Covista (NYSE:ATGE) 2026 Investor Day February 24, 2026 09:00 AM ET Company ParticipantsBob Phelan - Chief Financial OfficerGay Landstrom - Senior Vice President and Chief Nursing OfficerJack Slevin - Vice President, Healthcare Services Equity ResearchJeremy Cohen - Vice President, Investor RelationsMaurice Herrera - Chief Marketing Officer and Senior Vice PresidentMegan Noel - Chief Corporate Affairs OfficerMichael Betz - Chief Digital Officer and President, Walden UniversityScott Liles - President, Medica ...

Investor Day February 24, 2026 covista.com Welcome Jeremy Cohen Vice President, Investor Relations CAUTIONARY DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact, which includ ...

On February 13, 2026, First Sabrepoint Capital Management LP disclosed a new position in Adtalem Global Education (NYSE:ATGE), acquiring 135,000 shares in an estimated $13.97 million trade. What happened According to a SEC filing dated February 13, 2026, First Sabrepoint Capital Management LP initiated a new position in Adtalem Global Education (NYSE:ATGE), acquiring 135,000 shares. The estimated transaction value was $13.97 million. What else to know This is a new position, now representing 5.39% of ...

Core Viewpoint - Adtalem Global Education (ATGE) is experiencing significant selling pressure, with a 20.9% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analyst expectations of better-than-previously predicted earnings [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2]. - ATGE's current RSI reading is 29.18, suggesting that the heavy selling pressure may be exhausting itself, indicating a potential trend reversal [5]. Group 2: Fundamental Analysis - Analysts have shown strong agreement in raising earnings estimates for ATGE, with a 0.6% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - ATGE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a potential turnaround [8].

Core Viewpoint - Adtalem Global Education is rebranding to Covista, signifying a major transformation aimed at becoming the largest healthcare educator in the U.S. and a vital part of the healthcare workforce pipeline [1] Company Summary - The rebranding reflects a four-year transformation process undertaken by the company [1] - Covista will begin trading under the ticker symbol CVSA on the New York Stock Exchange starting February 24, 2026 [1] - The name change is described as more than just a rebrand; it acknowledges the company's achievements and the challenges it aims to address in the healthcare sector [1]

Industry Overview - The Zacks Schools industry is facing significant challenges, including a declining traditional student base, increased competition from public and nonprofit institutions, and rising compliance costs due to tighter regulatory oversight [1][4][5] - The industry comprises for-profit education companies offering various undergraduate, graduate, and specialized programs, focusing on career-oriented education in fields such as healthcare, technology, and skilled trades [3] Current Challenges - Margin pressures are intensifying due to rising costs in faculty, support services, marketing, and technology, coupled with aggressive enrollment competition [4] - Operational challenges include high compliance costs and vulnerability to enrollment fluctuations, which can significantly impact operating income [5][6] Demand Trends - There is a renewed demand for workforce-oriented programs, particularly in healthcare, cybersecurity, and skilled trades, driven by employers prioritizing job-ready skills [7][9] - The U.S. healthcare sector is experiencing a shortage of skilled professionals, creating opportunities for education providers to align their programs with workforce needs [8][9] Industry Consolidation - The sector is witnessing consolidation, with larger players acquiring smaller institutions to expand program offerings and achieve scale advantages [10] - Recent policy changes, such as the "Workforce Pell" initiative, are expected to enhance enrollment and pricing power for accredited programs [11] Technology Integration - The adoption of technology and digital learning platforms is becoming a key differentiator for for-profit colleges, enhancing student engagement and operational efficiency [12] Financial Performance - The Zacks Schools industry currently ranks 153 out of over 250 Zacks industries, indicating it is in the bottom 37% in terms of performance [13][14] - The industry's earnings estimates for 2026 have decreased slightly to $1.86 per share, reflecting a loss of confidence in earnings growth potential [15] Stock Performance - The industry has underperformed the S&P 500 but has fared better than the broader Zacks Consumer Discretionary sector over the past year, with a collective loss of 4.5% [17] Valuation Metrics - The industry is currently trading at a forward P/E ratio of 13.68X, significantly lower than the S&P 500's 23.24X and the sector's 17.66X [20] Notable Companies - **American Public Education, Inc. (APEI)**: Focused on military and healthcare education, APEI has seen strong enrollment growth and is expected to grow earnings by 106.5% in 2026 [27][28] - **Adtalem Global Education Inc. (ATGE)**: Gaining from enrollment momentum in healthcare education, ATGE's earnings are projected to grow 18% in fiscal 2026 [30][31] - **Stride, Inc. (LRN)**: Provides technology-driven online education, with a focus on K-12 education, and is expected to see earnings growth of 3.2% in fiscal 2026 [34][35]

Adtalem Global Education Inc. (ATGE) Stock Analysis: A Closer Look at Recent Performance and Growth PotentialAdtalem Global Education Inc. (NYSE: ATGE) is a leading provider of educational services, offering a wide range of programs across various fields such as healthcare, business, and technology. The company operates several institutions, including Chamberlain University and Ross University School of Medicine. Adtalem competes with other educational service providers like Grand Canyon Education and Stray ...

Core Viewpoint - The article highlights Adtalem Global Education (ATGE) as a promising growth stock, supported by its favorable Growth Score and Zacks Rank, indicating strong potential for outperformance in the market [2][11]. Earnings Growth - Adtalem has a historical EPS growth rate of 22.4%, with projected EPS growth of 18% for the current year, significantly surpassing the industry average of 11.5% [5]. Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 0.69, indicating it generates $0.69 in sales for every dollar in assets, which is higher than the industry average of 0.68, showcasing better efficiency [6]. Sales Growth - Adtalem's sales are expected to grow by 7.6% this year, compared to the industry average of 6.7%, indicating a strong sales growth outlook [7]. Earnings Estimate Revisions - The current-year earnings estimates for Adtalem have been revised upward, with the Zacks Consensus Estimate increasing by 0.3% over the past month, reflecting positive sentiment [9]. Overall Positioning - With a Zacks Rank of 2 and a Growth Score of A, Adtalem is well-positioned for potential outperformance, making it an attractive option for growth investors [11].

Core Viewpoint - Adtalem Global Education (ATGE) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][4]. Earnings Estimates and Stock Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [5]. Recent Performance and Outlook - Adtalem's earnings estimates have been revised upward, with the Zacks Consensus Estimate for the fiscal year ending June 2026 projected at $7.87 per share, showing a 1.2% increase over the past three months [9]. - The upgrade to Zacks Rank 2 reflects an improvement in Adtalem's underlying business, suggesting that investor sentiment may lead to higher stock prices [6][11]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. - Only the top 20% of Zacks-covered stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [10][11].

Core Viewpoint - Adtalem Global Education (ATGE) shows potential for significant upside, with a mean price target of $158.25 indicating a 46.8% increase from its current price of $107.78 [1] Price Targets - The average price target for ATGE ranges from a low of $125.00 to a high of $175.00, with a standard deviation of $22.71, suggesting variability in analyst estimates [2] - The lowest estimate indicates a 16% increase, while the highest suggests a 62.4% upside [2] Analyst Sentiment - Analysts exhibit strong agreement on ATGE's ability to report better earnings than previously predicted, which supports the expectation of stock upside [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.3%, with one estimate moving higher and no negative revisions [12] Zacks Rank - ATGE holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Price Movement Implications - While consensus price targets may not be entirely reliable, the direction they imply appears to be a good guide for potential price movement [14]