Adtalem Global Education: Surging On Registered Nurse Shortage

2025-02-21 09:26:32 ET

Summary

• Adtalem Global Education Inc.'s financial performance has surged with an underlying nationwide shortage of Registered Nurses and in mental health professionals.
• A shortage is expected to persist — Adtalem still looks to benefit from secular trends in an aging population, while the long-term performance depends on universities' ability to expand capacity.
• ATGE stock's surge already reflects a good mid-term earnings performance, making long-term growth required for significant returns. I estimate a fair value of $109.5.

Adtalem Global Education Inc. ( ATGE ) operates for-profit universities in the United States with a focus on nursing, medicine, veterinary medicine, and other fields of study. The company has five universities – Chamberlain University, Walden University, American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine. Walden University was acquired in 2021 to position Adtalem better into e-learning....

Read the full article on Seeking Alpha

For further details see: