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

Adtalem Global Education (NYSE:ATGE) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $5.75-5.95 for the period, compared to the consensus estimate of $5.75. The company issued revenue guidance of $1.69-1.73 billion, compared to the consensus revenue estimate of $1.68 billion. Adtalem Global Education also updated its FY 2025 guidance to 5.750-5.950 EPS.

Adtalem Global Education Price Performance

Shares of NYSE:ATGE traded down $1.20 during trading on Thursday, reaching $80.92. The stock had a trading volume of 525,668 shares, compared to its average volume of 469,046. The stock has a market capitalization of $3.04 billion, a PE ratio of 30.42, a P/E/G ratio of 0.84 and a beta of 0.95. Adtalem Global Education has a 52 week low of $43.78 and a 52 week high of $85.26. The business’s 50-day moving average price is $74.05 and its 200 day moving average price is $68.74. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.86 and a quick ratio of 0.86.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.12 by $0.17. The company had revenue of $417.40 million for the quarter, compared to analysts’ expectations of $397.48 million. Adtalem Global Education had a return on equity of 14.84% and a net margin of 8.63%. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.93 earnings per share. As a group, equities analysts predict that Adtalem Global Education will post 5.72 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ATGE shares. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Thursday. BMO Capital Markets boosted their target price on Adtalem Global Education from $84.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Barrington Research raised their price target on Adtalem Global Education from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Wednesday.

Insider Activity

In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.10, for a total transaction of $525,753.20. Following the transaction, the director now owns 105,085 shares in the company, valued at approximately $7,576,628.50. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Lisa W. Wardell sold 67,330 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $71.51, for a total value of $4,814,768.30. Following the completion of the sale, the director now owns 94,804 shares in the company, valued at $6,779,434.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Lisa W. Wardell sold 7,292 shares of Adtalem Global Education stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the transaction, the director now owns 105,085 shares in the company, valued at approximately $7,576,628.50. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 148,440 shares of company stock valued at $10,889,450 in the last 90 days. 2.20% of the stock is owned by company insiders.

Adtalem Global Education Company Profile

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.