Adtalem Global Education (NYSE:CVSA) Rating Lowered to Hold at Wall Street Zen

Adtalem Global Education (NYSE:CVSA) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other brokerages have also issued reports on CVSA. Weiss Ratings restated a “hold (c+)” rating on shares of Adtalem Global Education in a research note on Friday, May 22nd. Truist Financial boosted their price target on Adtalem Global Education from $130.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Finally, Barrington Research reissued an “outperform” rating and issued a $170.00 price objective on shares of Adtalem Global Education in a report on Monday, June 8th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $155.00.

Adtalem Global Education Trading Down 0.2%

Shares of Adtalem Global Education stock opened at $115.58 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.70 and a quick ratio of 0.70. Adtalem Global Education has a 12-month low of $86.97 and a 12-month high of $156.26. The firm has a market cap of $3.93 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 0.87 and a beta of 0.62. The company’s 50 day moving average is $123.80.

Adtalem Global Education (NYSE:CVSA) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.25. Adtalem Global Education had a net margin of 12.26% and a return on equity of 20.19%. The business had revenue of $487.03 million during the quarter. During the same period in the prior year, the business posted $1.92 EPS. The company’s quarterly revenue was up 4.5% on a year-over-year basis. Adtalem Global Education has set its FY 2026 guidance at 7.950-8.150 EPS. On average, sell-side analysts predict that Adtalem Global Education will post 8.04 EPS for the current fiscal year.

Insider Buying and Selling at Adtalem Global Education

In other news, SVP Douglas G. Beck sold 2,439 shares of the company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $135.34, for a total value of $330,094.26. Following the sale, the senior vice president directly owned 33,070 shares of the company’s stock, valued at $4,475,693.80. This represents a 6.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Robert J. Phelan sold 2,414 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $135.39, for a total transaction of $326,831.46. Following the completion of the sale, the chief financial officer owned 50,492 shares in the company, valued at $6,836,111.88. The trade was a 4.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 53,183 shares of company stock valued at $6,914,570. 2.50% of the stock is currently owned by insiders.

About Adtalem Global Education

Adtalem Global Education (NYSE: CVSA) is a provider of higher education and workforce solutions focused primarily on programs that prepare students for professional careers in healthcare, medicine, veterinary medicine and related fields. The company operates campus-based and online degree programs, continuing professional education, clinical training and exam-preparation offerings designed to support students seeking licensure and employment in regulated professions.

Adtalem’s portfolio includes institution brands that deliver undergraduate, graduate and professional training across nursing, medicine, veterinary medicine and allied health disciplines.