Adtalem Global Education Inc (NYSE:ATGE) SVP Donna Jennings sold 4,582 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, December 14th. The stock was 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 directly owns 16,794 shares in the company, valued at approximately $755,730. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Shares of Adtalem Global Education Inc (NYSE ATGE) traded down $0.40 during trading on Friday, hitting $44.85. The stock had a trading volume of 841,300 shares, compared to its average volume of 626,328. The stock has a market cap of $2,745.09, a PE ratio of 17.20, a price-to-earnings-growth ratio of 1.93 and a beta of 0.99. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.08. Adtalem Global Education Inc has a 12-month low of $30.10 and a 12-month high of $45.47.
Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). The company had revenue of $421.03 million during the quarter, compared to analysts’ expectations of $428.00 million. Adtalem Global Education had a return on equity of 10.24% and a net margin of 6.17%. Adtalem Global Education’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.45 EPS. equities analysts expect that Adtalem Global Education Inc will post 2.84 EPS for the current year.
A number of brokerages have recently commented on ATGE. BidaskClub upgraded Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. BMO Capital Markets lifted their target price on Adtalem Global Education from $35.00 to $38.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Zacks Investment Research cut Adtalem Global Education from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Piper Jaffray Companies reiterated a “buy” rating and issued a $59.00 target price on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, ValuEngine cut Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $48.50.
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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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