Laureate Education (LAUR) Rating Lowered to Sell at ValuEngine

ValuEngine downgraded shares of Laureate Education (NASDAQ:LAUR) from a hold rating to a sell rating in a research report report published on Friday, November 10th.

A number of other research firms have also issued reports on LAUR. Zacks Investment Research lowered shares of Laureate Education from a hold rating to a sell rating in a research note on Wednesday, November 1st. Piper Jaffray Companies reissued a buy rating and set a $19.00 target price on shares of Laureate Education in a research note on Friday, July 21st. Stifel Nicolaus reissued a buy rating and set a $18.00 target price (down from $21.00) on shares of Laureate Education in a research note on Thursday, November 9th. Credit Suisse Group dropped their price target on shares of Laureate Education from $20.00 to $19.00 and set an outperform rating on the stock in a research report on Thursday, November 9th. Finally, BMO Capital Markets dropped their price target on shares of Laureate Education from $18.00 to $17.00 and set an outperform rating on the stock in a research report on Thursday, November 9th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Laureate Education presently has an average rating of Buy and an average price target of $16.82.

Laureate Education (NASDAQ:LAUR) traded up $0.20 during trading on Friday, reaching $13.60. 1,142,900 shares of the company’s stock were exchanged, compared to its average volume of 618,053. 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 52-week low of $10.46 and a 52-week high of $18.96.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Wednesday, November 8th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.41). The firm had revenue of $983.40 million for the quarter, compared to analyst estimates of $972.59 million. Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. Laureate Education’s revenue for the quarter was up 5.8% on a year-over-year basis. equities analysts forecast that Laureate Education will post -1.58 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in the business. GSA Capital Partners LLP bought a new stake in shares of Laureate Education in the 3rd quarter worth approximately $406,000. Neuberger Berman Group LLC raised its holdings in shares of Laureate Education by 10.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,042 shares of the company’s stock worth $21,884,000 after purchasing an additional 142,733 shares in the last quarter. Pacific Grove Capital LP bought a new stake in shares of Laureate Education in the 3rd quarter worth approximately $1,764,000. Highbridge Capital Management LLC bought a new stake in shares of Laureate Education in the 3rd quarter worth approximately $402,000. Finally, Alyeska Investment Group L.P. raised its holdings in shares of Laureate Education by 52.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,562,135 shares of the company’s stock worth $22,729,000 after purchasing an additional 536,982 shares in the last quarter. Institutional investors own 28.37% of the company’s stock.

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Laureate Education Company Profile

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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Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

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