Adtalem Global Education Inc. (NYSE:ATGE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Adtalem Global Education Inc. (NYSE:ATGE) has been given a consensus recommendation of “Moderate Buy” by the five analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $156.50.

A number of analysts have recently commented on ATGE shares. Wall Street Zen downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. BMO Capital Markets reaffirmed an “outperform” rating and set a $158.00 target price on shares of Adtalem Global Education in a research note on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Adtalem Global Education in a research report on Monday, December 29th. Barrington Research reissued an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a report on Friday, October 31st. Finally, Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a research report on Friday, October 31st.

Insider Buying and Selling

In other Adtalem Global Education news, Director Kenneth J. Phelan purchased 508 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were purchased at an average price of $98.29 per share, for a total transaction of $49,931.32. Following the completion of the transaction, the director owned 18,783 shares in the company, valued at $1,846,181.07. This represents a 2.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael W. Malafronte acquired 1,000 shares of Adtalem Global Education stock in a transaction dated Tuesday, November 4th. The shares were bought at an average cost of $91.85 per share, with a total value of $91,850.00. Following the completion of the purchase, the director owned 100,445 shares in the company, valued at approximately $9,225,873.25. This represents a 1.01% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On Adtalem Global Education

Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in Adtalem Global Education by 30.5% during the 1st quarter. Royal Bank of Canada now owns 11,589 shares of the company’s stock worth $1,166,000 after buying an additional 2,706 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Adtalem Global Education by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,313 shares of the company’s stock worth $2,246,000 after acquiring an additional 974 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Adtalem Global Education by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 699,027 shares of the company’s stock worth $70,350,000 after acquiring an additional 387,330 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in shares of Adtalem Global Education during the first quarter valued at approximately $232,000. Finally, United Services Automobile Association purchased a new stake in shares of Adtalem Global Education in the 1st quarter valued at approximately $248,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Adtalem Global Education Stock Up 0.4%

ATGE stock opened at $113.58 on Friday. The firm’s 50-day moving average is $98.40 and its two-hundred day moving average is $120.58. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 0.97 and a beta of 0.68. Adtalem Global Education has a 52 week low of $86.26 and a 52 week high of $156.26. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.38.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.75 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. Adtalem Global Education had a net margin of 13.79% and a return on equity of 18.74%. The business had revenue of $462.29 million for the quarter, compared to analyst estimates of $452.30 million. During the same quarter last year, the business earned $1.29 earnings per share. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.600-7.90 EPS. On average, analysts forecast that Adtalem Global Education will post 6.2 earnings per share for the current fiscal year.

About Adtalem Global Education

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.