. Wardell sold 67,330 shares of the business’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 transaction, the director now owns 94,804 shares of the company’s stock, valued at $6,779,434.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lisa W. Wardell sold 24,637 shares of the 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 sale, the director now owns 105,085 shares in the company, valued at $7,944,426. 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 ninety days, insiders have sold 148,440 shares of company stock valued at $10,889,450. 2.20% of the stock is currently owned by company 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.
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