Laureate Education (NASDAQ:LAUR) Given Buy Rating at Barrington Research

Barrington Research reiterated their buy rating on shares of Laureate Education (NASDAQ:LAUR) in a research note released on Thursday morning, AnalystRatings.com reports. Barrington Research currently has a $22.00 target price on the stock.

LAUR has been the subject of a number of other research reports. Zacks Investment Research downgraded shares of Laureate Education from a buy rating to a hold rating in a research note on Saturday, August 10th. Stifel Nicolaus set a $22.00 target price on shares of Laureate Education and gave the stock a buy rating in a research note on Friday, August 30th. Citigroup reissued a buy rating and set a $22.00 target price (up previously from $19.00) on shares of Laureate Education in a research note on Wednesday, August 28th. BMO Capital Markets lifted their target price on shares of Laureate Education from $18.00 to $20.00 and gave the stock an outperform rating in a research note on Friday, August 9th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Laureate Education from $22.00 to $25.00 and gave the stock an overweight rating in a research note on Wednesday, August 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $21.50.

Shares of LAUR stock traded up $0.06 during trading hours on Thursday, hitting $16.83. 149,054 shares of the company’s stock traded hands, compared to its average volume of 1,192,475. Laureate Education has a 12 month low of $13.58 and a 12 month high of $18.57. The stock’s 50 day simple moving average is $17.14 and its 200 day simple moving average is $16.08. The stock has a market cap of $3.68 billion, a PE ratio of -565.33, a price-to-earnings-growth ratio of 2.09 and a beta of 0.20. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.68.



Laureate Education (NASDAQ:LAUR) last announced 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). Laureate Education had a negative return on equity of 0.85% and a net margin of 28.57%. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $998.46 million. During the same period in the prior year, the business earned $1.00 EPS. Laureate Education’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, equities research analysts expect that Laureate Education will post 0.65 EPS for the current fiscal year.

In other Laureate Education news, Director Saric Ruldolf Christophe Hoehn sold 701,819 shares of Laureate Education stock in a transaction on Monday, June 17th. The shares were sold at an average price of $15.30, for a total value of $10,737,830.70. The transaction was disclosed in a filing 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 on Monday, July 1st. The shares were sold at an average price of $15.81, for a total transaction of $52,931.88. Following the completion of the sale, the chief executive officer now directly owns 33,274 shares of the company’s stock, valued at $526,061.94. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,666,863 shares of company stock valued at $178,518,103. Insiders own 2.97% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the business. New York State Teachers Retirement System bought a new stake in Laureate Education in the second quarter valued at $130,000. SG Americas Securities LLC increased its stake in Laureate Education by 53.6% in the first quarter. SG Americas Securities LLC now owns 10,960 shares of the company’s stock valued at $164,000 after purchasing an additional 3,823 shares in the last quarter. Man Group plc bought a new stake in Laureate Education in the second quarter valued at $192,000. ETRADE Capital Management LLC bought a new stake in Laureate Education in the second quarter valued at $195,000. Finally, CPV Partners LLC bought a new stake in Laureate Education in the second quarter valued at $225,000. 50.43% of the stock is owned by hedge funds and other institutional investors.

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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