Extremely significant positive changes in Adtalem Global Education Inc (NYSE: ATGE) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Recent limited positive changes in fundamentals have benefitted Adtalem Global Education Inc (NYSE: ATGE). Positive developments: the consensus estimate for June, 2025 increased significantly, and the consensus estimate for June, 2024 increased significantly. Negative development: significant quarterly earnings deceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ATGE is expected to continue to be an important Value Builder.
Adtalem Global Education has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Adtalem Global Education has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 63, with the Neutral Value Trend Rating the result.
Recent Price Action
Adtalem Global Education Inc (NYSE: ATGE) stock enjoyed a large increase of 3.4% on 6/28/24. The stock closed at $68.21. Moreover, this advance was accompanied by exceptionally high trading volume at 254% of normal. The stock has been strong relative to the market over the last nine months and has risen 7.2% during the last week.
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