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 exhibiting a favorable technical setup. The company combines solid fundamental growth metrics with a promising chart pattern, making it worth a closer look.

Fundamental Strengths

• Growth: ATGE has demonstrated strong earnings growth, with EPS increasing by 36.25% over the past year and an expected annual growth rate of 20.13% in the coming years. Revenue growth has also been consistent, rising 13.10% year-over-year.
• Profitability: The company’s Return on Equity (16.21%) and Return on Invested Capital (13.23%) are well above industry averages, placing it in the top tier of its sector.
• Valuation: Despite strong growth, ATGE appears reasonably valued, trading at a P/E of 19.76, below both the industry and S&P 500 averages.
• Financial Health: While liquidity metrics are weaker, solvency remains strong with a low Debt/Equity ratio (0.39) and a healthy Altman-Z score (4.36).

Technical Setup

• Trend Strength: Both short-term and long-term trends are positive, with the stock trading near the upper end of its 52-week range.
• Support Levels: Multiple support zones exist between $119.18 and $126.26, providing a potential floor for pullbacks.
• Recent Signal: A Pocket Pivot pattern—a bullish volume/price signal—was recently observed, reinforcing upward momentum.
• Relative Strength: ATGE outperforms 94% of all stocks over the past year and 85% of its industry peers.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks with similar characteristics.
For a deeper dive, review the full fundamental report and technical analysis.

Disclaimer

This is not investment advice. The observations here are based on current data, but market conditions can change. Always conduct your own research before making investment decisions.