DeVry Education Group (NYSE:ATGE)‘s stock had its “hold” rating reaffirmed by equities researchers at Robert W. Baird in a research note issued to investors on Thursday.
Several other research analysts also recently commented on the company. ValuEngine downgraded DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. BMO Capital Markets restated a “market perform” rating and set a $35.00 price objective (down from $40.00) on shares of DeVry Education Group in a research report on Monday, August 21st. Piper Jaffray Companies restated a “buy” rating and set a $59.00 price objective on shares of DeVry Education Group in a research report on Monday. Zacks Investment Research cut DeVry Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, BidaskClub upgraded DeVry Education Group from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. DeVry Education Group currently has a consensus rating of “Hold” and an average target price of $44.67.
DeVry Education Group (ATGE) opened at $44.00 on Thursday. DeVry Education Group has a 12 month low of $30.10 and a 12 month high of $44.71. The firm has a market capitalization of $2,663.19, a PE ratio of 16.69, a P/E/G ratio of 1.88 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20.
DeVry Education Group (NYSE:ATGE) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.16). DeVry Education Group had a net margin of 6.17% and a return on equity of 10.24%. The firm had revenue of $421.03 million for the quarter, compared to analyst estimates of $428.00 million. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. analysts expect that DeVry Education Group will post 2.84 earnings per share for the current fiscal year.
In other DeVry Education Group news, insider Carlos Filgueiras sold 2,325 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total value of $85,839.00. Following the sale, the insider now directly owns 11,832 shares in the company, valued at $436,837.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.04% of the company’s stock.
Large investors have recently made changes to their positions in the business. GHP Investment Advisors Inc. acquired a new position in DeVry Education Group in the second quarter worth $202,000. Tower Research Capital LLC TRC acquired a new position in DeVry Education Group in the second quarter worth $223,000. Shelton Capital Management acquired a new position in DeVry Education Group in the second quarter worth $224,000. Capstone Investment Advisors Netherlands B.V. acquired a new position in DeVry Education Group in the second quarter worth $243,000. Finally, First Mercantile Trust Co. acquired a new position in DeVry Education Group in the second quarter worth $253,000.
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About DeVry Education Group
Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.
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