Algert Global LLC trimmed its holdings in shares of Adtalem Global Education Inc. (NYSE: ATGE) by 16.0% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,065 shares of the company's stock after selling 27,962 shares during the
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Adtalem (ATGE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Investors looking for stocks in the Schools sector might want to consider either Adtalem Global Education (ATGE) or Grand Canyon Education (LOPE). But which of these two companies is the best option for those looking for undervalued stocks?
Investors with an interest in Schools stocks have likely encountered both Adtalem Global Education (ATGE) and Grand Canyon Education (LOPE). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Adtalem (ATGE) possesses solid growth attributes, which could help it handily outperform the market.
Adtalem (ATGE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The mean of analysts' price targets for Adtalem (ATGE) points to a 46.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here is how Adtalem Global Education (ATGE) and Electrolux AB (ELUXY) have performed compared to their sector so far this year.
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Adtalem Global Education (ATGE) came out with quarterly earnings of $2.43 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.81 per share a year ago.