Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Adtalem Global Education Inc (NYSE: ATGE) weakened during the last several trading days. ATGE’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 9/13/24, Adtalem Global Education Inc (NYSE: ATGE) stock increased 1.1%, closing at $72.86. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.1% during the last week.
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 (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Adtalem Global Education has a slightly negative Appreciation Score of 36 but a very high Power Rating of 86, with the High Neutral Value Trend Rating the result.
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