Why Adtalem Global Education (ATGE) is a Top Value Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
Adtalem Global Education (ATGE)
Adtalem Global Education Inc. is a leading healthcare education provider and workforce solutions innovator. The institutions of the company offer a wide array of programs across medical and healthcare services. Since first-quarter fiscal 2022, Adtalem has operated in three reportable segments:
ATGE sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Schools industry's P/E of 20.9X, shares of Adtalem Global Education are trading at a forward P/E of 13.8X. ATGE also has a PEG Ratio of 0.9, a Price/Cash Flow ratio of 7.4X, and a Price/Sales ratio of 1.6X.
A company's earnings performance is important for value investors as well. For fiscal 2024, one analyst revised their earnings estimate higher in the last 60 days for ATGE, while the Zacks Consensus Estimate has increased $0.00 to $4.31 per share. ATGE also holds an average earnings surprise of 19.3%.
Investors should take the time to consider ATGE for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report
