Zacks Research Equities Analysts Reduce Earnings Estimates for Adtalem Global Education Inc. (NYSE:ATGE)

Adtalem Global Education Inc. (NYSE:ATGE) – Research analysts at Zacks Research reduced their Q1 2025 EPS estimates for Adtalem Global Education in a research note issued to investors on Tuesday, April 16th. Zacks Research analyst S. Mukherjee now expects that the company will post earnings of $1.05 per share for the quarter, down from their prior estimate of $1.06. The consensus estimate for Adtalem Global Education’s current full-year earnings is $4.64 per share.

ATGE has been the subject of several other reports. Barrington Research upped their target price on shares of Adtalem Global Education from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday, January 19th. StockNews.com cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 7th. Four research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $56.67.

Adtalem Global Education Price Performance

NYSE:ATGE opened at $45.99 on Wednesday. The stock has a market cap of $1.80 billion, a P/E ratio of 16.85, a PEG ratio of 0.66 and a beta of 0.92. Adtalem Global Education has a one year low of $33.59 and a one year high of $62.99. The company has a fifty day moving average price of $49.01 and a 200 day moving average price of $52.53. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95.

Adtalem Global Education (NYSE:ATGE) last released its earnings results on Wednesday, January 31st. The company reported $1.23 EPS for the quarter, beating the consensus estimate of $1.00 by $0.23. The firm had revenue of $393.24 million during the quarter, compared to analysts’ expectations of $372.79 million. Adtalem Global Education had a net margin of 7.93% and a return on equity of 13.05%. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.17 EPS.

Institutional Investors Weigh In On Adtalem Global Education

Several institutional investors and hedge funds have recently bought and sold shares of ATGE. JPMorgan Chase & Co. increased its holdings in Adtalem Global Education by 118.4% in the 1st quarter. JPMorgan Chase & Co. now owns 180,864 shares of the company’s stock valued at $5,374,000 after buying an additional 98,052 shares during the period. US Bancorp DE grew its holdings in shares of Adtalem Global Education by 76.7% in the 1st quarter. US Bancorp DE now owns 1,786 shares of the company’s stock worth $53,000 after purchasing an additional 775 shares during the last quarter. Citigroup Inc. grew its holdings in shares of Adtalem Global Education by 70.1% in the 1st quarter. Citigroup Inc. now owns 109,708 shares of the company’s stock worth $3,259,000 after purchasing an additional 45,214 shares during the last quarter. MetLife Investment Management LLC grew its holdings in shares of Adtalem Global Education by 56.2% in the 1st quarter. MetLife Investment Management LLC now owns 25,935 shares of the company’s stock worth $771,000 after purchasing an additional 9,329 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Adtalem Global Education by 0.7% in the 1st quarter. Rhumbline Advisers now owns 146,712 shares of the company’s stock worth $4,359,000 after purchasing an additional 1,018 shares during the last quarter. Institutional investors own 98.84% of the company’s stock.

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.