Adtalem Global Education Inc’s stock (ATGE) continues to rise above its goal

At the time of writing, Adtalem Global Education Inc [ATGE] stock is trading at $90.37, up 1.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATGE shares have gain 11.68% over the last week, with a monthly amount glided 23.56%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Adtalem Global Education Inc [NYSE: ATGE] stock has seen the most recent analyst activity on October 27, 2023, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $55 from $47. Previously, BMO Capital Markets upgraded its rating to Outperform on July 07, 2023, and kept the price target unchanged to $44. Sidoti started tracking the stock assigning a Buy rating.

For the past year, the stock price of Adtalem Global Education Inc fluctuated between $43.78 and $88.99. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Adtalem Global Education Inc [NYSE: ATGE] shares were valued at $90.37 at the most recent close of the market. An investor can expect a potential drop of -31.39% based on the average ATGE price forecast.

Analyzing the ATGE fundamentals

According to Adtalem Global Education Inc [NYSE:ATGE], the company’s sales were 1.63B for trailing twelve months, which represents an 13.16% jump. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 87.77 points at the first support level, and at 85.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.91, and for the 2nd resistance point, it is at 93.46.

Ratios To Look Out For

It is important to note that Adtalem Global Education Inc [NYSE:ATGE] has a current ratio of 0.94. In addition, the Quick Ratio stands at 0.94 and the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 2.45 and price to earnings (TTM) ratio is 20.69.

Transactions by insiders

Recent insider trading involved WARDELL LISA W, Director, that happened on Sep 13 ’24 when 67976.0 shares were sold. Director, WARDELL LISA W completed a deal on Sep 12 ’24 to sell 7292.0 shares. Meanwhile, SVP – Chief Marketing Officer Herrera Maurice sold 8165.0 shares on Sep 11 ’24.

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