Currently, there are 37.29M common shares owned by the public and among those 36.36M shares have been available to trade.
The company’s stock has a 5-day price change of -3.40% and 15.92% over the past three months. ATGE shares are trading 13.89% year to date (YTD), with the 12-month market performance up to 108.48% higher. It has a 12-month low price of $45.16 and touched a high of $112.43 over the same period. ATGE has an average intraday trading volume of 398.95K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.15%, 7.58%, and 31.23% respectively.
Institutional ownership of Adtalem Global Education Inc (NYSE: ATGE) shares accounts for 95.59% of the company’s 37.29M shares outstanding.
It has a market capitalization of $3.86B and a beta (3y monthly) value of 0.95. The stock’s trailing 12-month PE ratio is 19.29, while the earnings-per-share (ttm) stands at $5.37. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.51% over the week and 2.61% over the month.
Earnings per share for the fiscal year are expected to increase by 24.75%, and 14.56% over the next financial year.
Looking at the support for the ATGE, a number of firms have released research notes about the stock. Robert W. Baird stated their Outperform rating for the stock in a research note on October 27, 2023, with the firm’s price target at $47-$55. BMO Capital Markets coverage for the Adtalem Global Education Inc (ATGE) stock in a research note released on July 07, 2023 offered a Outperform rating with a price target of $44.
