At the time of writing, Adtalem Global Education Inc [ATGE] stock is trading at $104.75, down -2.22%. An important factor to consider is whether the stock is rising or falling in short-term value. The ATGE shares have gain 7.77% over the last week, with a monthly amount glided 15.30%, 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.
For the past year, the stock price of Adtalem Global Education Inc fluctuated between $45.16 and $112.43. 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 $104.75 at the most recent close of the market. An investor can expect a potential drop of -14.4% based on the average ATGE price forecast.
Analyzing the ATGE fundamentals
According to Adtalem Global Education Inc [NYSE:ATGE], the company’s sales were 1.69B for trailing twelve months, which represents an 13.86% jump. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.15 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 102.65 points at the first support level, and at 100.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 106.04, and for the 2nd resistance point, it is at 107.33.
Ratios To Look Out For
It is important to note that Adtalem Global Education Inc [NYSE:ATGE] has a current ratio of 1.06. On the other hand, the Quick Ratio is 1.06, and the Cash Ratio is 0.5. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 2.71 and price to earnings (TTM) ratio is 19.52.
Transactions by insiders
Recent insider trading involved MAYUR GUPTA, Former Director, that happened on Dec 23 ’24 when 1100.0 shares were purchased. Director, BURKE WILLIAM W completed a deal on Nov 29 ’24 to sell 4000.0 shares. Meanwhile, Director WILLIAM W. BURKE bought 4000.0 shares on Nov 29 ’24.
