Laureate Education Inc (NASDAQ:LAUR) Receives Average Rating of “Buy” from Brokerages

Laureate Education Inc (NASDAQ:LAUR) has been given a consensus recommendation of “Buy” by the nine research firms that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating and six have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $21.33.

A number of research analysts recently commented on LAUR shares. JPMorgan Chase & Co. upped their price objective on Laureate Education from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 28th. BMO Capital Markets boosted their price target on Laureate Education from $18.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Zacks Investment Research upgraded Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Thursday, October 10th. Citigroup reiterated a “buy” rating and set a $22.00 price target (up previously from $19.00) on shares of Laureate Education in a research report on Wednesday, August 28th. Finally, Stifel Nicolaus set a $22.00 price target on Laureate Education and gave the stock a “buy” rating in a research report on Friday, August 30th.

LAUR traded down $0.16 during trading on Friday, reaching $15.55. 709,565 shares of the company were exchanged, compared to its average volume of 1,660,103. The stock has a market cap of $3.53 billion, a P/E ratio of -518.33, a PEG ratio of 2.00 and a beta of 0.17. The firm has a 50 day moving average of $16.85 and a 200 day moving average of $16.35. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.68. Laureate Education has a 52 week low of $13.58 and a 52 week high of $18.57.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.11). The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $998.46 million. Laureate Education had a negative return on equity of 0.85% and a net margin of 28.57%. Laureate Education’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.00 earnings per share. As a group, analysts forecast that Laureate Education will post 0.65 earnings per share for the current fiscal year.

In other news, CEO Paula R. Singer sold 3,348 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $16.41, for a total value of $54,940.68. Following the completion of the sale, the chief executive officer now owns 29,926 shares in the company, valued at $491,085.66. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Paula R. Singer sold 3,349 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $16.63, for a total value of $55,693.87. Following the completion of the sale, the chief executive officer now owns 23,229 shares of the company’s stock, valued at approximately $386,298.27. The disclosure for this sale can be found here. Insiders have sold a total of 16,007,699 shares of company stock valued at $267,652,310 in the last quarter. 2.97% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. New York State Teachers Retirement System acquired a new stake in shares of Laureate Education during the second quarter worth $130,000. Man Group plc acquired a new stake in shares of Laureate Education during the second quarter worth $192,000. ETRADE Capital Management LLC acquired a new stake in shares of Laureate Education during the second quarter worth $195,000. CPV Partners LLC acquired a new stake in shares of Laureate Education during the second quarter worth $225,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Laureate Education during the second quarter worth $233,000. Institutional investors and hedge funds own 50.03% of the company’s stock.

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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Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

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