Shares of Laureate Education Inc (NASDAQ:LAUR) have received a consensus recommendation of “Buy” from the fourteen analysts that are currently covering the firm. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $17.11.
Several equities analysts have issued reports on LAUR shares. Zacks Investment Research raised shares of Laureate Education from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Monday, May 1st. William Blair started coverage on shares of Laureate Education in a research note on Monday, March 20th. They issued a “market perform” rating on the stock. Goldman Sachs Group Inc started coverage on shares of Laureate Education in a research note on Monday, March 6th. They issued a “neutral” rating and a $15.10 price objective on the stock. JPMorgan Chase & Co. started coverage on shares of Laureate Education in a research note on Wednesday, March 8th. They issued an “overweight” rating and a $15.50 price objective on the stock. Finally, Citigroup Inc started coverage on shares of Laureate Education in a research note on Friday, March 3rd. They issued a “buy” rating and a $16.70 price objective on the stock.
Several institutional investors have recently bought and sold shares of the company. Nationwide Fund Advisors bought a new position in Laureate Education during the first quarter worth $146,000. Stifel Financial Corp bought a new position in Laureate Education during the first quarter worth $147,000. Strs Ohio bought a new position in Laureate Education during the first quarter worth $148,000. MARSHALL WACE ASIA Ltd bought a new position in Laureate Education during the first quarter worth $241,000. Finally, Marshall Wace North America L.P. bought a new position in Laureate Education during the first quarter worth $241,000.
Laureate Education (NASDAQ:LAUR) traded up 2.31% during mid-day trading on Friday, reaching $15.52. 135,913 shares of the company traded hands. The firm has a market capitalization of $2.61 billion and a price-to-earnings ratio of 6.97. Laureate Education has a 52 week low of $12.12 and a 52 week high of $15.88. The stock’s 50 day moving average price is $14.32 and its 200 day moving average price is $13.72.
Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, May 11th. The company reported ($1.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.95) by $0.10. The business had revenue of $855.90 million for the quarter, compared to the consensus estimate of $832 million. The business’s revenue was down 5.6% compared to the same quarter last year. Equities analysts forecast that Laureate Education will post ($0.15) EPS for the current year.
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Laureate Education Company Profile
Laureate Education, Inc operates a network of degree-granting higher education institution. The Company operates in four segments: Latin America (LatAm); Europe; Asia, Middle East and Africa (AMEA), and Global Products and Services (GPS). The Company’s network includes approximately 70 institutions in over 25 countries on over 200 campuses, which the Company collectively refer to as the Laureate International Universities network.
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