Adtalem Education (ATGE)
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Best Growth Stocks to Buy for June 21st
ZACKS· 2024-06-21 12:10
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 21:Royal Caribbean Cruises Ltd. (RCL) : This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.Royal Caribbean Cruises has a PEG ratio of 0.46 compared with 1.49 for the industry. The company possesses a Growth Score of B.Adtalem Global Education Inc. (ATGE) : This workforce solutions provider carr ...
5 Top Stocks to Buy From the Promising School Industry
ZACKS· 2024-06-18 17:50
Industry Overview - The U.S. education industry is experiencing multifaceted growth driven by the popularity of e-books, online learning, increasing demand for healthcare professionals, new technologies, and strategic acquisitions for global reach [1] - Companies in the Zacks Schools industry face challenges such as rising advertising and marketing expenses, costs related to online education, and threats from advancements in generative AI systems [1][7] Key Trends - There is a rising demand for online education and healthcare professionals, with for-profit education companies benefiting from the shift to virtual learning [4][5] - The healthcare sector is facing a significant shortage of skilled professionals, which is expected to worsen, creating opportunities for education companies to tailor programs to meet workforce needs [5] - Companies are implementing cost-saving measures, increasing technology use, and introducing new programs to enhance profitability and student outcomes [6] Financial Performance - The Zacks Schools industry has outperformed the broader Zacks Consumer Discretionary sector and the S&P 500, with a collective stock increase of 36.9% over the past year compared to 4.4% and 24.1% respectively [12] - The industry currently holds a Zacks Industry Rank of 13, placing it in the top 5% of over 250 Zacks industries, indicating strong near-term prospects [10] Company Highlights - **Strategic Education, Inc. (SEI)**: Focuses on traditional and online education, benefiting from strong demand and improved enrollment trends. The company is innovating with competency-based learning models [16] - **Adtalem Global Education Inc. (ATGE)**: A leading healthcare educator positioned to benefit from the growing demand for healthcare professionals, with a focus on enrollment growth and strategic partnerships [19] - **Stride, Inc. (LRN)**: A technology-based education company experiencing growth from higher enrollment and online learning demand, with a focus on improving user experience [21] - **Universal Technical Institute (UTI)**: Offers skilled trades and healthcare education, focusing on enrollment and profit growth through new program launches [24] - **Perdoceo Education Corporation (PRDO)**: Provides postsecondary education through various formats, benefiting from improved enrollment trends and technology investments [26]
4 Solid Net Profit Margin Stocks to Buy for Better Returns
ZACKS· 2024-06-18 13:40
Core Insights - Investors prioritize companies with strong net profit margins as a key indicator of profitability and operational efficiency [1][2] - A healthy net profit margin, alongside solid earnings per share (EPS) growth, is essential for maximizing returns [4] Company Summaries - **GigaCloud Technology Inc. (GCT)**: A leader in global B2B e-commerce solutions for large parcel merchandise, currently holds a Zacks Rank 1 and a VGM Score of A. The 2024 earnings estimate has been revised upward by $0.27 to $3.25 per share, with an average surprise of 47.9% over the last four quarters [5][6] - **J.Jill, Inc. (JILL)**: A specialty retailer of women's apparel, also holds a Zacks Rank 1 and a VGM Score of A. The fiscal 2025 earnings estimate has been increased by $0.15 to $3.50 per share, with an impressive average surprise of 617.6% in the last four quarters [7] - **Adtalem Global Education Inc. (ATGE)**: A prominent provider of healthcare education, maintaining a Zacks Rank 1 and a VGM Score of A. The fiscal 2024 earnings estimate has risen by $0.26 to $4.90 per share, with an average surprise of 18.8% in the trailing four quarters [7][8] - **Virco Manufacturing Corporation (VIRC)**: Engaged in designing and producing furniture for education markets, also holds a Zacks Rank 1 and a VGM Score of A. The fiscal 2025 earnings estimate has been revised upward by $0.26 to $1.86 per share, with an average surprise of 74.9% over the last four quarters [7][8]
Best Growth Stocks to Buy for June 13th
ZACKS· 2024-06-13 14:33
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 13th:Strategic Education (STRA) : This company which provides a range of post-secondary education and other academic programs in the United States, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.Strategic Education has a PEG ratio of 1.07 compared with 1.60 for the industry. The company possesses ...
Are Consumer Discretionary Stocks Lagging Adtalem Global Education (ATGE) This Year?
ZACKS· 2024-06-05 14:40
Group 1 - Adtalem Global Education (ATGE) is currently outperforming the Consumer Discretionary sector, with a year-to-date gain of 10.6% compared to the sector's average return of -2.1% [2][3] - The Zacks Rank for Adtalem Global Education is 1 (Strong Buy), indicating a strong potential for outperformance based on earnings estimate revisions and improving earnings outlooks [2][3] - The Zacks Consensus Estimate for ATGE's full-year earnings has increased by 5.7% over the past quarter, reflecting positive analyst sentiment [2] Group 2 - Adtalem Global Education belongs to the Schools industry, which is ranked 28 in the Zacks Industry Rank, and has outperformed the average gain of 2.3% for this group [3] - In comparison, Skechers (SKX), another outperforming stock in the Consumer Discretionary sector, has gained 11.6% year-to-date and also holds a Zacks Rank of 1 (Strong Buy) [3][4] - The Shoes and Retail Apparel industry, where Skechers operates, is ranked 33 and has seen a decline of -9.3% since the beginning of the year [3]
5 Buy-Rated Stocks With Impressive Cash Flow Growth
ZACKS· 2024-06-05 13:02
Core Viewpoint - Healthy cash flow is essential for a company's existence, development, and success, acting as the lifeblood of any business [1] - Companies with strong cash flow are more resilient to market disruptions and can better manage their operations and investments [2] Group 1: Importance of Cash Flow - Cash flow provides flexibility for decision-making, investment opportunities, and supports growth [1] - Positive cash flow indicates an increase in liquid assets, enabling companies to meet obligations and reinvest [2] - Increasing cash flow reflects management's efficiency and reduces dependency on external financing [3] Group 2: Screening Parameters for Stocks - Stocks were screened for those with cash flow in the latest quarter at least equal to the 5-year average cash flow per share, indicating a positive trend [4] - Additional criteria included Zacks Rank 1, average broker rating of 1, current price greater than or equal to $5, and a VGM Score of B or better [4] Group 3: Qualified Stocks - **Griffon Corporation (GFF)**: A diversified management company with a revised fiscal 2024 EPS estimate of $4.80, up 5.3% [5] - **Adtalem Global Education Inc. (ATGE)**: A healthcare education provider with projected fiscal 2024 sales and EPS growth of 8.3% and 16.4%, respectively [6] - **HNI Corporation (HNI)**: A provider of home and workplace products, with a revised EPS estimate of $3.10, up 5.8% [6] - **Diebold Nixdorf, Incorporated (DBD)**: Engaged in banking and retail automation, with a 47% upward revision in 2024 earnings estimates [7] - **GigaCloud Technology Inc. (GCT)**: A B2B e-commerce solutions provider, with a revised EPS estimate of $3.25, up 9.1% [7]
Best Growth Stocks to Buy for June 4th
ZACKS· 2024-06-04 11:26
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 4:Caribbean Cruises Ltd. (RCL) : This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.Caribbean Cruises has a PEG ratio of 0.45 compared with 1.39 for the industry. The company possesses a Growth Score of B.Adtalem Global Education Inc. (ATGE) : This workforce solutions provider carries a Zacks ...
5 Top GARP Picks for Your Portfolio Based on PEG Ratio
ZACKS· 2024-06-03 13:50
Core Insights - The article discusses the effectiveness of the GARP (Growth at a Reasonable Price) investment strategy, which combines elements of both value and growth investing to identify stocks with solid growth potential while being undervalued [1][3]. Group 1: GARP Strategy - GARP investing prioritizes the PEG (Price/Earnings Growth) ratio, which relates a stock's P/E ratio to its future earnings growth rate, helping to identify stocks with both undervaluation and future growth potential [3]. - A lower PEG ratio, ideally below 1, is preferred for GARP investors, indicating a favorable balance of price and growth expectations [3]. - The article highlights that the PEG ratio is often overlooked due to the difficulty in estimating future earnings growth rates [4]. Group 2: Screening Criteria - Effective GARP investing involves several screening criteria, including a PEG ratio less than the industry median, a P/E ratio below the industry median, and a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [4]. - Additional criteria include a market capitalization greater than $1 billion, an average 20-day trading volume exceeding 50,000, and a percentage change in F1 earnings estimate revisions greater than 5% [5]. Group 3: Stock Examples - Dropbox (DBX) serves over 700 million registered users globally and has a Zacks Rank of 1 with a Value Score of B, alongside a long-term expected growth rate of 11.4% [5][6]. - Haemonetics (HAE) provides blood management solutions and has a Zacks Rank of 2 with a Value Score of B, featuring a long-term expected growth rate of 12% [6]. - PDD Holdings Inc. (PDD) benefits from increased revenues in online marketing and has a Zacks Rank of 1 with a Value Score of B, boasting a long-term expected growth rate of 50.3% [7]. - B2Gold Corp. (BTG) is a gold producer with a Zacks Rank of 2 and a Value Score of A, showing a growth rate of 23.5% over the next five years [7]. - Adtalem Global Education Inc. (ATGE) is a healthcare education provider with a Zacks Rank of 1 and a Value Score of A, along with a long-term expected growth rate of 15% [8].
Should Value Investors Buy Adtalem Global Education (ATGE) Stock?
ZACKS· 2024-05-30 14:46
Core Viewpoint - Adtalem Global Education (ATGE) is currently identified as a strong buy with attractive valuation metrics, indicating it may be undervalued in the market [2][3]. Valuation Metrics - ATGE holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, with a current P/E ratio of 11.72, significantly lower than the industry average P/E of 21.51 [2]. - The stock's Forward P/E has fluctuated between 7.90 and 13.56 over the past year, with a median of 9.98 [2]. - ATGE has a PEG ratio of 0.78, compared to the industry average PEG of 1.27, indicating a favorable valuation relative to expected earnings growth [2]. - Over the past 52 weeks, ATGE's PEG has ranged from 0.53 to 0.90, with a median of 0.67 [2]. Price-to-Book Ratio - ATGE's P/B ratio stands at 1.88, which is attractive compared to the industry average P/B of 3.71 [3]. - The P/B ratio has varied between 0.98 and 1.88 over the past 12 months, with a median of 1.36 [3]. Investment Outlook - The combination of these valuation metrics suggests that Adtalem Global Education is likely undervalued, making it a strong candidate for value investors [3].
5 Stocks With Recent Price Strength That Have More Upside Left
zacks.com· 2024-05-29 12:51
The 15-month bull run of U.S. stock markets suffered a surprise setback in April. We believe that April’s meltdown is nothing but a bull market correction and this time a welcome one as Wall Street has rebounded in May.The Department of Labor reported that the U.S. economy added 175,000 jobs in April, missing the consensus estimate of 200,000. Job additions in March were revised upward by 12,000 while those in February were revised downward by 34,000.The unemployment rate increased to 3.9% in April, compare ...