Adtalem Global Education Inc [ATGE] stock prices are up 2.83% to $88.41 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ATGE shares have lost -1.11% over the last week, with a monthly amount glided 0.73%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Adtalem Global Education Inc [ATGE] has been fluctuating between $43.78 and $92.93 over the past year. Currently, Wall Street analysts expect the stock to reach $89.67 within the next 12 months. Adtalem Global Education Inc [NYSE: ATGE] shares were valued at $88.41 at the most recent close of the market. An investor can expect a potential return of 1.43% based on the average ATGE price forecast.
Analyzing the ATGE fundamentals
The Adtalem Global Education Inc [NYSE:ATGE] reported sales of 1.63B for trailing twelve months, representing a surge of 13.16%. Gross Profit Margin for this corporation currently stands at 0.57% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
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 86.65 points at the first support level, and at 84.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.64, and for the 2nd resistance point, it is at 90.86.
Ratios To Look Out For
It’s worth pointing out that Adtalem Global Education Inc [NYSE:ATGE]’s Current Ratio is 0.94. On the other hand, the Quick Ratio is 0.94, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 2.40 and price to earnings (TTM) ratio is 20.24.
Transactions by insiders
Recent insider trading involved BURKE WILLIAM W, Director, that happened on Nov 29 ’24 when 4000.0 shares were sold. Director, WILLIAM W. BURKE completed a deal on Nov 29 ’24 to buy 4000.0 shares. Meanwhile, Former Director MAYUR GUPTA bought 1200.0 shares on Nov 25 ’24.
