Adtalem Global Education (ATGE) to Release Quarterly Earnings on Thursday

Adtalem Global Education (NYSE:ATGE) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Adtalem Global Education to post earnings of $1.14 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE) last issued its earnings results on Wednesday, January 31st. The company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. The business had revenue of $393.24 million for the quarter, compared to analyst estimates of $372.79 million. Adtalem Global Education had a net margin of 7.93% and a return on equity of 13.05%. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period last year, the company posted $1.17 earnings per share. On average, analysts expect Adtalem Global Education to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Adtalem Global Education Stock Down 0.9 %

Shares of ATGE stock traded down $0.43 during mid-day trading on Tuesday, hitting $49.49. The stock had a trading volume of 29,320 shares, compared to its average volume of 507,251. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $1.94 billion, a P/E ratio of 18.29, a price-to-earnings-growth ratio of 0.72 and a beta of 0.92. The firm’s 50-day moving average is $48.75 and its two-hundred day moving average is $52.78. Adtalem Global Education has a 12-month low of $33.59 and a 12-month high of $62.99.

Analyst Ratings Changes

Several research firms have recently issued reports on ATGE. Barrington Research restated an “outperform” rating and set a $65.00 price objective on shares of Adtalem Global Education in a report on Tuesday, April 23rd. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, February 7th. Four research analysts have rated the stock with a buy rating, According to data from MarketBeat, Adtalem Global Education presently has a consensus rating of “Buy” and a consensus price target of $56.67.

About Adtalem Global Education

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.