Adtalem Global Education (NYSE:CVSA) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Adtalem Global Education (NYSE:CVSA) from a buy rating to a hold rating in a research note issued to investors on Saturday.

CVSA has been the topic of a number of other research reports. Truist Financial boosted their target price on shares of Adtalem Global Education from $130.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Adtalem Global Education in a research note on Friday, May 22nd. Finally, Barrington Research reissued an “outperform” rating and set a $170.00 price target on shares of Adtalem Global Education in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $155.00.

Adtalem Global Education Stock Up 0.4%

NYSE CVSA opened at $115.58 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.36. Adtalem Global Education has a twelve month low of $86.97 and a twelve month high of $156.26. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 0.87 and a beta of 0.62. The company’s 50 day moving average price is $123.80.

Adtalem Global Education (NYSE:CVSA) last issued its quarterly earnings results on Thursday, May 7th. The company reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.25. The company had revenue of $487.03 million for the quarter. Adtalem Global Education had a return on equity of 20.19% and a net margin of 12.26%.Adtalem Global Education’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.92 earnings per share. Adtalem Global Education has set its FY 2026 guidance at 7.950-8.150 EPS. On average, research analysts anticipate that Adtalem Global Education will post 8.04 earnings per share for the current year.

Insider Buying and Selling

In other Adtalem Global Education news, insider Karen Sue Cox sold 2,000 shares of Adtalem Global Education stock in a transaction on Friday, May 8th. The stock was sold at an average price of $124.50, for a total transaction of $249,000.00. Following the completion of the transaction, the insider owned 31,596 shares in the company, valued at approximately $3,933,702. The trade was a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Douglas G. Beck sold 2,439 shares of Adtalem Global Education stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $135.34, for a total value of $330,094.26. Following the transaction, the senior vice president owned 33,070 shares of the company’s stock, valued at $4,475,693.80. The trade was a 6.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 53,183 shares of company stock worth $6,914,570. 2.50% of the stock is currently owned by corporate insiders.

Adtalem Global Education Company Profile

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.