Shares of Adtalem Global Education Inc. (NYSE:ATGE – Get Free Report) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $156.50.
ATGE has been the topic of several research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $158.00 price objective on shares of Adtalem Global Education in a research report on Friday, October 31st. Robert W. Baird set a $163.00 target price on shares of Adtalem Global Education in a research note on Friday, October 31st. Wall Street Zen cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Adtalem Global Education in a research note on Monday. Finally, Barrington Research reiterated an “outperform” rating and set a $170.00 price objective on shares of Adtalem Global Education in a report on Friday, October 31st.
Check Out Our Latest Stock Analysis on Adtalem Global Education
Adtalem Global Education Stock Performance
Adtalem Global Education (NYSE:ATGE – Get Free Report) last announced its earnings results on Thursday, October 30th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.18. Adtalem Global Education had a return on equity of 18.74% and a net margin of 13.79%.The business had revenue of $462.29 million during the quarter, compared to analyst estimates of $452.30 million. During the same quarter in the previous year, the business earned $1.29 earnings per share. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. Research analysts forecast that Adtalem Global Education will post 6.2 EPS for the current year.
Insider Activity at Adtalem Global Education
In other news, Director Kenneth J. Phelan bought 508 shares of the firm’s stock in a transaction on Wednesday, November 5th. The stock was acquired at an average cost of $98.29 per share, with a total value of $49,931.32. Following the transaction, the director directly owned 18,783 shares in the company, valued at approximately $1,846,181.07. This trade represents a 2.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael W. Malafronte bought 1,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was purchased at an average price of $91.85 per share, with a total value of $91,850.00. Following the completion of the acquisition, the director directly owned 100,445 shares in the company, valued at approximately $9,225,873.25. This trade represents a 1.01% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 2.50% of the company’s stock.
Institutional Trading of Adtalem Global Education
Several institutional investors and hedge funds have recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in Adtalem Global Education in the third quarter worth about $28,000. Sachetta LLC purchased a new stake in shares of Adtalem Global Education in the 2nd quarter worth approximately $25,000. Penserra Capital Management LLC bought a new position in shares of Adtalem Global Education during the second quarter valued at approximately $28,000. UMB Bank n.a. boosted its stake in shares of Adtalem Global Education by 79.7% during the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after purchasing an additional 118 shares in the last quarter. Finally, Employees Retirement System of Texas purchased a new position in Adtalem Global Education during the third quarter valued at approximately $48,000. 98.84% of the stock is currently owned by institutional investors.
Adtalem Global Education Company Profile
Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.
The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.
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