Key Points
- Adtalem Global Education SVP Douglas Beck sold 9,615 shares for about $1.22 million in a pre-arranged Rule 10b5-1 transaction, reducing his ownership by about 20%.
- The company posted better-than-expected quarterly earnings of $1.98 per share versus the $1.73 consensus, on revenue of $487.03 million, with revenue up 4.5% year over year.
- Analyst sentiment is mixed but generally constructive: the stock has a Moderate Buy consensus and a $155 average target price, with Truist recently raising its target to $140 and Barrington reiterating an $170 price objective.
Adtalem Global Education Inc. (NYSE:CVSA - Get Free Report) insider Karen Sue Cox sold 2,000 shares of Adtalem Global Education stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $124.50, for a total value of $249,000.00. Following the completion of the transaction, the insider owned 31,596 shares of the company's stock, valued at $3,933,702. The trade was a 5.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Adtalem Global Education Stock Performance
Shares of CVSA opened at $128.28 on Wednesday. The firm has a 50-day moving average of $112.44. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.36. The stock has a market cap of $4.37 billion, a PE ratio of 19.98, a PEG ratio of 1.08 and a beta of 0.63. Adtalem Global Education Inc. has a 1 year low of $86.97 and a 1 year high of $156.26.
Adtalem Global Education (NYSE:CVSA - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $0.25. The business had revenue of $487.03 million during the quarter. Adtalem Global Education had a return on equity of 20.19% and a net margin of 12.26%.The business's quarterly revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.92 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.950-8.150 EPS. Analysts predict that Adtalem Global Education Inc. will post 8.03 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on CVSA shares. Weiss Ratings started coverage on Adtalem Global Education in a research note on Wednesday, February 25th. They set a "hold (c+)" rating for the company. Wall Street Zen cut Adtalem Global Education from a "buy" rating to a "hold" rating in a research note on Saturday. Zacks Research cut Adtalem Global Education from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 25th. Truist Financial boosted their target price on Adtalem Global Education from $130.00 to $140.00 and gave the stock a "buy" rating in a research note on Monday. Finally, Barrington Research restated an "outperform" rating and set a $170.00 target price on shares of Adtalem Global Education in a research note on Friday, April 17th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $155.00.
View Our Latest Stock Report on Adtalem Global Education
About Adtalem Global Education
(
Get Free Report)
Adtalem Global Education (NYSE: CVSA) is a provider of higher education and workforce solutions focused primarily on programs that prepare students for professional careers in healthcare, medicine, veterinary medicine and related fields. The company operates campus-based and online degree programs, continuing professional education, clinical training and exam-preparation offerings designed to support students seeking licensure and employment in regulated professions.
Adtalem’s portfolio includes institution brands that deliver undergraduate, graduate and professional training across nursing, medicine, veterinary medicine and allied health disciplines.
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