Adtalem Global Education (NYSE:ATGE) Updates FY 2025 Earnings Guidance

Adtalem Global Education (NYSE:ATGE) updated its FY 2025 earnings guidance on Tuesday. 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 Up 2.2 %

Shares of NYSE ATGE traded up $1.64 during midday trading on Tuesday, reaching $74.97. 506,334 shares of the company’s stock were exchanged, compared to its average volume of 465,721. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.86 and a current ratio of 0.86. Adtalem Global Education has a 52-week low of $43.78 and a 52-week high of $80.18. The business’s fifty day moving average price is $73.74 and its two-hundred day moving average price is $68.57. The stock has a market capitalization of $2.82 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 0.84 and a beta of 0.95.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.09. The firm had revenue of $409.91 million for the quarter, compared to analysts’ expectations of $398.64 million. Adtalem Global Education had a net margin of 8.63% and a return on equity of 14.84%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. Analysts forecast that Adtalem Global Education will post 5.72 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets boosted their price target on Adtalem Global Education from $76.00 to $84.00 and gave the company an “outperform” rating in a report on Thursday, August 8th. Barrington Research reaffirmed an “outperform” rating and issued a $90.00 price target on shares of Adtalem Global Education in a report on Thursday, August 29th. Finally, StockNews.com upgraded Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd.

Insider Activity

In related news, Director Lisa W. Wardell sold 67,330 shares of Adtalem Global Education stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $71.51, for a total value of $4,814,768.30. Following the sale, the director now directly owns 94,804 shares in the company, valued at $6,779,434.04. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director Lisa W. Wardell sold 67,330 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $71.51, for a total transaction of $4,814,768.30. Following the transaction, the director now directly owns 94,804 shares of the company’s stock, valued at approximately $6,779,434.04. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lisa W. Wardell sold 24,637 shares of Adtalem Global Education stock in a transaction dated Tuesday, August 27th. The shares were 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 approximately $7,944,426. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders 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.