Core Insights - Adtalem Global Education Inc. is experiencing strong enrollment growth and implementing cost-saving initiatives, which are positively impacting its financial performance [1][2][3] Enrollment Growth - In Q2 fiscal 2024, Adtalem's revenues rose by 8.4% year over year to $393.2 million, driven by increased demand at Chamberlain University and Walden University [2] - Total student enrollment at Chamberlain University grew by 6.6% year over year to 35,592 students, supported by growth in nursing programs [2] - Walden University saw a 7.9% year-over-year increase in enrollment to 40,971 students, fueled by growth in both healthcare and non-healthcare programs [2] Cost Control Initiatives - To mitigate rising costs, Adtalem has implemented cost-saving measures such as workforce reduction, centralized operations, and managing discretionary spending [3] - The company reported an adjusted EPS of $1.23 for Q2 fiscal 2024, reflecting a 51.4% increase year over year, attributed to lower restructuring costs and revenue growth [3] Strategic Partnerships - Adtalem is focusing on strategic partnerships with corporations, hospitals, and government agencies to develop educational programs that meet the needs of employees and employers [4][5] - The company is advancing partnerships with local health systems in major markets through its Clinical Return Home program [5] Long-term Growth Prospects - Adtalem has a long-term earnings growth rate of 15% and aims for revenue growth of 10.2% and sales growth of 6.4% year over year for fiscal 2024 [1][6] - For fiscal 2024, the company expects revenues between $1,520 million and $1,560 million, and adjusted earnings per share in the range of $4.55 to $4.75 [6] - Revenue growth for fiscal 2025 is anticipated to be between 4-6%, while adjusted EPS growth is projected at 10-15% [6]

Group 1 - The Emergency Nurses Association (ENA) and Adtalem Global Education have partnered to offer a free course for nursing students, focusing on emergency nursing as part of the "Practice Ready. Specialty Focused." initiative [1][2] - The 16-week Introduction to Emergency Nursing course includes an eight-week clinical practicum in an emergency department, providing students with real-world experience [2][3] - The course is available online and at six Chamberlain campuses across Illinois, Louisiana, Georgia, and Virginia, and includes a one-year ENA membership [2][3] Group 2 - ENA President Chris Dellinger emphasized the importance of the course in preparing nursing students for the unique demands of emergency nursing [3] - Historically, new nursing graduates are not hired in emergency departments due to a lack of specialized training, but this course aims to bridge that gap [3] - Chamberlain University President Karen Cox highlighted the innovative partnership with ENA to train the next generation of emergency nurses and address the nursing shortage [3] Group 3 - The Emergency Nurses Association, founded in 1970, is dedicated to advancing emergency nursing through advocacy, education, and research, with nearly 50,000 members globally [4] - Chamberlain University is the largest nursing school in the U.S., offering a variety of nursing and health profession programs, and is accredited by the Higher Learning Commission [5] - Adtalem Global Education is recognized as the top provider of healthcare education in 2022, focusing on preparing a diverse workforce for the healthcare industry [6]

CHICAGO--(BUSINESS WIRE)--Adtalem Global Education Inc. (NYSE: ATGE) celebrated the 70th commencement of Walden University in January, honoring the accomplishments of the over 5,500 graduates since last year’s ceremony. The commencement brought together nearly 1,200 graduates from over 20 countries and almost 50 states to San Antonio, Texas. Walden University, which offers more than 100 degree and certificate programs online, ranks No. 1 in the U.S. in granting master’s degrees in nursing, is among the t ...

Core Viewpoint - Value investing focuses on selecting fundamentally sound stocks that have been undervalued due to external factors, with the potential for recovery as investors recognize their inherent value [1] Valuation Metrics - The Price to Cash Flow (P/CF) ratio is highlighted as a key metric for assessing a company's financial health, with lower values indicating better performance [2] - Cash flow is considered more reliable than earnings, as it reflects the actual money generated by a company and how effectively management utilizes it [2] Cash Flow Implications - Positive cash flow indicates an increase in liquid assets, allowing companies to manage debt, reinvest, and pay shareholders, while negative cash flow reduces liquidity and flexibility [3] Investment Criteria - A comprehensive approach to identifying undervalued stocks should include multiple metrics: P/CF, price-to-book (P/B), price-to-earnings (P/E), and price-to-sales (P/S) ratios, along with a favorable Zacks Rank and Value Score [3][4] Bargain Hunting Strategy - Parameters for selecting true value stocks include: - P/CF less than or equal to industry median - Stock price greater than or equal to $5 - Average 20-day volume greater than 100,000 - P/E and P/B ratios less than or equal to industry median - P/S ratio less than or equal to industry median [4] PEG Ratio - A PEG ratio of less than 1 indicates that a stock is undervalued relative to its earnings growth prospects, providing a more comprehensive valuation than the P/E ratio [5] Zacks Rank and Value Score - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) are expected to outperform the market, especially when combined with a Value Score of A or B [5][6] Stock Examples - General Motors (GM) has a Zacks Rank 1, with a trailing four-quarter earnings surprise of 20% and projected sales and EPS growth of 1.8% and 17.2% respectively [6][7] - Adtalem Global Education (ATGE) also holds a Zacks Rank 1, with a trailing earnings surprise of 16.9% and projected sales and EPS growth of 6.4% and 10.2% respectively [7] - Unum Group (UNM) has a Zacks Rank 2, with a trailing earnings surprise of 5.2% and projected sales and EPS growth of 4.2% and 6.9% respectively [7][8] - KB Home (KBH) carries a Zacks Rank 2, with a trailing earnings surprise of 32.4% and projected sales and EPS growth of 4.4% and 8% respectively [8]

Adtalem Global Education (ATGE) has been on a downward spiral lately with significant selling pressure. After declining 25.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whet ...

Investors looking for stocks in the Schools sector might want to consider either Adtalem Global Education (ATGE) or Grand Canyon Education (LOPE) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Styl ...

Core Insights - Adtalem Global Education Inc. has appointed Scott Liles as president of its medical and veterinary segment, effective April 1, aiming to enhance its leadership in healthcare education [1][2] Company Overview - Adtalem Global Education is recognized as the largest healthcare educator in the U.S., with a commitment to preparing a diverse workforce for the healthcare industry [4] - The organization serves approximately 80,000 students, has over 300,000 alumni, and employs nearly 10,000 staff [4] Leadership Appointment - Scott Liles brings over 20 years of experience in leading mission-driven companies, including a successful tenure as CEO of ACAMS, where he facilitated growth and independence for the organization [2] - Liles has a strong background in insurance and consulting, having previously led Nationwide Pet Insurance and worked with Accenture and McKinsey & Co. [2] Educational Outcomes - Adtalem's medical schools boast a 98% first-time residency attainment rate, while its veterinary school has an 81% NAVLE first-time pass rate, indicating strong student success [3][5] - The medical schools under Adtalem include the American University of the Caribbean School of Medicine and Ross University School of Medicine, with campuses in Sint Maarten, the UK, and Barbados, as well as the Ross University School of Veterinary Medicine in Saint Kitts [3]

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Adtalem Global Education (ATGE) has been on a downward spiral lately with significant selling pressure. After declining 21.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...

Core Viewpoint - Adtalem Global Education, Inc. strongly refutes claims made by Safkhet Capital, asserting that the report contains numerous factual errors and misrepresentations regarding the company's performance and operations [1][2][3]. Group 1: Company Performance and Claims - Adtalem is the largest healthcare educator in the U.S., producing more nursing and Doctor of Veterinary Medicine graduates than any other institution [2]. - The company achieved a 98% first-time residency attainment for its medical school graduates last year [2]. - Adtalem's total enrollment increased by 6% as of December 31, 2023, marking the largest increase since acquiring Walden in August 2021 [4]. - Chamberlain University, the nation's largest nursing school, has seen total enrollment growth for four consecutive quarters, including a 7% increase as of December 31, 2023 [4]. - Walden's total enrollment grew by 8% as of December 31, 2023, with strong persistence rates [4]. Group 2: Financial Assertions and Clarifications - The assertion that Adtalem should impair its $1.48 billion acquisition of Walden is incorrect; the most recent impairment test in May 2023 did not identify any impairment [4]. - Adtalem's graduation rates are competitive, with Chamberlain's four-year graduation rate at 71%, significantly higher than the national average of 49% [7]. - The company fully complies with the 90/10 rule, and recent changes in the calculation have had a negligible effect on RUSM's 90/10 rate [10]. - Adtalem's institutions are fully accredited and eligible for Title IV funding, despite claims regarding expired Program Participation Agreements [13]. Group 3: Response to Safkhet Capital's Assertions - Safkhet Capital's claims regarding the borrower defense program and its potential impact on Adtalem are unfounded, as there is no evidence of material risk [12]. - The comparison between Adtalem and Corinthian Colleges is baseless, as the circumstances surrounding their operations and challenges are fundamentally different [14]. - Adtalem's share repurchase claims are misleading; the company maintains a balanced approach to capital allocation, including investments in technology and student support [15]. - The updated executive compensation policy aligns management incentives with long-term shareholder value, contrary to claims made by Safkhet Capital [16].