The growth track for Adtalem Global Education Inc (ATGE) has changed recently

With 0.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.39 million shares. During the session, the Education & Training Services company that operates in wider Consumer Defensive sector, reached to the highest price of $94.58 whereas the lowest price it dropped to was $92.096. The 52-week range on ATGE shows that it touched its highest point at $97.37 and its lowest point at $43.78 during that stretch. It currently has a 1-year price target of $99.00. Beta for the stock currently stands at 0.96.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATGE was up-trending over the past week, with a rise of 3.92%, but this was up by 3.52% over a month. Three-month performance surged to 29.54% while six-month performance rose 39.54%. The stock gained 64.39% in the past year, while it has gained 3.92% so far this year. A look at the trailing 12-month EPS for ATGE yields 4.37 with Next year EPS estimates of 6.84. For the next quarter, that number is 1.37. This implies an EPS growth rate of 17.56% for this year and 16.19% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.35%.

Float and Shares Shorts:

At present, 37.72 million ATGE shares are outstanding with a float of 36.58 million shares on hand for trading. On 2024-12-13, short shares totaled 1.37 million, which was 364.0 higher than short shares on 1731628800. In addition to Mr. Robert J. Phelan CPA as the firm’s Senior VP & CFO, Mr. Douglas G. Beck J.D. serves as its Senior VP of Institutional Support Services, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 1.02117 of ATGE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ATGE reported revenue of $417400000.0 and operating income of $72332000.0. The EBITDA in the recently reported quarter was $91789000.0 and diluted EPS was $1.18.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATGE since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ATGE analysts setting a high price target of 102.0 and a low target of 100.0, the average target price over the next 12 months is 101.0. Based on these targets, ATGE could surge 8.04% to reach the target high and rise by 5.92% to reach the target low. Reaching the average price target will result in a growth of 6.98% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.96354 being high and $4.88917 being low. For ATGE, this leads to a yearly average estimate of $4.9295.