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

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

Other analysts have also recently issued reports about the stock. Citigroup restated a buy rating and issued a $22.00 price target (up from $19.00) on shares of Laureate Education in a report on Wednesday, August 28th. BidaskClub cut shares of Laureate Education from a hold rating to a sell rating in a report on Saturday, October 12th. Zacks Investment Research upgraded shares of Laureate Education from a hold rating to a buy rating and set a $17.00 price target on the stock in a report on Friday, November 1st. TheStreet cut shares of Laureate Education from a b rating to a c+ rating in a report on Wednesday, October 9th. Finally, Barrington Research restated a buy rating and issued a $22.00 price target on shares of Laureate Education in a report on Thursday, September 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. Laureate Education currently has an average rating of Buy and a consensus target price of $21.33.

Shares of NASDAQ:LAUR traded up $0.03 during trading on Thursday, reaching $16.81. The stock had a trading volume of 1,319,800 shares, compared to its average volume of 1,055,738. Laureate Education has a one year low of $13.70 and a one year high of $18.57. The company has a market capitalization of $3.67 billion, a P/E ratio of -560.33, a PEG ratio of 3.95 and a beta of 0.15. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.70. The firm’s 50-day simple moving average is $16.04 and its 200 day simple moving average is $16.43.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings results on Wednesday, November 6th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.49). Laureate Education had a net margin of 28.67% and a negative return on equity of 0.22%. The firm had revenue of $773.70 million during the quarter, compared to the consensus estimate of $781.12 million. During the same quarter in the prior year, the business posted ($0.42) earnings per share. The firm’s quarterly revenue was down .6% on a year-over-year basis. Equities research analysts forecast that Laureate Education will post 0.35 earnings per share for the current fiscal year.

In related 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 value of $126,300.00. Following the completion of the sale, the senior vice president now directly owns 14,596 shares in the company, valued at approximately $245,796.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Paula R. Singer sold 3,348 shares of Laureate Education stock in a transaction that occurred 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 owns 26,578 shares of the company’s stock, valued at $483,453.82. The disclosure for this sale can be found here. Insiders sold a total of 16,015,200 shares of company stock valued at $267,775,478 over the last quarter. 2.97% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Laureate Education by 130.3% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 65,635 shares of the company’s stock worth $983,000 after acquiring an additional 37,135 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Laureate Education during the 2nd quarter worth $233,000. New York State Teachers Retirement System bought a new stake in shares of Laureate Education during the 2nd quarter worth $130,000. Bessemer Group Inc. lifted its holdings in shares of Laureate Education by 19.2% during the 2nd quarter. Bessemer Group Inc. now owns 147,700 shares of the company’s stock worth $2,320,000 after acquiring an additional 23,800 shares during the last quarter. Finally, SG Capital Management LLC bought a new stake in shares of Laureate Education during the 2nd quarter worth $19,252,000. Institutional investors own 52.06% 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.

Further Reading: G-20

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.