News coverage about DeVry Education Group (NYSE:ATGE) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DeVry Education Group earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.5980941181228 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
A number of equities research analysts have recently weighed in on ATGE shares. BMO Capital Markets restated a “market perform” rating and set a $35.00 price target (down previously from $40.00) on shares of DeVry Education Group in a research note on Monday, August 21st. ValuEngine lowered DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded DeVry Education Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. BidaskClub raised DeVry Education Group from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $59.00 target price on shares of DeVry Education Group in a report on Monday, December 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. DeVry Education Group presently has an average rating of “Hold” and a consensus target price of $44.67.
DeVry Education Group (NYSE:ATGE) traded up $0.55 during trading on Friday, hitting $44.35. The company had a trading volume of 800,558 shares, compared to its average volume of 625,074. 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 has a 12-month low of $30.10 and a 12-month high of $44.72. The firm has a market capitalization of $2,657.13, a P/E ratio of 16.65, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99.
DeVry Education Group (NYSE:ATGE) last released its earnings results on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). DeVry Education Group had a return on equity of 10.24% and a net margin of 6.17%. The firm had revenue of $421.03 million for the quarter, compared to analyst estimates of $428.00 million. During the same period last year, the firm earned $0.45 EPS. The company’s revenue for the quarter was down 6.4% compared to the same quarter last year. analysts expect that DeVry Education Group will post 2.84 EPS for the current fiscal year.
In related news, insider Carlos Filgueiras sold 2,325 shares of DeVry Education Group stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total transaction of $85,839.00. Following the completion of the sale, the insider now owns 11,832 shares of the company’s stock, valued at $436,837.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.04% of the company’s stock.
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DeVry Education Group Company Profile
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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