Adtalem Global Education (NYSE:ATGE) had its price target hoisted by Robert W. Baird from $46.00 to $47.00 in a research note published on Wednesday morning. They currently have a neutral rating on the stock.

Several other research firms also recently issued reports on ATGE. BMO Capital Markets dropped their price objective on shares of Adtalem Global Education from $49.00 to $45.00 and set a market perform rating on the stock in a report on Wednesday. Zacks Investment Research upgraded shares of Adtalem Global Education from a sell rating to a hold rating in a report on Friday, February 2nd. Piper Jaffray Companies restated a buy rating and set a $59.00 price objective on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, BidaskClub upgraded shares of Adtalem Global Education from a hold rating to a buy rating in a report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of $50.33.

Adtalem Global Education (ATGE) opened at $45.35 on Wednesday. Adtalem Global Education has a twelve month low of $30.15 and a twelve month high of $47.15. The company has a current ratio of 1.58, a quick ratio of 1.20 and a debt-to-equity ratio of 0.11. The stock has a market cap of $2,703.42, a PE ratio of 17.66, a PEG ratio of 1.84 and a beta of 1.01.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Tuesday, February 6th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.01. Adtalem Global Education had a net margin of 0.86% and a return on equity of 9.92%. The company had revenue of $337.24 million for the quarter, compared to the consensus estimate of $435.56 million. During the same quarter in the previous year, the firm posted $0.64 EPS. The business’s revenue was up 1.0% compared to the same quarter last year. equities research analysts forecast that Adtalem Global Education will post 2.79 earnings per share for the current year.

In other news, insider Ronald L. Taylor sold 100,000 shares of Adtalem Global Education stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $45.33, for a total transaction of $4,533,000.00. Following the sale, the insider now directly owns 643,620 shares in the company, valued at approximately $29,175,294.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Donna Jennings sold 4,582 shares of Adtalem Global Education stock in a transaction dated Thursday, December 14th. The shares were 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 disclosure for this sale can be found here. 3.04% of the stock is currently owned by insiders.

Institutional investors have recently modified their holdings of the company. Suntrust Banks Inc. acquired a new stake in shares of Adtalem Global Education during the 4th quarter valued at about $207,000. Tower Research Capital LLC TRC acquired a new stake in shares of Adtalem Global Education during the 2nd quarter valued at about $223,000. Shelton Capital Management acquired a new stake in shares of Adtalem Global Education during the 2nd quarter valued at about $224,000. Virtu KCG Holdings LLC acquired a new stake in shares of Adtalem Global Education during the 2nd quarter valued at about $333,000. Finally, Citadel Advisors LLC acquired a new stake in shares of Adtalem Global Education during the 2nd quarter valued at about $344,000.

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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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