Adtalem Global Education Inc (NYSE:ATGE) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.18 and last traded at $47.22, with a volume of 523961 shares trading hands. The stock had previously closed at $46.35.

A number of research analysts have recently issued reports on the company. BidaskClub raised Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a report on Friday, February 9th. BMO Capital Markets reissued a “hold” rating and issued a $49.00 target price on shares of Adtalem Global Education in a report on Wednesday, January 17th. Piper Jaffray Companies reissued a “buy” rating and issued a $59.00 target price on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, Robert W. Baird boosted their target price on Adtalem Global Education from $46.00 to $47.00 and gave the company a “neutral” rating in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Adtalem Global Education has an average rating of “Buy” and an average target price of $50.33.

The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $2,840.00, a P/E ratio of 63.61, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Tuesday, February 6th. The company reported $0.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.75 by $0.01. Adtalem Global Education had a return on equity of 9.92% and a net margin of 0.86%. The firm had revenue of $337.24 million for the quarter, compared to the consensus estimate of $435.56 million. During the same period in the previous year, the business earned $0.64 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. equities research analysts expect that Adtalem Global Education Inc will post 2.77 earnings per share for the current fiscal year.

In related news, SVP Donna Jennings sold 4,582 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $45.00, for a total value of $206,190.00. Following the sale, the senior vice president now directly owns 16,794 shares in the company, valued at $755,730. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ronald L. Taylor sold 100,000 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $45.33, for a total value of $4,533,000.00. Following the sale, the insider now owns 643,620 shares in the company, valued at $29,175,294.60. The disclosure for this sale can be found here. 3.04% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of ATGE. Suntrust Banks Inc. purchased a new stake in Adtalem Global Education during the fourth quarter worth $207,000. BlueCrest Capital Management Ltd purchased a new stake in Adtalem Global Education during the fourth quarter worth $209,000. Shelton Capital Management purchased a new stake in Adtalem Global Education during the second quarter worth $224,000. Virtu KCG Holdings LLC purchased a new stake in Adtalem Global Education during the second quarter worth $333,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in Adtalem Global Education during the third quarter worth $347,000.

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Adtalem Global Education Company Profile

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

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