Zacks Investment Research Downgrades Laureate Education (LAUR) to Sell

Laureate Education (NASDAQ:LAUR) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

According to Zacks, “Laureate Education, Inc. is a degree-granting higher education institutions. The company offers high-quality undergraduate, graduate and specialized programs. Laureate Education, Inc. is headquartered in Baltimore, Maryland. “

A number of other brokerages have also recently commented on LAUR. Stifel Nicolaus restated a “buy” rating and issued a $18.00 price target (down previously from $21.00) on shares of Laureate Education in a research report on Thursday, November 9th. ValuEngine upgraded Laureate Education from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. BMO Capital Markets reduced their price target on Laureate Education from $18.00 to $17.00 and set an “outperform” rating for the company in a research report on Thursday, November 9th. Credit Suisse Group reduced their price target on Laureate Education from $20.00 to $19.00 and set an “outperform” rating for the company in a research report on Thursday, November 9th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $16.50 price target on shares of Laureate Education in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $16.82.

Shares of Laureate Education (NASDAQ:LAUR) opened at $14.65 on Wednesday. The company has a market capitalization of $2,740.00 and a price-to-earnings ratio of -24.42. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.94. Laureate Education has a 1 year low of $10.46 and a 1 year high of $18.96.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported ($1.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.41). The company had revenue of $983.40 million during the quarter, compared to analysts’ expectations of $972.59 million. Laureate Education had a negative return on equity of 2.66% and a negative net margin of 1.47%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. equities analysts forecast that Laureate Education will post -1.58 EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in shares of Laureate Education during the second quarter worth about $122,000. SG Americas Securities LLC purchased a new stake in shares of Laureate Education during the third quarter worth about $138,000. Legal & General Group Plc grew its position in shares of Laureate Education by 61.2% during the second quarter. Legal & General Group Plc now owns 8,532 shares of the company’s stock worth $150,000 after purchasing an additional 3,240 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Laureate Education during the second quarter worth about $208,000. Finally, UBS Asset Management Americas Inc. purchased a new stake in shares of Laureate Education during the second quarter worth about $252,000. Hedge funds and other institutional investors own 28.36% of the company’s stock.

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About Laureate Education

Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).

Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

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