DeVry Education Group (NYSE:ATGE)‘s stock had its “buy” rating reiterated by equities research analysts at Piper Jaffray Companies in a research note issued on Monday. They presently have a $59.00 price objective on the stock. Piper Jaffray Companies’ price objective indicates a potential upside of 46.77% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. ValuEngine cut DeVry Education Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 target price (down previously from $40.00) on shares of DeVry Education Group in a report on Monday, August 21st. Zacks Investment Research cut DeVry Education Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, BidaskClub upgraded DeVry Education Group from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. DeVry Education Group has an average rating of “Buy” and a consensus price target of $44.67.

Shares of DeVry Education Group (NYSE:ATGE) opened at $40.20 on Monday. The company has a market capitalization of $2,438.73, a price-to-earnings ratio of 15.28, a PEG ratio of 1.72 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. DeVry Education Group has a 1 year low of $29.35 and a 1 year high of $41.70.

DeVry Education Group (NYSE:ATGE) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). The business had revenue of $421.03 million during the quarter, compared to analysts’ expectations of $428.00 million. DeVry Education Group had a net margin of 6.17% and a return on equity of 10.24%. DeVry Education Group’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. analysts expect that DeVry Education Group will post 2.84 EPS for the current year.

In related news, insider Carlos Filgueiras sold 2,325 shares of DeVry Education Group stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total value of $85,839.00. Following the transaction, the insider now owns 11,832 shares in the company, valued at $436,837.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.04% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC acquired a new position in shares of DeVry Education Group during the second quarter worth about $174,000. GHP Investment Advisors Inc. acquired a new position in shares of DeVry Education Group during the second quarter worth about $202,000. Tower Research Capital LLC TRC acquired a new position in shares of DeVry Education Group during the second quarter worth about $223,000. Shelton Capital Management acquired a new position in shares of DeVry Education Group during the second quarter worth about $224,000. Finally, Capstone Investment Advisors Netherlands B.V. acquired a new position in shares of DeVry Education Group during the second quarter worth about $243,000.

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DeVry Education Group 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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