Headlines about Adtalem Global Education (NYSE:ATGE) have been trending positive on Sunday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Adtalem Global Education earned a news impact score of 0.27 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 44.277951545377 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
ATGE has been the subject of a number of research reports. BidaskClub upgraded shares of Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. BMO Capital Markets raised their price objective on shares of Adtalem Global Education from $35.00 to $38.00 and gave the stock a “market perform” rating in a research note on Friday, November 3rd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Adtalem Global Education in a research note on Monday, December 4th. Zacks Investment Research lowered shares of Adtalem Global Education from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Adtalem Global Education in a research note on Thursday, December 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $48.50.
Adtalem Global Education (NYSE ATGE) opened at $44.10 on Friday. Adtalem Global Education has a 52 week low of $30.15 and a 52 week high of $46.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $2,680.00, a P/E ratio of 25.64, a P/E/G ratio of 1.88 and a beta of 0.98.
Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.16). Adtalem Global Education had a return on equity of 10.24% and a net margin of 6.17%. The firm had revenue of $421.03 million during the quarter, compared to analyst estimates of $428.00 million. During the same period in the prior year, the business posted $0.45 EPS. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. analysts forecast that Adtalem Global Education will post 2.84 earnings per share for the current fiscal year.
In other Adtalem Global Education news, SVP Donna Jennings sold 4,582 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $45.00, for a total value of $206,190.00. Following the completion of the sale, the senior vice president now owns 16,794 shares in the company, valued at approximately $755,730. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Carlos Filgueiras sold 2,325 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total transaction of $85,839.00. Following the completion of the sale, the insider now owns 11,832 shares of the company’s stock, valued at approximately $436,837.44. The disclosure for this sale can be found here. Company insiders own 3.04% of the company’s stock.
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About Adtalem Global Education
Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.
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