Adtalem Education (ATGE)
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5 Schools Stocks Leading the Expanding Education Industry
ZACKS· 2024-12-03 17:51
The U.S. education sector has seen diverse growth fueled by factors such as the growing popularity of e-books, the expansion of online learning platforms, increased demand for healthcare professionals, advancements in technology, the adoption of hybrid teaching models, and strategic acquisitions targeting global expansion. Despite these advancements, companies within the Zacks Schools industry face challenges, including higher advertising and marketing costs, expenses tied to online education, and the emerg ...
Pick These 4 Solid Net Profit Margin Stocks to Boost Portfolio Returns
ZACKS· 2024-11-14 13:30
Net profit, also referred to as the bottom line, is one of the key tools to determine the financial health of an enterprise. The metric demonstrates a company’s ability to convert per-dollar sales into profits.A low profit margin indicates higher risks, implying that a revenue drop might dampen profits, thus pushing a company into the red. Graham Corporation (GHM) , Qifu Technology, Inc. (QFIN) , Adtalem Global Education Inc. (ATGE) and Strategic Education, Inc. (STRA) , however, boast solid net profit marg ...
Adtalem Global Education Inc. (ATGE) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-10-31 14:15
Have you been paying attention to shares of Adtalem Global Education (ATGE) ? Shares have been on the move with the stock up 11.3% over the past month. The stock hit a new 52-week high of $85.26 in the previous session. Adtalem Global Education has gained 39.3% since the start of the year compared to the 5.9% move for the Zacks Consumer Discretionary sector and the 5.1% return for the Zacks Schools industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, ...
Recent Price Trend in Adtalem (ATGE) is Your Friend, Here's Why
ZACKS· 2024-10-31 13:50
Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Adtalem Global Education (ATGE) - Adtalem Global Education (ATGE) has shown a solid price increase of 20.3% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has also increased by 11.3% over the last four weeks, indicating that the upward trend is still intact [4]. - ATGE is currently trading at 92.4% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4]. Group 3: Fundamental Strength - ATGE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [6]. - The Average Broker Recommendation for ATGE is 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides ATGE, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for finding winning stock picks [7].
Adtalem's Q1 Earnings & Revenues Top Estimates, 2025 View Up
ZACKS· 2024-10-30 14:10
Adtalem Global Education Inc. (ATGE) posted better-than-expected results in first-quarter fiscal 2025. Earnings and revenues surpassed their respective Zacks Consensus Estimate and increased year over year, given strong enrollment growth and strategic initiatives. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Adtalem registered strong quarterly performance, which was led by significant gains at Chamberlain University and Walden University. These gains were due to continued demand ...
Adtalem Education (ATGE) - 2025 Q1 - Earnings Call Transcript
2024-10-29 23:58
Financial Data and Key Metrics Changes - Revenue for the quarter reached $417 million, reflecting a 13% increase compared to last year [8] - Adjusted EBITDA margin expanded by 140 basis points, leading to a 39% jump in adjusted earnings per share to $1.29 [8][25] - Adjusted net income for the quarter was $50.5 million, up 28.3% compared to last year [27] Business Line Data and Key Metrics Changes - Chamberlain reported first quarter revenue of $167.9 million, an increase of 17.8% compared to the prior year, driven by a total student enrollment increase of 11.7% [28] - Walden's first quarter revenue was $161.5 million, a 14.1% increase year-over-year, with total student enrollment up 12.2% [31] - Medical and Veterinary segment revenue increased by 3.9% to $88 million, with total enrollment growth trend improving [33] Market Data and Key Metrics Changes - Total enrollment improved for the 10th consecutive quarter, up 11.2% year-over-year, bringing total enrollment to over 90,000 students [9] - Chamberlain's BSN online option is now available in 36 states with over 2,000 students enrolled [14] - Walden remains a national leader in nursing with over 16,000 nursing students currently enrolled [16] Company Strategy and Development Direction - The company has commenced year two of its three-year "Growth with Purpose" strategy, focusing on operational excellence and generating substantial value for stakeholders [7] - Investments in marketing and student support are aimed at maintaining high persistence rates and enhancing the student experience [30][47] - The company is expanding its reach through partnerships and innovative programs, including a new partnership with the Oncology Nursing Society [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future enrollment trends and the strong demand for medical education in the U.S. [20] - The fiscal year 2025 guidance has been raised to project revenue between $1.69 billion and $1.73 billion, with adjusted earnings per share of $5.75 to $5.95 [21][38] - Management noted that the marketing investments are expected to deliver positive returns through increased future demand and strong persistence [30][51] Other Important Information - Free cash flow for the first three months of fiscal year 2025 was $79 million, with a trailing 12-month free cash flow of $243 million [35] - The balance sheet remains healthy, ending the first quarter with $265 million in cash and equivalents [36] - The company repurchased 462,000 shares during the quarter, continuing its share repurchase authorization [37] Q&A Session Summary Question: Growth acceleration at Chamberlain - Management noted positive trends in new enrollment, particularly in the post-licensure RN/BSN category, and believes this trend is sustainable [42][43] Question: Marketing expense allocation - Marketing resources are allocated dynamically based on attractive opportunities, with a significant portion shifted to Q2 [44][45] Question: Revenue growth and operating leverage - Despite increased marketing investments, management indicated that there are additional investments in student support impacting operating leverage [46][47] Question: Full year guidance and risk factors - Management clarified that the full year guidance reflects an improved outlook for revenue, with strong momentum across new enrollment [58][59]
Adtalem Global Education (ATGE) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2024-10-29 22:41
Adtalem Global Education (ATGE) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15.18%. A quarter ago, it was expected that this forprofit education company would post earnings of $1.24 per share when it actually produced earnings of $1.37, delivering a surprise of 10.48%. Over the l ...
Adtalem Education (ATGE) - 2025 Q1 - Quarterly Results
2024-10-29 20:18
Exhibit 99.1 News Release Investor Contact Jay Spitzer Investor.Relations@Adtalem.com +1 312-906-6600 GLOBAL EDUCATION Media Contact Britt Mitchell AdtalemMedia@Adtalem.com +1 872-270-0301 Adtalem Global Education First Quarter Fiscal Year 2025 Results; Guidance Raised Total enrollment up 11.2% YoY Revenue up 13.2% YoY Diluted earnings per share $1.18; Adjusted EPS $1.29, growth of 38.7% YoY First quarter highlights ● Total student enrollment 90,140, up 11.2% year-over-year ● Revenue $417.4 million, up 13.2 ...
Adtalem Education (ATGE) - 2025 Q1 - Quarterly Report
2024-10-29 20:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------|-------------------------------------------------| | | | | For the ...
Are Investors Undervaluing Adtalem Global Education (ATGE) Right Now?
ZACKS· 2024-10-09 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that t ...