The stock of Adtalem Global Education Inc (ATGE) has gone up by 3.92% for the week, with a 3.52% rise in the past month and a 29.54% rise in the past quarter. The volatility ratio for the week is 3.32%, and the volatility levels for the past 30 days are 3.14% for ATGE. The simple moving average for the past 20 days is 4.14% for ATGE’s stock, with a 30.72% simple moving average for the past 200 days.
Is It Worth Investing in Adtalem Global Education Inc (NYSE: ATGE) Right Now?
The price-to-earnings ratio for Adtalem Global Education Inc (NYSE: ATGE) is 21.61x, which is above its average ratio. Moreover, the 36-month beta value for ATGE is 0.96. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ATGE is 36.58M and currently, short sellers hold a 3.73% of that float. On January 09, 2025, ATGE’s average trading volume was 385.37K shares.
ATGE) stock’s latest price update
The stock of Adtalem Global Education Inc (NYSE: ATGE) has increased by 0.93 when compared to last closing price of 93.54. Despite this, the company has experienced a 3.92% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-06 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Analysts’ Opinion of ATGE
Many brokerage firms have already submitted their reports for ATGE stocks, with Robert W. Baird repeating the rating for ATGE by listing it as a “Outperform.” The predicted price for ATGE in the upcoming period, according to Robert W. Baird is $55 based on the research report published on October 27, 2023 of the previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see ATGE reach a price target of $44. The rating they have provided for ATGE stocks is “Outperform” according to the report published on July 07th, 2023.
BMO Capital Markets gave a rating of “Market Perform” to ATGE, setting the target price at $40 in the report published on August 23rd of the previous year.
ATGE Trading at 6.56% from the 50-Day Moving Average
After a stumble in the market that brought ATGE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.04% of loss for the given period.
Volatility was left at 3.14%, however, over the last 30 days, the volatility rate increased by 3.32%, as shares surge +7.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.96% upper at present.
During the last 5 trading sessions, ATGE rose by +3.92%, which changed the moving average for the period of 200-days by +86.18% in comparison to the 20-day moving average, which settled at $90.66. In addition, Adtalem Global Education Inc saw 3.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATGE starting from MAYUR GUPTA, who proposed sale 1,100 shares at the price of $88.42 back on Dec 23 ’24. After this action, MAYUR GUPTA now owns shares of Adtalem Global Education Inc, valued at $97,262 using the latest closing price.
BURKE WILLIAM W, the Director of Adtalem Global Education Inc, sale 4,000 shares at $90.39 during a trade that took place back on Nov 29 ’24, which means that BURKE WILLIAM W is holding 11,659 shares at $361,550 based on the most recent closing price.
Stock Fundamentals for ATGE
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.57 for the gross margin
The net margin for Adtalem Global Education Inc stands at 0.11. The total capital return value is set at 0.12. Equity return is now at value 12.42, with 6.13 for asset returns.
Based on Adtalem Global Education Inc (ATGE), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.49. The interest coverage ratio of the stock is 5.21.
Currently, EBITDA for the company is 335.56 million with net debt to EBITDA at 1.5. When we switch over and look at the enterprise to sales, we see a ratio of 2.52. The receivables turnover for the company is 9.52for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
To wrap up, the performance of Adtalem Global Education Inc (ATGE) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.