3 Reasons Growth Investors Will Love Adtalem (ATGE)

Core Viewpoint - The article highlights Adtalem Global Education (ATGE) as a promising growth stock, supported by its favorable Growth Score and Zacks Rank, indicating strong potential for outperformance in the market [2][11]. Earnings Growth - Adtalem has a historical EPS growth rate of 22.4%, with projected EPS growth of 18% for the current year, significantly surpassing the industry average of 11.5% [5]. Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 0.69, indicating it generates $0.69 in sales for every dollar in assets, which is higher than the industry average of 0.68, showcasing better efficiency [6]. Sales Growth - Adtalem's sales are expected to grow by 7.6% this year, compared to the industry average of 6.7%, indicating a strong sales growth outlook [7]. Earnings Estimate Revisions - The current-year earnings estimates for Adtalem have been revised upward, with the Zacks Consensus Estimate increasing by 0.3% over the past month, reflecting positive sentiment [9]. Overall Positioning - With a Zacks Rank of 2 and a Growth Score of A, Adtalem is well-positioned for potential outperformance, making it an attractive option for growth investors [11].