Last 7 days
-0.7%
Last 30 days
-0.3%
Last 90 days
22.6%
Trailing 12 Months
19.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-08 | Beard, Stephen W. | sold (taxes) | -571,322 | 44.22 | -12,920 | president and ceo |
2023-08-29 | Trent Evan | sold (taxes) | -7,359 | 43.55 | -169 | svp, chief strat. & transform |
2023-08-28 | Cox Karen Sue | sold (taxes) | -9,493 | 43.55 | -218 | president, chamberlain univ. |
2023-08-28 | Beard, Stephen W. | sold (taxes) | -22,254 | 43.55 | -511 | president and ceo |
2023-08-28 | WARDELL LISA W | sold (taxes) | -118,151 | 43.55 | -2,713 | - |
2023-08-28 | Gangadharan Manjunath | sold | -61,614 | 43.4516 | -1,418 | vp, chief accounting officer |
2023-08-26 | Phelan Robert J. | sold (taxes) | -22,636 | 43.2 | -524 | chief financial officer |
2023-08-26 | Beard, Stephen W. | acquired | 582,854 | 43.2 | 13,492 | president and ceo |
2023-08-26 | WARDELL LISA W | sold (taxes) | -1,468,020 | 43.2 | -33,982 | - |
2023-08-26 | Phelan Robert J. | acquired | 60,048 | 43.2 | 1,390 | chief financial officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 48.24 | 383,000 | 1,586,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -24.37 | -799,332 | 1,641,450 | 0.02% |
2023-08-22 | COMERICA BANK | new | - | 1,000 | 1,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.63 | -293,346 | 1,891,930 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.74 | -33,000 | 501,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.31 | -34,093 | 281,127 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 0.89 | -495,967 | 4,322,030 | -% |
2023-08-15 | Parkside Financial Bank & Trust | reduced | -0.43 | -1,035 | 8,003 | -% |
2023-08-15 | State of Tennessee, Treasury Department | added | 0.14 | -116,570 | 947,063 | -% |
2023-08-15 | First Capital Advisors Group, LLC. | new | - | 859 | 859 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | ariel investments, llc | 8.4% | 3,809,879 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 10.77% | 4,891,122 | SC 13G/A | |
Jan 26, 2023 | blackrock inc. | 16.0% | 7,242,184 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 16.0% | 7,242,184 | SC 13G | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 10.42% | 5,187,988 | SC 13G/A | |
Feb 08, 2022 | dimensional fund advisors lp | 7.4% | 3,698,005 | SC 13G/A | |
Feb 04, 2022 | wedge capital management l l p/nc | 2.6% | 1,273,599 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 15.9% | 7,898,398 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 11, 2023 | 4 | Insider Trading | |
Sep 06, 2023 | 8-K | Current Report | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4/A | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading | |
Aug 29, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MGM | 12.9B | 14.8B | -15.20% | 19.38% | 34.4 | 0.87 | 24.74% | -88.46% |
WYNN | 10.4B | 4.9B | -4.70% | 52.12% | 1.5K | 2.12 | 26.04% | 101.07% |
MID-CAP | ||||||||
MTN | 10.0B | 2.9B | 8.11% | 16.44% | 34.79 | 3.47 | 17.20% | -8.79% |
SCI | 8.9B | 4.0B | -5.74% | 2.28% | 18.21 | 2.2 | -3.19% | -36.23% |
BFAM | 4.9B | 2.2B | -10.40% | 44.64% | 75.57 | 2.21 | 18.83% | -26.84% |
LOPE | 3.5B | 928.1M | 0.56% | 44.33% | 18.49 | 3.78 | 2.89% | -12.22% |
PENN | 3.4B | 6.6B | -1.84% | -16.41% | 4.63 | 0.52 | 4.51% | 252.90% |
GHC | 2.8B | 4.2B | 1.70% | 7.76% | 12.82 | 0.65 | 19.67% | 40.01% |
STRA | 1.9B | 1.1B | -2.56% | 22.54% | 50.55 | 1.72 | 0.26% | -23.35% |
CHGG | 1.0B | 740.4M | -9.70% | -53.73% | 3.67 | 1.39 | -4.64% | 534.34% |
HRB | - | 3.5B | 6.05% | -4.43% | - | - | 0.26% | 0.00% |
SMALL-CAP | ||||||||
LRN | 1.9B | 1.8B | 8.64% | 10.51% | 15.26 | 1.05 | 8.93% | 18.42% |
ATGE | 1.8B | 1.5B | -0.30% | 19.16% | 19.42 | 1.25 | 4.69% | -70.42% |
PRDO | 1.1B | 726.7M | 4.97% | 63.70% | 8.72 | 1.53 | 6.17% | 15.53% |
APEI | 90.8M | 598.9M | -11.13% | -38.58% | -1.35 | 0.15 | 7.59% | 29.57% |
3.9%
9.8%
-1.1%
19.6%
85.4%
60.4%
26.5%
Y-axis is the maximum loss one would have experienced if Adtalem Global Education was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 0.2% | 1,451 | 1,448 | 1,443 | 1,451 | 1,386 | 1,248 | 1,114 | 977 | 907 | 943 | 984 | 1,016 | 1,052 | 1,057 | 1,044 | 1,032 | 1,014 | 1,069 | 1,121 | 1,175 | 1,231 |
S&GA Expenses | 3.4% | 586 | 567 | 571 | 584 | 566 | 507 | 432 | 351 | 292 | 235 | 257 | 281 | 280 | 382 | 377 | 369 | 359 | 321 | 328 | 328 | 328 |
EBITDA | -100.0% | - | 225 | 196 | 175 | 129 | 129 | 130 | 133 | 162 | 112 | 332 | 278 | 257 | 307 | 80.00 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.16* | 0.14* | 0.12* | 0.09* | 0.10* | 0.11* | 0.12* | 0.16* | 0.10* | 0.31* | 0.26* | 0.24* | 0.29* | 0.08* | - | - | - | - | - | - |
Interest Expenses | -6.2% | 63.00 | 67.00 | 89.00 | 100 | 129 | 135 | 107 | 85.00 | 41.00 | 20.00 | 17.00 | 18.00 | 20.00 | 47.00 | 39.00 | 29.00 | 20.00 | 2.00 | 4.00 | 7.00 | 12.00 |
Earnings Before Taxes | 2.9% | 112 | 109 | 56.00 | 28.00 | -51.49 | -77.24 | -44.48 | -16.59 | 76.00 | 106 | 237 | 218 | 205 | 241 | 123 | 168 | 140 | 105 | 114 | 119 | 156 |
EBT Margin | -100.0% | - | 0.08* | 0.04* | 0.02* | -0.03* | -0.04* | -0.02* | 0.01* | 0.08* | 0.13* | 0.25* | 0.24* | 0.23* | 0.23* | 0.12* | - | - | - | - | - | - |
Net Income | 16.4% | 93.00 | 80.00 | 382 | 376 | 316 | 317 | -6.49 | -1.02 | 77.00 | -188 | -61.97 | -79.76 | -85.33 | 220 | 107 | 119 | 95.00 | 108 | 110 | 11.00 | 34.00 |
Net Income Margin | -100.0% | - | 0.06* | 0.26* | 0.26* | 0.23* | 0.24* | -0.01* | 0.00* | 0.08* | -0.17* | -0.06* | -0.07* | -0.08* | 0.21* | 0.10* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 80.00 | 25.00 | 31.00 | -20.63 | 65.00 | 93.00 | 116 | 152 | 99.00 | 137 | 92.00 | 64.00 | 143 | 126 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -2.0% | 2,811 | 2,867 | 2,843 | 2,996 | 3,030 | 3,520 | 3,660 | 3,799 | 3,085 | 3,062 | 2,275 | 2,330 | 2,258 | 2,444 | 2,391 | 2,460 | 2,243 | 2,149 | 2,122 | 2,350 | 2,345 |
Current Assets | -10.2% | 479 | 533 | 423 | 570 | 557 | 1,012 | 611 | 710 | 1,515 | 1,498 | 681 | 768 | 693 | 544 | 390 | 456 | 505 | 540 | 507 | 739 | 688 |
Cash Equivalents | -13.2% | 274 | 315 | 208 | 328 | 347 | 789 | 275 | 324 | 1,295 | 462 | 416 | 561 | 483 | 168 | 67.00 | 121 | 205 | 231 | 208 | 334 | 373 |
Net PPE | 2.3% | 259 | 253 | 276 | 282 | 290 | 295 | 302 | 309 | 284 | 279 | 279 | 290 | 286 | 286 | 282 | 281 | 283 | 279 | 276 | 351 | 389 |
Goodwill | 0% | 961 | 961 | 961 | 961 | 961 | 961 | 960 | 953 | 310 | 310 | 310 | 686 | 686 | 686 | 687 | 687 | 687 | 628 | 628 | 627 | 814 |
Liabilities | -0.3% | 1,353 | 1,357 | 1,320 | 1,486 | 1,539 | 2,041 | 2,370 | 2,532 | 1,782 | 1,753 | 959 | 996 | 915 | 1,146 | 1,093 | 1,130 | 842 | 736 | 684 | 901 | 817 |
Current Liabilities | -1.5% | 431 | 438 | 371 | 491 | 424 | 526 | 497 | 636 | 409 | 382 | 341 | 410 | 346 | 345 | 304 | 412 | 312 | 309 | 244 | 459 | 366 |
LT Debt, Current | - | - | - | - | - | - | - | 9.00 | 6.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
LT Debt, Non Current | 0.1% | 695 | 694 | 694 | 742 | 839 | 1,225 | 1,600 | 1,600 | 1,068 | 1,068 | 284 | 286 | 286 | 447 | 412 | 328 | 398 | 289 | 289 | 290 | 290 |
Shareholder's Equity | -3.5% | 1,457 | 1,510 | 1,509 | 1,510 | 1,491 | 1,479 | 1,277 | 1,265 | 1,294 | 1,306 | 1,314 | 1,331 | 1,310 | 1,295 | 1,295 | 1,327 | 1,392 | 1,405 | 1,430 | 1,440 | 1,519 |
Retained Earnings | 0.9% | 2,404 | 2,382 | 2,349 | 2,325 | 2,310 | 2,304 | 1,965 | 1,947 | 2,005 | 1,995 | 1,971 | 1,947 | 1,928 | 2,184 | 2,033 | 2,027 | 2,013 | 1,964 | 1,926 | 1,908 | 1,917 |
Additional Paid-In Capital | 0.8% | 569 | 564 | 561 | 529 | 522 | 517 | 542 | 537 | 520 | 517 | 512 | 508 | 504 | 500 | 497 | 492 | 486 | 483 | 480 | 470 | 455 |
Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 314 | 323 | 354 | 345 | 306 | 377 |
Shares Outstanding | -4.3% | 42.00 | 44.00 | 45.00 | 45.00 | 45.00 | 45.00 | 50.00 | 50.00 | 49.00 | 50.00 | 51.00 | 52.00 | 52.00 | 52.00 | 53.00 | 55.00 | 55.00 | 57.00 | 58.00 | 59.00 | 60.00 |
Minority Interest | - | - | - | - | - | - | - | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 10.00 | 8.00 | 9.00 | 9.00 | 9.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 87.6% | 203 | 108 | 51.00 | 61.00 | 11.00 | 100 | 130 | 153 | 192 | 146 | 185 | 140 | 108 | 182 | 168 | 174 | 205 | 184 | 212 | 227 | 239 |
Share Based Compensation | -4.1% | 14.00 | 15.00 | 17.00 | 19.00 | 23.00 | 21.00 | 20.00 | 19.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 |
Cashflow From Investing | -36.9% | 13.00 | 20.00 | 940 | 931 | -551 | -563 | -1,537 | -1,531 | -56.69 | 377 | 375 | 374 | 383 | -162 | -165 | -199 | -213 | -102 | -110 | -77.96 | -71.45 |
Cashflow From Financing | 52.1% | -288 | -602 | -1,106 | -1,042 | -424 | -51.48 | 1,244 | 1,196 | 676 | 535 | -215 | -143 | -256 | -63.09 | -122 | -199 | -137 | -25.48 | -15.43 | 30.00 | 37.00 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | - | 123 | - | - | - | 120 | 277 | 110 | - | 100 | 82.00 | 82.00 | 97.00 | 137 | 213 | 237 | 234 | 253 | 202 | 160 | 146 | 137 |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021 | |
Income Statement [Abstract] | |||
Revenue | $ 1,450,826 | $ 1,381,842 | $ 899,248 |
Operating cost and expense: | |||
Cost of educational services | 648,486 | 659,776 | 457,905 |
Student services and administrative expense | 586,009 | 566,494 | 292,482 |
Restructuring expense | 18,817 | 25,628 | 6,869 |
Business acquisition and integration expense | 42,661 | 53,198 | 31,593 |
Gain on sale of assets | (13,317) | 0 | 0 |
Total operating cost and expense | 1,282,656 | 1,305,096 | 788,849 |
Operating income | 168,170 | 76,746 | 110,399 |
Other income (expense): | |||
Interest expense | (63,100) | (129,348) | (41,365) |
Other income, net | 6,965 | 1,108 | 6,732 |
Income (loss) from continuing operations before income taxes | 112,035 | (51,494) | 75,766 |
(Provision for) benefit from income taxes | (10,283) | 15,539 | (12,318) |
Income (loss) from continuing operations | 101,752 | (35,955) | 63,448 |
Discontinued operations: | |||
(Loss) income from discontinued operations before income taxes | (8,464) | (986) | 9,307 |
(Loss) gain on disposal of discontinued operations before income taxes | (3,576) | 473,483 | 0 |
Benefit from (provision for) income taxes | 3,646 | (125,551) | (3,162) |
(Loss) income from discontinued operations | (8,394) | 346,946 | 6,145 |
Net income | 93,358 | 310,991 | 69,593 |
Net loss attributable to redeemable noncontrolling interest from discontinued operations | 0 | 0 | 434 |
Net Income (Loss) | 93,358 | 310,991 | 70,027 |
Amounts attributable to Adtalem: | |||
Continuing operations | 101,752 | (35,955) | 63,448 |
Net (loss) income from discontinued operations | (8,394) | 346,946 | 6,579 |
Net Income (Loss) | $ 93,358 | $ 310,991 | $ 70,027 |
Basic: | |||
Continuing operations | $ 2.27 | $ (0.74) | $ 1.24 |
Discontinued operations | (0.19) | 7.17 | 0.13 |
Total basic earnings per share | 2.08 | 6.43 | 1.36 |
Diluted: | |||
Continuing operations | 2.23 | (0.74) | 1.23 |
Discontinued operations | (0.18) | 7.17 | 0.13 |
Total diluted earnings per share | $ 2.05 | $ 6.43 | $ 1.36 |
Weighted-average shares outstanding: | |||
Basic shares | 44,781 | 48,388 | 51,322 |
Diluted shares | 45,600 | 48,388 | 51,645 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Jun. 30, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 273,689 | $ 346,973 |
Restricted cash | 1,386 | 964 |
Accounts receivable, net | 102,749 | 81,635 |
Prepaid expenses and other current assets | 100,715 | 127,532 |
Total current assets | 478,539 | 557,104 |
Noncurrent assets: | ||
Property and equipment, net | 258,522 | 289,926 |
Operating lease assets | 174,677 | 177,995 |
Deferred income taxes | 56,694 | 51,093 |
Intangible assets, net | 812,338 | 873,577 |
Goodwill | 961,262 | 961,262 |
Other assets, net | 68,509 | 119,283 |
Total noncurrent assets | 2,332,002 | 2,473,136 |
Total assets | 2,810,541 | 3,030,240 |
Current liabilities: | ||
Accounts payable | 81,812 | 57,140 |
Accrued payroll and benefits | 52,041 | 67,792 |
Accrued liabilities | 105,806 | 98,124 |
Deferred revenue | 153,871 | 149,810 |
Current operating lease liabilities | 37,673 | 50,781 |
Total current liabilities | 431,203 | 423,647 |
Noncurrent liabilities: | ||
Long-term debt | 695,077 | 838,908 |
Long-term operating lease liabilities | 163,441 | 177,045 |
Deferred income taxes | 26,068 | 25,554 |
Other liabilities | 37,416 | 73,700 |
Total noncurrent liabilities | 922,002 | 1,115,207 |
Total liabilities | 1,353,205 | 1,538,854 |
Commitments and contingencies | ||
Shareholders' equity: | ||
Common stock, $0.01 par value per share, 200,000 shares authorized; 42,310 and 45,177 shares outstanding as of June 30, 2023 and June 30, 2022, respectively | 822 | 818 |
Additional paid-in capital | 568,761 | 521,848 |
Retained earnings | 2,403,750 | 2,310,396 |
Accumulated other comprehensive loss | (2,227) | (2,227) |
Treasury stock, at cost, 39,922 and 36,619 shares as of June 30, 2023 and June 30, 2022, respectively | (1,513,770) | (1,339,449) |
Total shareholders' equity | 1,457,336 | 1,491,386 |
Total liabilities and shareholders' equity | $ 2,810,541 | $ 3,030,240 |