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Adtalem Global Education Inc Stock Research

ATGE

42.85USD+0.45(+1.06%)Market Closed
Watchlist

Market Summary

USD42.85+0.45
Market Closed
1.06%

ATGE Alerts

  • Big jump in Earnings (Y/Y)

ATGE Stock Price

ATGE RSI Chart

ATGE Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

19.42

Price/Sales (Trailing)

1.25

EV/EBITDA

7.1

Price/Free Cashflow

10.93

ATGE Price/Sales (Trailing)

ATGE Profitability

EBT Margin

7.96%

Return on Equity

5.31%

Return on Assets

2.8%

Free Cashflow Yield

9.15%

ATGE Fundamentals

ATGE Revenue

Revenue (TTM)

1.5B

Revenue Y/Y

0.94%

Revenue Q/Q

-1.2%

ATGE Earnings

Earnings (TTM)

93.4M

Earnings Y/Y

177.56%

Earnings Q/Q

-51.51%

Price Action

52 Week Range

33.5947.25
(Low)(High)

Last 7 days

-0.7%

Last 30 days

-0.3%

Last 90 days

22.6%

Trailing 12 Months

19.2%

ATGE Financial Health

Current Ratio

1.22

ATGE Investor Care

Buy Backs (1Y)

6.35%

Diluted EPS (TTM)

2.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ATGE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold ATGE recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 49

Latest Funds Activity

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

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

Recent SEC filings of Adtalem Global Education

View All Filings
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

ATGE Fair Value

Loading...

Peers (Alternatives to Adtalem Global Education)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
12.9B
14.8B
-15.20% 19.38%
34.4
0.87
24.74% -88.46%
10.4B
4.9B
-4.70% 52.12%
1.5K
2.12
26.04% 101.07%
MID-CAP
10.0B
2.9B
8.11% 16.44%
34.79
3.47
17.20% -8.79%
8.9B
4.0B
-5.74% 2.28%
18.21
2.2
-3.19% -36.23%
4.9B
2.2B
-10.40% 44.64%
75.57
2.21
18.83% -26.84%
3.5B
928.1M
0.56% 44.33%
18.49
3.78
2.89% -12.22%
3.4B
6.6B
-1.84% -16.41%
4.63
0.52
4.51% 252.90%
2.8B
4.2B
1.70% 7.76%
12.82
0.65
19.67% 40.01%
1.9B
1.1B
-2.56% 22.54%
50.55
1.72
0.26% -23.35%
1.0B
740.4M
-9.70% -53.73%
3.67
1.39
-4.64% 534.34%
-
3.5B
6.05% -4.43%
-
-
0.26% 0.00%
SMALL-CAP
1.9B
1.8B
8.64% 10.51%
15.26
1.05
8.93% 18.42%
1.8B
1.5B
-0.30% 19.16%
19.42
1.25
4.69% -70.42%
1.1B
726.7M
4.97% 63.70%
8.72
1.53
6.17% 15.53%
90.8M
598.9M
-11.13% -38.58%
-1.35
0.15
7.59% 29.57%

Adtalem Global Education News

MarketBeat
Wedge Capital Management L L P NC Sells 129389 Shares of ....
MarketBeat,
10 hours ago
Nasdaq
Investor's Business Daily
Yahoo Finance
Zacks Investment Research

Returns for ATGE

Cumulative Returns on ATGE

3.9%


10-Year Cumulative Returns

9.8%


7-Year Cumulative Returns

-1.1%


5-Year Cumulative Returns

19.6%


3-Year Cumulative Returns

Risks for ATGE

What is the probability of a big loss on ATGE?

85.4%


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

Financials for Adtalem Global Education

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.2%1,4511,4481,4431,4511,3861,2481,1149779079439841,0161,0521,0571,0441,0321,0141,0691,1211,1751,231
  S&GA Expenses3.4%586567571584566507432351292235257281280382377369359321328328328
EBITDA-100.0%-22519617512912913013316211233227825730780.00------
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%63.0067.0089.0010012913510785.0041.0020.0017.0018.0020.0047.0039.0029.0020.002.004.007.0012.00
Earnings Before Taxes2.9%11210956.0028.00-51.49-77.24-44.48-16.5976.00106237218205241123168140105114119156
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 Income16.4%93.0080.00382376316317-6.49-1.0277.00-188-61.97-79.76-85.3322010711995.0010811011.0034.00
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%-80.0025.0031.00-20.6365.0093.0011615299.0013792.0064.00143126------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-2.0%2,8112,8672,8432,9963,0303,5203,6603,7993,0853,0622,2752,3302,2582,4442,3912,4602,2432,1492,1222,3502,345
  Current Assets-10.2%4795334235705571,0126117101,5151,498681768693544390456505540507739688
    Cash Equivalents-13.2%2743152083283477892753241,29546241656148316867.00121205231208334373
  Net PPE2.3%259253276282290295302309284279279290286286282281283279276351389
  Goodwill0%961961961961961961960953310310310686686686687687687628628627814
Liabilities-0.3%1,3531,3571,3201,4861,5392,0412,3702,5321,7821,7539599969151,1461,0931,130842736684901817
  Current Liabilities-1.5%431438371491424526497636409382341410346345304412312309244459366
    LT Debt, Current-------9.006.003.003.003.003.003.003.003.003.003.003.003.003.003.00
    LT Debt, Non Current0.1%6956946947428391,2251,6001,6001,0681,068284286286447412328398289289290290
Shareholder's Equity-3.5%1,4571,5101,5091,5101,4911,4791,2771,2651,2941,3061,3141,3311,3101,2951,2951,3271,3921,4051,4301,4401,519
  Retained Earnings0.9%2,4042,3822,3492,3252,3102,3041,9651,9472,0051,9951,9711,9471,9282,1842,0332,0272,0131,9641,9261,9081,917
  Additional Paid-In Capital0.8%569564561529522517542537520517512508504500497492486483480470455
Accumulated Depreciation----------------314323354345306377
Shares Outstanding-4.3%42.0044.0045.0045.0045.0045.0050.0050.0049.0050.0051.0052.0052.0052.0053.0055.0055.0057.0058.0059.0060.00
Minority Interest-------2.002.002.002.003.003.003.003.003.003.0010.008.009.009.009.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations87.6%20310851.0061.0011.00100130153192146185140108182168174205184212227239
  Share Based Compensation-4.1%14.0015.0017.0019.0023.0021.0020.0019.0013.0013.0013.0013.0014.0014.0014.0014.0013.0013.0013.0014.0014.00
Cashflow From Investing-36.9%13.0020.00940931-551-563-1,537-1,531-56.69377375374383-162-165-199-213-102-110-77.96-71.45
Cashflow From Financing52.1%-288-602-1,106-1,042-424-51.481,2441,196676535-215-143-256-63.09-122-199-137-25.48-15.4330.0037.00
  Dividend Payments----------------------
  Buy Backs-123---120277110-10082.0082.0097.00137213237234253202160146137

ATGE Income Statement

2023-06-30
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 services648,486659,776457,905
Student services and administrative expense586,009566,494292,482
Restructuring expense18,81725,6286,869
Business acquisition and integration expense42,66153,19831,593
Gain on sale of assets(13,317)00
Total operating cost and expense1,282,6561,305,096788,849
Operating income168,17076,746110,399
Other income (expense):   
Interest expense(63,100)(129,348)(41,365)
Other income, net6,9651,1086,732
Income (loss) from continuing operations before income taxes112,035(51,494)75,766
(Provision for) benefit from income taxes(10,283)15,539(12,318)
Income (loss) from continuing operations101,752(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)473,4830
Benefit from (provision for) income taxes3,646(125,551)(3,162)
(Loss) income from discontinued operations(8,394)346,9466,145
Net income93,358310,99169,593
Net loss attributable to redeemable noncontrolling interest from discontinued operations00434
Net Income (Loss)93,358310,99170,027
Amounts attributable to Adtalem:   
Continuing operations101,752(35,955)63,448
Net (loss) income from discontinued operations(8,394)346,9466,579
Net Income (Loss)$ 93,358$ 310,991$ 70,027
Basic:   
Continuing operations$ 2.27$ (0.74)$ 1.24
Discontinued operations(0.19)7.170.13
Total basic earnings per share2.086.431.36
Diluted:   
Continuing operations2.23(0.74)1.23
Discontinued operations(0.18)7.170.13
Total diluted earnings per share$ 2.05$ 6.43$ 1.36
Weighted-average shares outstanding:   
Basic shares44,78148,38851,322
Diluted shares45,60048,38851,645

ATGE Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 273,689$ 346,973
Restricted cash1,386964
Accounts receivable, net102,74981,635
Prepaid expenses and other current assets100,715127,532
Total current assets478,539557,104
Noncurrent assets:  
Property and equipment, net258,522289,926
Operating lease assets174,677177,995
Deferred income taxes56,69451,093
Intangible assets, net812,338873,577
Goodwill961,262961,262
Other assets, net68,509119,283
Total noncurrent assets2,332,0022,473,136
Total assets2,810,5413,030,240
Current liabilities:  
Accounts payable81,81257,140
Accrued payroll and benefits52,04167,792
Accrued liabilities105,80698,124
Deferred revenue153,871149,810
Current operating lease liabilities37,67350,781
Total current liabilities431,203423,647
Noncurrent liabilities:  
Long-term debt695,077838,908
Long-term operating lease liabilities163,441177,045
Deferred income taxes26,06825,554
Other liabilities37,41673,700
Total noncurrent liabilities922,0021,115,207
Total liabilities1,353,2051,538,854
Commitments and contingencies
Shareholders' equity:  
Common stock, $0.01 par value per share, 200,000 shares authorized; 42,310 and 45,177 shares outstanding as of June 30, 2023 and June 30, 2022, respectively822818
Additional paid-in capital568,761521,848
Retained earnings2,403,7502,310,396
Accumulated other comprehensive loss(2,227)(2,227)
Treasury stock, at cost, 39,922 and 36,619 shares as of June 30, 2023 and June 30, 2022, respectively(1,513,770)(1,339,449)
Total shareholders' equity1,457,3361,491,386
Total liabilities and shareholders' equity$ 2,810,541$ 3,030,240
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.