ValuEngine cut shares of Laureate Education (NASDAQ:LAUR) from a hold rating to a sell rating in a research note published on Thursday morning.
Several other equities analysts have also issued reports on LAUR. Zacks Investment Research lowered Laureate Education from a hold rating to a strong sell rating in a report on Friday, May 11th. Barrington Research raised their price target on Laureate Education from $18.00 to $20.00 and gave the stock an outperform rating in a report on Monday, May 14th. JPMorgan Chase & Co. raised their price target on Laureate Education from $18.00 to $18.50 and gave the stock an overweight rating in a report on Wednesday, May 23rd. Citigroup lowered their price target on Laureate Education from $20.50 to $19.00 and set a buy rating on the stock in a report on Wednesday, July 11th. Finally, Barclays reissued a hold rating and set a $17.00 price target on shares of Laureate Education in a report on Friday, August 10th. Two analysts have rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. Laureate Education currently has a consensus rating of Buy and a consensus price target of $18.41.
Shares of LAUR stock opened at $15.22 on Thursday. The stock has a market cap of $3.43 billion, a price-to-earnings ratio of -12.68, a PEG ratio of 1.88 and a beta of 1.15. Laureate Education has a 1 year low of $10.46 and a 1 year high of $16.99. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.02 and a current ratio of 1.02.
Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, August 9th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.30. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.25 billion. Laureate Education had a return on equity of 13.74% and a net margin of 11.22%. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 earnings per share. analysts predict that Laureate Education will post 0.68 earnings per share for the current year.
In related news, CEO Paula R. Singer sold 23,109 shares of the firm’s stock in a transaction dated Tuesday, August 14th. The stock was sold at an average price of $16.00, for a total transaction of $369,744.00. Following the transaction, the chief executive officer now owns 76,067 shares of the company’s stock, valued at $1,217,072. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 13.10% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fox Run Management L.L.C. grew its holdings in shares of Laureate Education by 78.0% during the second quarter. Fox Run Management L.L.C. now owns 25,619 shares of the company’s stock worth $367,000 after buying an additional 11,226 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in Laureate Education in the second quarter valued at about $4,066,000. Dimensional Fund Advisors LP acquired a new stake in Laureate Education in the first quarter valued at about $1,131,000. SG Americas Securities LLC acquired a new stake in Laureate Education in the first quarter valued at about $106,000. Finally, Wells Fargo & Company MN lifted its position in Laureate Education by 4.0% in the first quarter. Wells Fargo & Company MN now owns 165,320 shares of the company’s stock valued at $2,273,000 after purchasing an additional 6,382 shares during the period. 35.05% of the stock is currently owned by hedge funds and other institutional investors.
About Laureate Education
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.
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