BMO Capital Markets Cuts Adtalem Global Education (NYSE:CVSA) Price Target to $145.00

Adtalem Global Education (NYSE:CVSA) had its price objective trimmed by BMO Capital Markets from $148.00 to $145.00 in a research note released on Monday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other equities analysts have also recently commented on the company. Barrington Research reaffirmed an “outperform” rating and issued a $170.00 price target on shares of Adtalem Global Education in a research note on Monday, June 8th. Wall Street Zen raised Adtalem Global Education from a “hold” rating to a “buy” rating in a research note on Sunday, September 27th. Truist Financial cut shares of Adtalem Global Education from a “buy” rating to a “hold” rating and set a $140.00 target price on the stock. in a report on Thursday, September 3rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Adtalem Global Education in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Adtalem Global Education presently has a consensus rating of “Hold” and a consensus target price of $151.67.

Adtalem Global Education Stock Down 0.1%

CVSA opened at $127.20 on Monday. The company has a market cap of $4.31 billion, a P/E ratio of 18.07, a P/E/G ratio of 0.94 and a beta of 0.65. The business’s 50-day moving average price is $128.30 and its 200-day moving average price is $123.52. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.45. Adtalem Global Education has a 12 month low of $86.97 and a 12 month high of $156.26.

Adtalem Global Education (NYSE:CVSA) last released its earnings results on Thursday, August 6th. The company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.19. The company had revenue of $501.38 million during the quarter. Adtalem Global Education had a return on equity of 20.88% and a net margin of 12.87%.Adtalem Global Education has set its FY 2027 guidance at 8.900-9.150 EPS. On average, equities analysts expect that Adtalem Global Education will post 9 EPS for the current year.

Insiders Place Their Bets

In other Adtalem Global Education news, CEO Stephen W. Beard sold 3,545 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $130.34, for a total value of $462,055.30. Following the completion of the sale, the chief executive officer owned 415,197 shares in the company, valued at approximately $54,116,776.98. This trade represents a 0.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Douglas G. Beck sold 4,526 shares of Adtalem Global Education stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $135.81, for a total value of $614,676.06. Following the completion of the sale, the senior vice president owned 28,544 shares in the company, valued at approximately $3,876,560.64. This represents a 13.69% decrease in their ownership of the stock. 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. Insiders have sold 12,059 shares of company stock worth $1,619,368 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Adtalem Global Education

An institutional investor recently bought a new position in Adtalem Global Education stock. Kendall Capital Management purchased a new position in Adtalem Global Education Inc. (NYSE:CVSA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,622 shares of the company’s stock, valued at approximately $1,449,000. Institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Company Profile

Adtalem Global Education is an education services company that provides professional, postsecondary and healthcare-focused education through institutions and brands serving students and working professionals. Its offerings include degree programs, career training, certification preparation and continuing education.

The company’s academic institutions include Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, Ross University School of Veterinary Medicine and the Medical University of the Americas.