Laureate Education (NASDAQ:LAUR) Stock Rating Upgraded by ValuEngine

Laureate Education (NASDAQ:LAUR) was upgraded by investment analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Thursday, ValuEngine reports.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. upped their target price on Laureate Education from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Wednesday, August 28th. Stifel Nicolaus set a $22.00 target price on Laureate Education and gave the company a “buy” rating in a research report on Friday, August 30th. Zacks Investment Research upgraded Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Thursday. BMO Capital Markets upped their target price on Laureate Education from $18.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Finally, Citigroup restated a “buy” rating and set a $22.00 price objective (up from $19.00) on shares of Laureate Education in a research report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $21.33.

NASDAQ:LAUR opened at $15.62 on Thursday. The stock has a fifty day moving average price of $17.14 and a 200-day moving average price of $16.32. The company has a market cap of $3.44 billion, a price-to-earnings ratio of -520.50, a PEG ratio of 1.95 and a beta of 0.17. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.93 and a current ratio of 0.93. Laureate Education has a fifty-two week low of $13.58 and a fifty-two week high of $18.57.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, August 8th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 28.57% and a negative return on equity of 0.85%. The business’s revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share. Research analysts predict that Laureate Education will post 0.65 EPS for the current fiscal year.

In related news, CEO Paula R. Singer sold 3,348 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $18.19, for a total transaction of $60,900.12. Following the completion of the sale, the chief executive officer now directly owns 26,578 shares in the company, valued at approximately $483,453.82. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Paula R. Singer sold 3,349 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $16.63, for a total value of $55,693.87. Following the sale, the chief executive officer now owns 23,229 shares of the company’s stock, valued at $386,298.27. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,007,699 shares of company stock valued at $267,652,310. 2.97% of the stock is owned by corporate insiders.

Hedge funds have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in Laureate Education by 42.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,202,798 shares of the company’s stock worth $18,896,000 after purchasing an additional 357,144 shares in the last quarter. Marshall Wace LLP acquired a new position in Laureate Education in the 2nd quarter worth about $2,163,000. Marshall Wace North America L.P. acquired a new position in Laureate Education in the 2nd quarter worth about $2,011,000. Monarch Partners Asset Management LLC increased its holdings in Laureate Education by 62.3% in the 2nd quarter. Monarch Partners Asset Management LLC now owns 690,564 shares of the company’s stock worth $10,849,000 after purchasing an additional 264,965 shares in the last quarter. Finally, Park West Asset Management LLC increased its holdings in Laureate Education by 160.0% in the 2nd quarter. Park West Asset Management LLC now owns 1,686,650 shares of the company’s stock worth $26,497,000 after purchasing an additional 1,037,950 shares in the last quarter. Institutional investors and hedge funds own 50.03% of the company’s stock.

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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Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

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