Adtalem Global Education Inc. (NYSE:ATGE – Get Free Report) has earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $151.50.
A number of analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Barrington Research reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Adtalem Global Education in a research note on Thursday, January 29th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $138.00 price target on shares of Adtalem Global Education in a report on Friday, January 30th.
Check Out Our Latest Stock Analysis on ATGE
Adtalem Global Education Stock Performance
Adtalem Global Education (NYSE:ATGE – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The company reported $2.43 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.24. The business had revenue of $503.39 million for the quarter, compared to analyst estimates of $488.72 million. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.81 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Analysts expect that Adtalem Global Education will post 6.2 earnings per share for the current fiscal year.
Institutional Trading of Adtalem Global Education
A number of large investors have recently modified their holdings of ATGE. Lingohr Asset Management GmbH purchased a new stake in shares of Adtalem Global Education during the third quarter worth about $4,788,000. Renaissance Group LLC purchased a new position in shares of Adtalem Global Education in the 3rd quarter worth $9,156,000. AlphaQuest LLC raised its holdings in shares of Adtalem Global Education by 221.0% in the 3rd quarter. AlphaQuest LLC now owns 8,564 shares of the company’s stock worth $1,323,000 after purchasing an additional 5,896 shares during the period. SteelPeak Wealth LLC acquired a new position in Adtalem Global Education during the third quarter valued at approximately $2,055,000. Finally, Peregrine Asset Advisers Inc. lifted its holdings in shares of Adtalem Global Education by 21.2% during the 3rd quarter. Peregrine Asset Advisers Inc. now owns 69,012 shares of the company’s stock valued at $10,659,000 after acquiring an additional 12,058 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.
Adtalem Global Education Company Profile
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.
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