Does Earnings Surprise History Hold Any Clue for Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE)

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Earnings results for Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.61 and remained the same over the past month at 0.61. none raised and none lowered their forecast. For the fiscal year ending Jun 2020 , the consensus EPS* forecast has remained the same over the past week at 2.32 and remained the same over the past month at 2.32 . none raised and none lowered their forecast.

Analyst Opinion on Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE)

4 Wall Street analysts have issued ratings and price targets for Adtalem Global Education in the last 12 months. Their average twelve-month price target is $41.67, predicting that the stock has a possible upside of 17.47%. The high price target for ATGE is $55.00 and the low price target for ATGE is $35.00. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Adtalem Global Education has received a consensus rating of Buy. The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $41.67, Adtalem Global Education has a forecasted upside of 17.5% from its current price of $35.47. Adtalem Global Education has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE)

Adtalem Global Education does not currently pay a dividend. Adtalem Global Education does not have a long track record of dividend growth.

Insiders buying/selling: Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE)

In the past three months, Adtalem Global Education insiders have not sold or bought any company stock. Only 1.46% of the stock of Adtalem Global Education is held by insiders. 98.38% of the stock of Adtalem Global Education is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Adtalem Global Education Stock Forecast, Price & News (NYSE:ATGE

Earnings for Adtalem Global Education are expected to grow by 21.55% in the coming year, from $2.32 to $2.82 per share. The P/E ratio of Adtalem Global Education is 8.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.56. The P/E ratio of Adtalem Global Education is 8.76, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 60.90. Adtalem Global Education has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued. Adtalem Global Education has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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