BMO Capital Markets restated their buy rating on shares of Laureate Education (NASDAQ:LAUR) in a research report sent to investors on Wednesday. They currently have a $18.00 price objective on the stock.
LAUR has been the subject of a number of other research reports. ValuEngine downgraded shares of Laureate Education from a hold rating to a sell rating in a report on Friday, November 10th. Zacks Investment Research downgraded shares of Laureate Education from a hold rating to a sell rating in a report on Wednesday, November 1st. Piper Jaffray Companies reissued a buy rating and issued a $16.50 price objective on shares of Laureate Education in a report on Friday, November 10th. Stifel Nicolaus reissued a buy rating and issued a $18.00 price objective (down previously from $21.00) on shares of Laureate Education in a report on Thursday, November 9th. Finally, Barclays cut their price objective on shares of Laureate Education from $17.00 to $15.00 and set an equal weight rating for the company in a report on Monday, November 20th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $17.07.
Shares of Laureate Education (NASDAQ:LAUR) traded down $0.39 during mid-day trading on Wednesday, hitting $14.87. 484,917 shares of the company traded hands, compared to its average volume of 481,558. The company has a market cap of $3,019.66 and a P/E ratio of -9.78. The company has a quick ratio of 0.82, a current 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 posted its quarterly earnings data on Wednesday, November 8th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.61) by ($0.41). The business had revenue of $983.40 million during the quarter, compared to the consensus estimate of $972.59 million. Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. Laureate Education’s quarterly revenue was up 5.8% on a year-over-year basis. equities research analysts anticipate that Laureate Education will post -1.58 earnings per share for the current fiscal year.
Several large investors have recently modified their holdings of LAUR. Quantbot Technologies LP acquired a new position in shares of Laureate Education in the 2nd quarter valued at approximately $122,000. SG Americas Securities LLC acquired a new position in shares of Laureate Education in the 3rd quarter valued at approximately $138,000. Legal & General Group Plc raised its position in shares of Laureate Education by 61.2% in the 2nd quarter. Legal & General Group Plc now owns 8,532 shares of the company’s stock valued at $150,000 after buying an additional 3,240 shares in the last quarter. Tudor Investment Corp ET AL acquired a new position in shares of Laureate Education in the 2nd quarter valued at approximately $208,000. Finally, UBS Asset Management Americas Inc. acquired a new position in shares of Laureate Education in the 2nd quarter valued at approximately $252,000. Institutional investors own 28.36% of the company’s stock.
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Laureate Education Company Profile
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).
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