ADTALEM GLOBAL EDUCATION INC (NYSE:ATGE) - A Strong Growth Stock with a Technical Setup

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 promising chart pattern, making it worth a closer look.

Fundamental Strengths

• Growth: ATGE has shown strong earnings growth, with EPS increasing by 36.25% over the past year. Revenue growth has also been healthy at 13.10%, and future EPS growth is expected at 20.13% annually.
• Profitability: The company outperforms 84.72% of its industry peers in operating margin (19.55%) and 79.17% in return on assets (8.33%).
• Valuation: Despite strong growth, ATGE trades at a reasonable valuation, with a P/E ratio of 18.44, below both the industry and S&P 500 averages.
• Financial Health: While liquidity metrics are weaker, solvency remains solid with a low debt-to-equity ratio (0.39) and strong free cash flow coverage.

Technical Setup

• Recent Performance: ATGE has outperformed 87% of stocks over the past year and remains in an uptrend long-term, though short-term momentum has weakened.
• Support & Resistance: Key support sits near $117.84, while resistance is found between $125.05-$126.42. A breakout above this zone could signal further upside.
• Consolidation: The stock has been trading in a range recently, suggesting a potential breakout opportunity if momentum improves.

Our Strong Growth Stocks with Good Technical Setup Ratings screener lists more stocks meeting these criteria.
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.