ADTALEM GLOBAL EDUCATION INC (NYSE:ATGE) – A Strong Growth Stock with Technical Breakout Potential

ADTALEM GLOBAL EDUCATION INC (NYSE:ATGE) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamental growth metrics with a bullish price pattern, making it a candidate worth examining further.

Strong Growth Fundamentals

• Growth Rating (8/10): ATGE has demonstrated impressive growth, with earnings per share (EPS) increasing by 36.25% over the past year and revenue growing by 13.10%. Future estimates suggest continued expansion, with EPS expected to rise by 20.13% annually.
• Profitability (7/10): The company maintains strong margins, including a 19.55% operating margin, outperforming 86% of its industry peers. Return on equity (16.21%) and return on invested capital (13.23%) are also well above average.
• Valuation (6/10): While not deeply undervalued, ATGE trades at reasonable multiples relative to its growth prospects. Its PEG ratio suggests the stock is fairly priced for its expected earnings growth.

Technical Breakout Setup

• Technical Rating (10/10): Both short-term and long-term trends are positive, with the stock trading near the upper end of its 52-week range.
• Bull Flag Pattern: ATGE is currently forming a bull flag, a continuation pattern that often precedes further upside. A breakout above resistance at $136.25 could signal additional gains.
• Support Levels: Multiple support zones exist below the current price, providing potential downside protection.

For a deeper look, review the full fundamental report and technical analysis.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks with similar characteristics and is updated daily.

Disclaimer

This is not investment advice. The observations here are based on data available at the time of writing. Always conduct your own research before making investment decisions.