Medical School Stock Trading

Written By Manpreet Bindra

Medical schools have been a part of the public stock market. One in particular is Adtalem Global Education Inc. (ATGE) which is the holding company for Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. The stock was trading at $75.30 on September 22, 2024, and today on November 7 it was trading at $90.66 (Adtalem Global Education, 2024; NYSE).

 

While there are several stock valuation methods, I decided to utilize absolute valuation to determine how this company is doing. Their P/E Ratio is 20.75 and the EPS is $3.44 which means it is priced higher than its earnings (these values reflect trailing 12 months). The company has a price-to-sales ratio of 1.79 which means that it is valued at twice its sales. Their gross margin is 55.47% (Adtalem Global Education, 2024). To understand relative I found out that it is trading above its industry peers at 20.13x ratio vs 19.77x (Yahoo Finance, 2024).

 

References

 

Adtalem Global Education. (2024, August 8). Adtalem Global Education fiscal fourth quarter and full-year 2024 results[Press release]. https://s24.q4cdn.com/745190157/files/doc_financials/2024/q4/Press-Release-Adtalem-Global-Education-Fiscal-Fourth-Quarter-and-Full-Year-2024-Results-FINAL.pdf

New York Stock Exchange (NYSE) (2024). Adtalem Global Education Inc. (ATGE) stock information. Retrieved November 7, 2024, from https://www.nyse.com/quote/XNYS:ATGE

Yahoo Finance. (2024, September 20). Why Adtalem Global Education Inc. stock is trending. Yahoo Finance. https://finance.yahoo.com/news/why-adtalem-global-education-inc-131408334.html

Manpreet Bindra

MedRise is a leading educational service focused on empowering medical students, IMG, FMG, residents, and healthcare professionals to succeed. We offer personalized learning solutions, remediation, and career consulting to help individuals achieve their academic and professional goals for the residency match. Our unique approach integrates technology and experience with medical education to create tailored learning experiences, whether you need help preparing for exams, residency applications, or hospital flow processes in GME.

Contact us for more info on how we can assist you in reaching your goals in the medical field including residency interview coaching, ERAS application, residency application assistance, US clinical experience, etc.

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