Adtalem Global Education Inc. (NYSE:ATGE) Receives $156.50 Consensus Target Price from Brokerages

Shares of Adtalem Global Education Inc. (NYSE:ATGE) have been assigned an average rating of “Moderate Buy” from the five analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $156.50.

Several equities analysts have recently issued reports on ATGE shares. Robert W. Baird set a $163.00 price objective on Adtalem Global Education in a research report on Friday, October 31st. Barrington Research reiterated an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research report on Friday, October 31st. Weiss Ratings cut Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Wall Street Zen cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $158.00 target price on shares of Adtalem Global Education in a research report on Friday, October 31st.

Adtalem Global Education Stock Down 0.6%

Adtalem Global Education stock opened at $116.74 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.98 and a current ratio of 0.98. Adtalem Global Education has a one year low of $86.26 and a one year high of $156.26. The company has a 50-day simple moving average of $100.48 and a 200-day simple moving average of $120.24. The firm has a market capitalization of $4.24 billion, a P/E ratio of 17.48, a P/E/G ratio of 0.99 and a beta of 0.68.

Adtalem Global Education (NYSE:ATGE) last posted its earnings results on Thursday, October 30th. The company reported $1.75 earnings per share (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 firm had revenue of $462.29 million during the quarter, compared to analyst estimates of $452.30 million. During the same period in the previous year, the business posted $1.29 EPS. Adtalem Global Education’s revenue 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. As a group, equities analysts expect that Adtalem Global Education will post 6.2 earnings per share for the current year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Adtalem Global Education

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

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.