Media stories about Adtalem Global Education (NASDAQ:ATGE) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Adtalem Global Education earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.3650549945505 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Adtalem Global Education (NASDAQ ATGE) opened at 35.70 on Wednesday. The stock has a market cap of $2.22 billion and a P/E ratio of 18.69. Adtalem Global Education has a 52 week low of $21.97 and a 52 week high of $40.70. The company has a 50-day moving average of $37.74 and a 200-day moving average of $34.81.
Adtalem Global Education (NASDAQ:ATGE) last released its quarterly earnings results on Thursday, August 17th. The company reported $0.78 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.09. The firm had revenue of $451.50 million during the quarter, compared to analysts’ expectations of $452.77 million. Adtalem Global Education had a return on equity of 10.35% and a net margin of 9.76%. Adtalem Global Education’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.65 EPS. On average, analysts predict that Adtalem Global Education will post $2.88 EPS for the current fiscal year.
A number of research analysts recently issued reports on the stock. BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 price target (down previously from $40.00) on shares of Adtalem Global Education in a research note on Monday, August 21st. Zacks Investment Research upgraded shares of Adtalem Global Education from a “sell” rating to a “hold” rating in a research note on Friday, July 7th.
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In other news, insider Susan Groenwald sold 5,887 shares of the stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $33.80, for a total transaction of $198,980.60. Following the completion of the transaction, the insider now directly owns 30,582 shares in the company, valued at approximately $1,033,671.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Eric P. Dirst sold 3,114 shares of the stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $34.06, for a total value of $106,062.84. Following the transaction, the insider now owns 14,800 shares of the company’s stock, valued at $504,088. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,328 shares of company stock valued at $384,138.
Adtalem Global Education Company Profile
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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