Adtalem Global Education (NYSE:ATGE) had its price target lowered by BMO Capital Markets from $49.00 to $45.00 in a research note published on Wednesday. BMO Capital Markets currently has a market perform rating on the stock.

ATGE has been the topic of a number of other research reports. Robert W. Baird restated a hold rating on shares of Adtalem Global Education in a research report on Thursday, December 7th. Piper Jaffray Companies restated a buy rating and set a $59.00 price target on shares of Adtalem Global Education in a research report on Monday, December 4th. Zacks Investment Research downgraded Adtalem Global Education from a hold rating to a sell rating in a research report on Tuesday, October 17th. Finally, BidaskClub upgraded Adtalem Global Education from a hold rating to a buy rating in a research report on Thursday, November 2nd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $50.33.

Shares of Adtalem Global Education (NYSE:ATGE) opened at $46.85 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. Adtalem Global Education has a 12-month low of $30.15 and a 12-month high of $47.15. The stock has a market capitalization of $2,649.17, a price-to-earnings ratio of 292.81, a P/E/G ratio of 1.88 and a beta of 1.01.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.01. Adtalem Global Education had a return on equity of 9.71% and a net margin of 0.86%. The company had revenue of $337.24 million for the quarter, compared to the consensus estimate of $435.56 million. During the same quarter last year, the business posted $0.64 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year. analysts expect that Adtalem Global Education will post 2.83 EPS for the current fiscal year.

In other Adtalem Global Education news, SVP Donna Jennings sold 4,582 shares of the firm’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $45.00, for a total transaction of $206,190.00. Following the sale, the senior vice president now owns 16,794 shares in the company, valued at $755,730. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.04% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ATGE. JPMorgan Chase & Co. bought a new position in shares of Adtalem Global Education during the second quarter valued at about $2,065,000. Teachers Advisors LLC bought a new position in shares of Adtalem Global Education during the second quarter valued at about $4,252,000. TIAA CREF Investment Management LLC bought a new position in shares of Adtalem Global Education during the second quarter valued at about $6,359,000. UBS Asset Management Americas Inc. bought a new position in shares of Adtalem Global Education during the second quarter valued at about $1,486,000. Finally, Citigroup Inc. bought a new position in shares of Adtalem Global Education during the second quarter valued at about $479,000.

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Adtalem Global Education Company Profile

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

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