Laureate Education (NASDAQ:LAUR) Upgraded by ValuEngine to “Sell”

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

LAUR has been the subject of several other reports. BMO Capital Markets raised their target price on shares of Laureate Education from $18.00 to $20.00 and gave the stock an outperform rating in a research report on Friday, August 9th. TheStreet cut shares of Laureate Education from a b rating to a c+ rating in a research report on Wednesday, October 9th. Citigroup reissued a buy rating and issued a $22.00 price target (up from $19.00) on shares of Laureate Education in a research note on Wednesday, August 28th. Zacks Investment Research upgraded shares of Laureate Education from a hold rating to a buy rating and set a $17.00 price objective for the company in a report on Friday, November 1st. Finally, BidaskClub upgraded shares of Laureate Education from a sell rating to a hold rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The company has an average rating of Buy and an average target price of $21.33.

LAUR opened at $16.56 on Tuesday. The business has a 50 day simple moving average of $16.29 and a two-hundred day simple moving average of $16.49. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of -552.00, a PEG ratio of 4.07 and a beta of 0.21. 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 one year low of $13.70 and a one year high of $18.57.

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

In other news, Director Sterling Capital Partners Iii sold 997,654 shares of Laureate Education stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $16.72, for a total value of $16,680,774.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Paula R. Singer sold 3,349 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $16.63, for a total transaction of $55,693.87. Following the completion of the transaction, the chief executive officer now owns 23,229 shares in the company, valued at approximately $386,298.27. The disclosure for this sale can be found here. Insiders sold a total of 16,015,201 shares of company stock worth $267,772,683 in the last 90 days. 2.97% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. grew its holdings in shares of Laureate Education by 130.3% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 65,635 shares of the company’s stock valued at $983,000 after buying an additional 37,135 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in Laureate Education during the 2nd quarter valued at $130,000. Bessemer Group Inc. boosted its stake in Laureate Education by 19.2% during the 2nd quarter. Bessemer Group Inc. now owns 147,700 shares of the company’s stock valued at $2,320,000 after purchasing an additional 23,800 shares during the last quarter. Virginia Retirement Systems ET AL bought a new stake in shares of Laureate Education in the 2nd quarter worth $723,000. Finally, Bailard Inc. bought a new stake in shares of Laureate Education in the 2nd quarter worth $377,000. Institutional investors and hedge funds own 56.93% of the company’s stock.

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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