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 (EPS) guidance of $5.60-5.85 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ATGE shares. Barrington Research boosted their price objective on shares of Adtalem Global Education from $70.00 to $90.00 and gave the stock an outperform rating in a research note on Wednesday, July 24th. Robert W. Baird increased their target price 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.

Adtalem Global Education Price Performance

Shares of Adtalem Global Education stock traded up $1.10 during trading on Tuesday, hitting $74.75. The stock had a trading volume of 863,360 shares, compared to its average volume of 506,709. Adtalem Global Education has a fifty-two week low of $41.79 and a fifty-two week 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 business has a fifty day moving average of $69.67 and a two-hundred day moving average of $58.69. The firm has a market cap of $2.81 billion, a P/E ratio of 27.70, a PEG ratio of 0.90 and a beta of 0.97.

Insider Activity at Adtalem Global Education

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 946 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $65.75, for a total value of $62,199.50. Following the transaction, the chief accounting officer now owns 6,040 shares in the company, valued at $397,130. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.