Laureate Education Inc (LAUR) Given Consensus Rating of “Hold” by Brokerages

Laureate Education Inc (NASDAQ:LAUR) has been assigned an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $18.63.

LAUR has been the topic of a number of recent research reports. Zacks Investment Research lowered Laureate Education from a “buy” rating to a “hold” rating in a research note on Thursday, March 14th. TheStreet upgraded Laureate Education from a “c” rating to a “b-” rating in a research note on Friday, April 26th.

In other Laureate Education news, insider Marcelo Cardoso sold 6,900 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $15.24, for a total transaction of $105,156.00. Following the transaction, the insider now owns 24,037 shares in the company, valued at approximately $366,323.88. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Paula R. Singer sold 15,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $16.62, for a total value of $249,300.00. Following the transaction, the chief executive officer now owns 39,970 shares in the company, valued at approximately $664,301.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 56,667 shares of company stock worth $876,524. Corporate insiders own 2.97% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. FMR LLC increased its stake in shares of Laureate Education by 19.4% in the 1st quarter. FMR LLC now owns 13,450,964 shares of the company’s stock valued at $201,362,000 after purchasing an additional 2,184,985 shares during the last quarter. Maple Rock Capital Partners Inc. increased its stake in shares of Laureate Education by 1.0% in the 1st quarter. Maple Rock Capital Partners Inc. now owns 2,495,000 shares of the company’s stock valued at $37,350,000 after purchasing an additional 25,000 shares during the last quarter. Select Equity Group L.P. bought a new position in shares of Laureate Education in the 1st quarter valued at $11,891,000. Park West Asset Management LLC increased its stake in shares of Laureate Education by 3.8% in the 1st quarter. Park West Asset Management LLC now owns 648,700 shares of the company’s stock valued at $9,711,000 after purchasing an additional 23,700 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Laureate Education by 205.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 315,107 shares of the company’s stock valued at $4,718,000 after purchasing an additional 211,950 shares during the last quarter. Institutional investors own 43.37% of the company’s stock.

NASDAQ:LAUR traded up $0.14 during mid-day trading on Thursday, hitting $16.49. 23,102 shares of the stock were exchanged, compared to its average volume of 709,967. The stock has a market cap of $3.67 billion, a P/E ratio of -550.00, a PEG ratio of 2.75 and a beta of 0.43. The company has a current ratio of 0.87, a quick ratio of 1.02 and a debt-to-equity ratio of 1.30. Laureate Education has a fifty-two week low of $13.58 and a fifty-two week high of $17.15.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.60) by $1.45. The business had revenue of $621.80 million during the quarter, compared to analysts’ expectations of $609.98 million. Laureate Education had a return on equity of 4.71% and a net margin of 11.00%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.59 EPS. As a group, sell-side analysts forecast that Laureate Education will post 0.5 EPS for the current year.

About Laureate Education

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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