Laureate Education Inc (NASDAQ:LAUR) CEO Paula R. Singer sold 15,000 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $16.62, for a total transaction of $249,300.00. Following the transaction, the chief executive officer now owns 39,970 shares of the company’s stock, valued at approximately $664,301.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
NASDAQ:LAUR traded up $0.26 on Wednesday, reaching $16.81. 598,322 shares of the company’s stock were exchanged, compared to its average volume of 711,949. The company has a quick ratio of 1.02, a current ratio of 0.87 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $3.59 billion, a PE ratio of -560.33, a P/E/G ratio of 1.76 and a beta of 0.43. Laureate Education Inc has a 52 week low of $13.58 and a 52 week high of $17.15.
Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, May 9th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.60) by $1.45. The firm had revenue of $621.80 million during the quarter, compared to analyst estimates of $609.98 million. Laureate Education had a net margin of 11.00% and a return on equity of 4.71%. The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. Analysts anticipate that Laureate Education Inc will post 0.76 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Laureate Education from a “hold” rating to a “sell” rating in a research report on Tuesday, May 7th. TheStreet upgraded shares of Laureate Education from a “c” rating to a “b-” rating in a research report on Friday, April 26th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Laureate Education currently has an average rating of “Hold” and an average target price of $18.30.
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Laureate Education Company Profile
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It operates through five segments: Brazil, Mexico, Andean, Rest of World, and Online & Partnerships. The company offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
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