Adtalem Global Education (NYSE:ATGE) Releases FY25 Earnings Guidance

Adtalem Global Education (NYSE:ATGEGet Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $5.60-5.85 for the period, compared to the consensus earnings per share estimate of $5.65. The company issued revenue guidance of $1.66-1.70 billion, compared to the consensus revenue estimate of $1.66 billion. Adtalem Global Education also updated its FY 2025 guidance to 5.600-5.850 EPS.

Adtalem Global Education Price Performance

Shares of ATGE traded up $0.20 during trading hours on Friday, reaching $71.71. The stock had a trading volume of 84,623 shares, compared to its average volume of 507,843. Adtalem Global Education has a 12 month low of $41.79 and a 12 month high of $80.18. The company’s 50-day moving average is $70.03 and its two-hundred day moving average is $58.94. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $2.70 billion, a PE ratio of 26.88, a PEG ratio of 0.90 and a beta of 0.97.

Adtalem Global Education (NYSE:ATGEGet Free Report) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09. The company had revenue of $409.91 million for the quarter, compared to analysts’ expectations of $398.64 million. Adtalem Global Education had a return on equity of 14.06% and a net margin of 7.12%. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.03 earnings per share. Research analysts expect that Adtalem Global Education will post 4.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on ATGE shares. Robert W. Baird upped their price target on shares of Adtalem Global Education from $65.00 to $70.00 and gave the company an outperform rating in a research report on Friday, May 3rd. BMO Capital Markets lifted their price target on shares of Adtalem Global Education from $76.00 to $84.00 and gave the company an outperform rating in a research report on Thursday. StockNews.com upgraded shares of Adtalem Global Education from a buy rating to a strong-buy rating in a report on Thursday. Finally, Barrington Research reissued an outperform rating and issued a $90.00 price target on shares of Adtalem Global Education in a research report on Wednesday.

Get Our Latest Report on ATGE

Insider Activity

In other Adtalem Global Education news, CAO Manjunath Gangadharan sold 946 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $65.75, for a total value of $62,199.50. Following the sale, the chief accounting officer now directly owns 6,040 shares in the company, valued at $397,130. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.20% of the company’s stock.

Adtalem Global Education Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Adtalem Global Education (NYSE:ATGE)

Receive News & Ratings for Adtalem Global Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education and related companies with MarketBeat.com's FREE daily email newsletter.