Market Watch Highlights: Adtalem Global Education Inc (ATGE) Ends on an Upturn Note at 73.11

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As of close of business last night, Adtalem Global Education Inc’s stock clocked out at $73.11, up 2.31% from its previous closing price of $71.46. In other words, the price has increased by $2.31 from its previous closing price. On the day, 0.53 million shares were traded. ATGE stock price reached its highest trading level at $74.27 during the session, while it also had its lowest trading level at $71.72.

Ratios:

To gain a deeper understanding of ATGE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.60.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on October 27, 2023, Upgraded its rating to Outperform and sets its target price to $55 from $47 previously.

On July 07, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $44.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 08 ’24 when Lisa W. Wardell bought 67,330 shares for $74.71 per share.

WARDELL LISA W sold 67,330 shares of ATGE for $4,815,085 on Aug 08 ’24. The Director now owns 94,804 shares after completing the transaction at $71.51 per share. On May 22 ’24, another insider, Gangadharan Manjunath, who serves as the VP, Chief Accounting Officer of the company, sold 946 shares for $65.75 each. As a result, the insider received 62,200 and left with 6,040 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATGE now has a Market Capitalization of 2755501312 and an Enterprise Value of 3384050688. As of this moment, Adtalem’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.25, and their Forward P/E ratio for the next fiscal year is 11.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 2.136 whereas that against EBITDA is 10.303.

Stock Price History:

Over the past 52 weeks, ATGE has reached a high of $80.18, while it has fallen to a 52-week low of $41.79. The 50-Day Moving Average of the stock is 4.07%, while the 200-Day Moving Average is calculated to be 24.91%.

Shares Statistics:

It appears that ATGE traded 488.33K shares on average per day over the past three months and 567710 shares per day over the past ten days. A total of 37.68M shares are outstanding, with a floating share count of 36.76M. Insiders hold about 2.46% of the company’s shares, while institutions hold 104.01% stake in the company. Shares short for ATGE as of 1722384000 were 1768295 with a Short Ratio of 3.62, compared to 1719532800 on 2013898. Therefore, it implies a Short% of Shares Outstanding of 1768295 and a Short% of Float of 8.7299995.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.11.

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