Laureate International Universities (LAUR) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of Laureate International Universities (NASDAQ:LAUR) from a sell rating to a hold rating in a research report released on Friday.

A number of other research analysts also recently issued reports on the company. Citigroup decreased their price objective on Laureate International Universities to $20.00 and set a buy rating for the company in a report on Tuesday, May 8th. Barrington Research reiterated a buy rating and set a $18.00 price objective on shares of Laureate International Universities in a report on Friday, April 27th. Zacks Investment Research upgraded Laureate International Universities from a sell rating to a hold rating in a report on Wednesday, April 11th. Piper Jaffray reiterated a buy rating and set a $19.00 price objective on shares of Laureate International Universities in a report on Thursday, February 1st. Finally, BMO Capital Markets reiterated a buy rating and set a $18.00 price objective on shares of Laureate International Universities in a report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $18.33.

Laureate International Universities opened at $14.50 on Friday, Marketbeat reports. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.64. The stock has a market cap of $2.73 billion, a P/E ratio of -12.08, a PEG ratio of 5.17 and a beta of 0.72. Laureate International Universities has a 52-week low of $14.62 and a 52-week high of $14.93.

Laureate International Universities (NASDAQ:LAUR) last posted its quarterly earnings data on Wednesday, May 9th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.53) by $1.12. The business had revenue of $885.30 million during the quarter, compared to the consensus estimate of $853.02 million. Laureate International Universities had a return on equity of 8.41% and a net margin of 8.69%. Laureate International Universities’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned ($1.05) earnings per share. research analysts predict that Laureate International Universities will post 0.23 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of LAUR. JPMorgan Chase & Co. bought a new position in Laureate International Universities in the third quarter valued at approximately $1,119,000. Wells Fargo & Company MN grew its stake in Laureate International Universities by 24.8% in the third quarter. Wells Fargo & Company MN now owns 108,021 shares of the company’s stock valued at $1,571,000 after purchasing an additional 21,470 shares in the last quarter. Daiwa SB Investments Ltd. grew its stake in Laureate International Universities by 83.5% in the fourth quarter. Daiwa SB Investments Ltd. now owns 91,045 shares of the company’s stock valued at $1,235,000 after purchasing an additional 41,421 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Laureate International Universities by 23.1% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 183,020 shares of the company’s stock valued at $2,482,000 after purchasing an additional 34,389 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in Laureate International Universities by 50.1% in the fourth quarter. Jennison Associates LLC now owns 1,918,608 shares of the company’s stock valued at $26,016,000 after purchasing an additional 640,675 shares in the last quarter. Hedge funds and other institutional investors own 29.94% of the company’s stock.

Laureate International Universities Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Laureate International Universities (NASDAQ:LAUR)

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