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Adtalem Global Education Inc Stock Research

ATGE

38.62USD+1.30(+3.48%)Delayed

Market Summary

USD38.62+1.30
Delayed
3.48%

ATGE Alerts

ATGE Stock Price

ATGE RSI Chart

ATGE Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

4.57

Price/Sales (Trailing)

1.21

EV/EBITDA

8.06

Price/Free Cashflow

71.01

ATGE Price/Sales (Trailing)

ATGE Profitability

EBT Margin

4.06%

Return on Equity

25.23%

Return on Assets

13.51%

Free Cashflow Yield

1.41%

ATGE Fundamentals

ATGE Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

-2.13%

Revenue Q/Q

2.47%

ATGE Earnings

Earnings (TTM)

384.2M

Earnings Y/Y

35.24%

Earnings Q/Q

1.0K%

Price Action

52 Week Range

27.8544.40
(Low)(High)

Last 7 days

5.6%

Last 30 days

0.3%

Last 90 days

8.8%

Trailing 12 Months

30.0%

ATGE Financial Health

Current Ratio

1.14

ATGE Investor Care

Buy Backs (1Y)

8.74%

Diluted EPS (TTM)

7.84

Peers (Alternatives to Adtalem Global Education)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
16.8B
13.1B
0.09% 5.94%
11.43
1.28
35.61% 17.44%
12.7B
3.8B
-0.28% 40.34%
-29.93
3.38
-0.18% 43.92%
MID-CAP
10.5B
4.1B
2.58% 4.90%
18.62
2.56
-0.83% -29.59%
9.4B
2.8B
-0.64% -8.63%
28.08
3.34
29.86% 54.02%
6.7B
3.5B
-3.53% 36.40%
12.03
1.92
- -
4.7B
6.4B
-3.23% -30.08%
21.05
0.73
8.41% -47.22%
4.4B
2.0B
-5.87% -41.98%
54.93
2.19
15.11% 14.45%
3.5B
911.3M
0.22% 17.29%
19.16
3.88
1.64% -29.07%
2.9B
3.9B
-4.96% -2.03%
42.71
0.73
23.18% -80.95%
2.2B
1.1B
8.66% 38.88%
46.97
2.06
-5.85% -15.28%
2.1B
766.9M
5.09% -55.07%
7.73
2.69
-1.21% 18387.93%
SMALL-CAP
1.8B
1.4B
0.26% 29.99%
4.57
1.21
29.69% 6022.49%
1.7B
1.8B
-7.01% 8.04%
17.08
0.96
10.07% 40.67%
902.2M
695.2M
-1.90% 16.99%
9.41
1.3
0.31% -12.56%
102.4M
606.3M
-48.13% -74.48%
-0.89
0.17
44.78% -747.77%

Financials for Adtalem Global Education

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-0.5%1,4451,4531,3871,2491,114
  S&GA Expenses-2.2%574587568508432
EBITDA9.6%192175129129-
EBITDA Margin10.2%0.13*0.12*0.09*0.10*-
Earnings Before Taxes92.7%59.0030.00-45.06-67.90-36.83
EBT Margin93.8%0.04*0.02*-0.03*-0.04*-
Interest Expenses-10.4%89.00100129135107
Net Income1.7%384378318319-6.49
Net Income Margin2.2%0.27*0.26*0.23*0.24*-
Free Cahsflow-20.4%25.0031.00-20.6365.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-5.1%2,8432,9963,0293,5183,660
  Current Assets-25.8%4235705561,011611
    Cash Equivalents-36.6%208328347789275
  Net PPE-2.1%276282290295302
  Goodwill0%961961961961960
Liabilities-11.2%1,3201,4861,5242,0272,370
  Current Liabilities-24.3%371491418521497
    LT Debt, CurrentNaN%----9.00
    LT Debt, Non Current-6.5%6947428391,2251,600
Shareholder's Equity0.8%1,5231,5101,5051,4911,288
  Retained Earnings1.0%2,3492,3252,3232,3151,965
  Additional Paid-In Capital6.1%561529522517542
Shares Outstanding0.1%45.0045.0045.0045.0050.00
Minority InterestNaN%----2.00
Float-1,449----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-16.8%51.0061.0010.00100130
  Share Based Compensation-11.8%17.0019.0023.0021.0020.00
Cashflow From Investing1.0%940931-551-562-1,537
Cashflow From Financing-6.1%-1,106-1,042-424-51.481,244
  Buy Backs-56.7%120277110--

Risks for ATGE

What is the probability of a big loss on ATGE?

80%


Probability that Adtalem Global Education stock will be more than 20% underwater in next one year

60.4%


Probability that Adtalem Global Education stock will be more than 30% underwater in next one year.

26.5%


Probability that Adtalem Global Education stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATGE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Adtalem Global Education was unfortunately bought at previous high price.

Drawdowns

Returns for ATGE

Cumulative Returns on ATGE

2.7%


10-Year Cumulative Returns

12.4%


7-Year Cumulative Returns

-4.1%


5-Year Cumulative Returns

13.0%


3-Year Cumulative Returns

What are the long-term rolling returns for ATGE?

FIve years rolling returns for Adtalem Global Education.

Annualized Returns

Which funds bought or sold ATGE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
unchanged
-
-21,905
818,559
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-2.8
-64,260
1,131,740
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
3,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-16,098
613,902
-%
2023-02-24
NATIXIS
sold off
-100
-1,749,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-13,000
490,000
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-69,000
-
-%
2023-02-16
GHP Investment Advisors, Inc.
unchanged
-
-380
15,620
-%
2023-02-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-29.35
-377,000
831,000
-%
2023-02-15
Financial Gravity Asset Management, Inc.
new
-
108
108
-%

1–10 of 46

Latest Funds Activity

Are funds buying ATGE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ATGE
No. of Funds

Adtalem Global Education News

Nasdaq

Adtalem Global Education (ATGE) Shares Cross Above 200 DMA.

Nasdaq,
18 hours ago

Marketscreener.com

Kansas City Star

Investor's Business Daily

Schedule 13G FIlings of Adtalem Global Education

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

ATGE Fair Value

Adtalem Global Education fair value in different scenarios

The table shows the Fair Value estimates for Adtalem Global Education for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

46.69

20.90%

56.73

46.89%

76.65

98.47%

87.96

127.76%

120.27

211.42%
Current Inflation

44.86

16.16%

54.18

40.29%

72.38

87.42%

82.25

112.97%

107.94

179.49%
Very High Inflation

42.47

9.97%

50.88

31.75%

66.93

73.30%

75.05

94.33%

93.37

141.77%

Historical Adtalem Global Education Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Adtalem Global Education

View All Filings
Date Filed Form Type Document
Mar 09, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
4
Insider Trading
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
4
Insider Trading
Feb 02, 2023
8-K
Current Report
Feb 02, 2023
10-Q
Quarterly Report

Latest Insider Trading transactions for ATGE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
James Cheryl
sold (taxes)
-32,547
39.12
-832
svp, chro
2023-02-12
Phelan Robert J.
sold (taxes)
-39,789
40.11
-992
chief financial officer
2022-12-15
Herrera Maurice
sold
-103,180
36.85
-2,800
chief marketing officer
2022-11-22
BURKE WILLIAM W
sold
-36,594
40.66
-900
-
2022-11-10
Herrera Maurice
sold (taxes)
-151,215
42.91
-3,524
chief marketing officer
2022-11-10
MALAFRONTE MICHAEL W
sold (taxes)
-65,266
42.91
-1,521
-
2022-11-10
Phelan Kenneth J
sold (taxes)
-39,734
42.91
-926
-
2022-11-10
BURKE WILLIAM W
sold (taxes)
-55,439
42.91
-1,292
-
2022-11-10
Hrinak Donna J
sold (taxes)
-34,842
42.91
-812
-
2022-11-10
DeShazer Charles
sold (taxes)
-51,234
42.91
-1,194
-

1–10 of 50

Stephen W. Beard
4430
Adtalem Global Education Inc. provides workforce solutions worldwide. It operates through two segments, Medical and Healthcare; and Financial Services. The Medical and Healthcare segment offers degree and non-degree programs in the medical and healthcare postsecondary education industry. This segment operates Chamberlain University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The Financial Services segment provides test preparation, certifications, conferences, seminars, memberships, and subscriptions to business professionals in the areas of accounting, anti-money laundering, banking, and mortgage lending. It operates Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, OnCourse Learning, and EduPristine. The company was formerly known as DeVry Education Group Inc. and changed its name to Adtalem Global Education Inc. in May 2017. Adtalem Global Education Inc. was incorporated in 1987 and is based in Chicago, Illinois.

ATGE Income Statement

2022-12-31
Consolidated Statements of Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenue$ 363,302$ 371,198$ 717,861$ 660,268
Operating cost and expense:    
Cost of educational services159,303180,420318,948332,470
Student services and administrative expense140,668153,597289,009283,033
Restructuring expense1,3633,38716,4286,481
Business acquisition and integration expense15,9419,06024,35635,613
Total operating cost and expense317,275346,464648,741657,597
Operating income46,02724,73469,1202,671
Other income (expense):    
Interest expense(15,589)(25,929)(33,349)(73,322)
Other (expense) income, net(2,574)861(1,007)1,739
Income (loss) from continuing operations before income taxes27,864(334)34,764(68,912)
(Provision for) benefit from income taxes(4,247)39,368(5,301)30,764
Income (loss) from continuing operations23,61739,03429,463(38,148)
Discontinued operations:    
Income (loss) from discontinued operations before income taxes5244,159(2,914)(1,891)
Gain (loss) on disposal of discontinued operations before income taxes1850(3,174)0
(Provision for) benefit from income taxes(182)(25,340)2,961(112)
Income (loss) from discontinued operations527(21,181)(3,127)(2,003)
Net income (loss)$ 24,144$ 17,853$ 26,336$ (40,151)
Basic:    
Continuing operations$ 0.52$ 0.78$ 0.65$ (0.77)
Discontinued operations0.01(0.43)(0.07)(0.04)
Total basic earnings (loss) per share0.530.360.58(0.81)
Diluted:    
Continuing operations0.510.780.64(0.77)
Discontinued operations0.01(0.42)(0.07)(0.04)
Total diluted earnings (loss) per share$ 0.52$ 0.36$ 0.57$ (0.81)
Weighted-average shares outstanding:    
Basic shares45,42549,77645,35049,719
Diluted shares46,12150,23746,23249,719

ATGE Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Current assets:   
Cash and cash equivalents$ 207,776$ 346,973$ 275,420
Restricted cash2,2349641,224
Accounts receivable, net99,54281,63592,744
Prepaid expenses and other current assets113,564126,467166,722
Current assets held for sale0074,397
Total current assets423,116556,039610,507
Noncurrent assets:   
Property and equipment, net275,617289,926301,666
Operating lease assets175,097177,995155,356
Deferred income taxes52,46051,09361,536
Intangible assets, net838,873873,577923,701
Goodwill961,262961,262960,058
Other assets, net116,613119,283117,621
Noncurrent assets held for sale00529,328
Total noncurrent assets2,419,9222,473,1363,049,266
Total assets2,843,0383,029,1753,659,773
Current liabilities:   
Accounts payable71,18957,14065,422
Accrued payroll and benefits42,46566,64252,086
Accrued liabilities93,70598,124134,585
Deferred revenue115,658144,840124,347
Current operating lease liabilities48,44550,78154,845
Current portion of long-term debt008,500
Current liabilities held for sale0057,690
Total current liabilities371,462417,527497,475
Noncurrent liabilities:   
Long-term debt693,781838,9081,599,538
Long-term operating lease liabilities166,496177,045155,827
Deferred income taxes26,67625,55427,127
Other liabilities61,90165,07458,040
Noncurrent liabilities held for sale0032,086
Total noncurrent liabilities948,8541,106,5811,872,618
Total liabilities1,320,3161,524,1082,370,093
Commitments and contingencies (Note 19)
Redeemable noncontrolling interest001,790
Shareholders' equity:   
Common stock, $0.01 par value per share, 200,000 shares authorized; 45,443, 45,177, and 49,797 shares outstanding as of December 31, 2022, June 30, 2022, and December 31, 2021, respectively822818817
Additional paid-in capital561,376521,848542,296
Retained earnings2,349,1462,322,8101,964,954
Accumulated other comprehensive loss(2,227)(960)(634)
Treasury stock, at cost, 36,713, 36,619, and 31,908 shares as of December 31, 2022, June 30, 2022, and December 31, 2021, respectively(1,386,395)(1,339,449)(1,219,543)
Total shareholders' equity1,522,7221,505,0671,287,890
Total liabilities and shareholders' equity$ 2,843,038$ 3,029,175$ 3,659,773