Covista Inc. (NYSE:CVSA), formerly Adtalem Global Education Inc. (ATGE), is among the 10 Best Magic Formula Stocks for 2026. On February 5, the company announced that it would be rebranding itself as Covista, with its ticker changing to CVSA effective February 24, 2026.
The move marks the final stage of the higher education firm’s four-year transformation to becoming the country’s leading healthcare education provider. Chairman and CEO Steve Beard believes the name change reflects what the company has achieved over the last four years, coupled with what he sees ahead to address the challenges facing America’s healthcare workforce crisis.
In other news, Covista Inc. (NYSE:CVSA) hosted its Investor Day on February 24 where it unveiled a growth roadmap for the next three years built on four core principles that include operational excellence, platform extension, employer integration, and a focus on technology.
The company reiterated its full-year forecast for 2026, with revenue anticipated to grow in the range of 6% to 8.5% year-over-year to between $1,900 million and $1,940 million. Adjusted EPS is expected in the range of $7.80 to $8.00 per share, reflecting a growth of 17-20% from last year.
The healthcare educator also provided its long-term financial targets for 2027 through 2029, reflecting steady growth in both revenue and adjusted earnings per share.
Covista Inc. (NYSE:CVSA) is America’s largest healthcare educator. It currently has around 97,000 students enrolled across five institutions, with 24,000 healthcare professionals graduating every year and a robust alumni network of 385,000.
While we acknowledge the potential of CVSA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 11 Best Military Technology Stocks to Buy Right Now and 10 Best Meme Stocks to Buy Now.
Disclosure: None. Follow Insider Monkey on Google News.