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

Adtalem Global Education (NYSE:ATGE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 6.100-6.300 for the period, compared to the consensus estimate of 5.890. The company issued revenue guidance of $1.7 billion-$1.8 billion, compared to the consensus revenue estimate of $1.7 billion.

Adtalem Global Education Stock Up 2.8 %

NYSE:ATGE traded up $2.80 during midday trading on Thursday, reaching $102.66. 764,471 shares of the stock traded hands, compared to its average volume of 369,902. The stock has a market capitalization of $3.85 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.13 and a beta of 0.96. Adtalem Global Education has a 12-month low of $45.16 and a 12-month high of $103.15. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 0.94. The business has a 50-day moving average of $92.72 and a two-hundred day moving average of $82.08.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.17. Adtalem Global Education had a return on equity of 15.63% and a net margin of 10.55%. The company had revenue of $417.40 million for the quarter, compared to analyst estimates of $397.48 million. During the same period in the prior year, the company posted $0.93 EPS. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. On average, equities analysts forecast that Adtalem Global Education will post 5.89 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Barrington Research raised their price target on shares of Adtalem Global Education from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. StockNews.com cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 31st. Finally, BMO Capital Markets increased their price objective on Adtalem Global Education from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th.

Insider Transactions at Adtalem Global Education

In other news, Director William W. Burke sold 4,000 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $90.39, for a total transaction of $361,560.00. Following the sale, the director now owns 11,659 shares of the company’s stock, valued at approximately $1,053,857.01. This represents a 25.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.00% of the company’s stock.

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.