Fintel reports that on September 14, 2023, Baird reiterated coverage of Adtalem Global Education (NYSE:ATGE) with a Neutral recommendation.
Analyst Price Forecast Suggests 17.96% Upside
As of August 31, 2023, the average one-year price target for Adtalem Global Education is 51.68. The forecasts range from a low of 47.47 to a high of $57.75. The average price target represents an increase of 17.96% from its latest reported closing price of 43.81.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Adtalem Global Education is 1,493MM, an increase of 2.91%. The projected annual non-GAAP EPS is 4.41.
What is the Fund Sentiment?
There are 480 funds or institutions reporting positions in Adtalem Global Education. This is a decrease of 8 owner(s) or 1.64% in the last quarter. Average portfolio weight of all funds dedicated to ATGE is 0.20%, an increase of 1.62%. Total shares owned by institutions decreased in the last three months by 4.88% to 51,115K shares. 
The put/call ratio of ATGE is 0.99, indicating a bullish outlook.
What are Other Shareholders Doing?
Ariel Investments holds 3,623K shares representing 8.72% ownership of the company. In it's prior filing, the firm reported owning 3,811K shares, representing a decrease of 5.19%. The firm decreased its portfolio allocation in ATGE by 15.01% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,054K shares representing 7.35% ownership of the company. In it's prior filing, the firm reported owning 3,315K shares, representing a decrease of 8.53%. The firm decreased its portfolio allocation in ATGE by 20.66% over the last quarter.
ARGFX - Ariel Fund Investor Class holds 2,484K shares representing 5.98% ownership of the company. No change in the last quarter.
Invesco holds 1,366K shares representing 3.29% ownership of the company. In it's prior filing, the firm reported owning 1,428K shares, representing a decrease of 4.51%. The firm increased its portfolio allocation in ATGE by 763.76% over the last quarter.
DFSVX - U.s. Small Cap Value Portfolio - Institutional Class holds 1,239K shares representing 2.98% ownership of the company. In it's prior filing, the firm reported owning 1,287K shares, representing a decrease of 3.83%. The firm increased its portfolio allocation in ATGE by 14.12% over the last quarter.
Adtalem Global Education Background Information
(This description is provided by the company.)
Adtalem Global Education Inc. is a leading global education provider and the parent organization of American University of the Caribbean School of Medicine, Association of Certified Anti-Money Laundering Specialists, Becker Professional Education, Chamberlain University, EduPristine, Ross University School of Medicine and Ross University School of Veterinary Medicine.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
