Laureate Education (NASDAQ:LAUR)‘s stock had its “buy” rating reissued by analysts at BMO Capital Markets in a research report issued to clients and investors on Wednesday. They presently have a $18.00 price target on the stock. BMO Capital Markets’ price objective would indicate a potential upside of 11.66% from the company’s previous close.
LAUR has been the subject of several other reports. ValuEngine lowered Laureate Education from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. Zacks Investment Research lowered Laureate Education from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Piper Jaffray Companies reiterated a “buy” rating and set a $16.50 price objective on shares of Laureate Education in a research note on Friday, November 10th. Stifel Nicolaus restated a “buy” rating and issued a $18.00 target price (down from $21.00) on shares of Laureate Education in a research note on Thursday, November 9th. Finally, Barclays lowered their target price on Laureate Education from $17.00 to $15.00 and set an “equal weight” rating for the company in a research note on Monday, November 20th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Laureate Education presently has an average rating of “Buy” and an average price target of $17.07.
Laureate Education (LAUR) traded up $0.45 during trading on Wednesday, reaching $16.12. The company’s stock had a trading volume of 422,200 shares, compared to its average volume of 491,390. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.94. Laureate Education has a 1 year low of $10.46 and a 1 year high of $18.96. The firm has a market capitalization of $3,000.00 and a price-to-earnings ratio of -26.87.
Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Wednesday, November 8th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.61) by ($0.41). Laureate Education had a negative return on equity of 2.66% and a negative net margin of 1.47%. The company had revenue of $983.40 million for the quarter, compared to analyst estimates of $972.59 million. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. sell-side analysts forecast that Laureate Education will post -1.58 EPS for the current fiscal year.
Several large investors have recently made changes to their positions in the company. Legal & General Group Plc increased its stake in shares of Laureate Education by 61.2% in the second quarter. Legal & General Group Plc now owns 8,532 shares of the company’s stock valued at $150,000 after buying an additional 3,240 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Laureate Education in the second quarter valued at $122,000. Nationwide Fund Advisors increased its stake in shares of Laureate Education by 91.2% in the second quarter. Nationwide Fund Advisors now owns 19,600 shares of the company’s stock valued at $344,000 after buying an additional 9,349 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Laureate Education by 12.3% in the second quarter. Wells Fargo & Company MN now owns 86,551 shares of the company’s stock valued at $1,517,000 after buying an additional 9,477 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Laureate Education in the third quarter valued at $138,000. Institutional investors own 28.36% of the company’s stock.
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About Laureate Education
Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).
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