ValuEngine Lowers Laureate Education (NASDAQ:LAUR) to Strong Sell

ValuEngine lowered shares of Laureate Education (NASDAQ:LAUR) from a sell rating to a strong sell rating in a research report report published on Thursday morning, ValuEngine reports.

Several other equities research analysts have also recently issued reports on LAUR. TheStreet cut shares of Laureate Education from a b rating to a c+ rating in a research note on Wednesday, October 9th. Barrington Research reissued a buy rating and issued a $22.00 target price on shares of Laureate Education in a research report on Thursday, September 12th. BidaskClub cut shares of Laureate Education from a hold rating to a sell rating in a research report on Saturday, October 12th. Stifel Nicolaus set a $22.00 target price on shares of Laureate Education and gave the stock a buy rating in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. raised their target price on shares of Laureate Education from $22.00 to $25.00 and gave the stock an overweight rating in a research report on Wednesday, August 28th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. Laureate Education has an average rating of Buy and an average target price of $21.33.

Shares of Laureate Education stock traded down $0.03 during trading hours on Thursday, hitting $16.78. The company had a trading volume of 1,569,200 shares, compared to its average volume of 1,590,163. The company has a market cap of $3.67 billion, a P/E ratio of -559.33, a price-to-earnings-growth ratio of 3.95 and a beta of 0.15. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.82 and a quick ratio of 0.82. Laureate Education has a twelve month low of $13.70 and a twelve month high of $18.57. The company’s 50-day moving average is $16.03 and its two-hundred day moving average is $16.41.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Wednesday, November 6th. The company reported ($0.42) EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.49). The firm had revenue of $773.70 million for the quarter, compared to analysts’ expectations of $781.12 million. Laureate Education had a negative return on equity of 0.22% and a net margin of 28.67%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.42) EPS. Sell-side analysts expect that Laureate Education will post 0.35 EPS for the current year.

In other Laureate Education news, SVP Juan Jose Hurtado sold 7,500 shares of Laureate Education stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $16.84, for a total transaction of $126,300.00. Following the transaction, the senior vice president now directly owns 14,596 shares of the company’s stock, valued at $245,796.64. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Alberta Lp Wengen sold 15,000,000 shares of Laureate Education stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $16.72, for a total transaction of $250,800,000.00. The disclosure for this sale can be found here. Insiders sold 16,015,200 shares of company stock worth $267,775,478 over the last three months. Corporate insiders own 2.97% of the company’s stock.

A number of hedge funds have recently made changes to their positions in LAUR. Great Lakes Advisors LLC raised its stake in shares of Laureate Education by 71.3% during the third quarter. Great Lakes Advisors LLC now owns 376,002 shares of the company’s stock valued at $6,232,000 after purchasing an additional 156,499 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Laureate Education during the third quarter valued at approximately $33,000. GW&K Investment Management LLC increased its stake in shares of Laureate Education by 37.0% in the third quarter. GW&K Investment Management LLC now owns 20,095 shares of the company’s stock worth $333,000 after buying an additional 5,425 shares during the last quarter. Daiwa Securities Group Inc. bought a new stake in shares of Laureate Education in the third quarter worth $26,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Laureate Education in the third quarter worth $175,000. 50.42% of the stock is currently owned by hedge funds and other institutional investors.

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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