The price of Laureate Education Inc. (NASDAQ:LAUR) shares last traded on Wall Street rose 0.29% to $10.49.
Based on available information, 3 analysts follow Laureate Education Inc. (NASDAQ:LAUR). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $13.50, we find $14.00. Given the previous closing price of $10.46, this indicates a potential upside of 33.84 percent. LAUR stock price is now -2.24% away from the 50-day moving average and 0.97% away from the 200-day moving average. The market capitalization of the company currently stands at $1.70B.
Among analysts, 0 rate the stock a hold while 3 rate it a buy. Brokers who have rated the stock have averaged $14.17 as their price target over the next twelve months.
With the price target maintained at $13, Morgan Stanley recently Upgraded its rating from Equal-Weight to Overweight for Laureate Education Inc. (NASDAQ: LAUR). On April 08, 2020, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock keeping its target price maintained at $13.50, while ‘Barrington Research’ rates the stock as ‘Outperform’.
In other news, KKR 2006 Fund (Overseas), Limi, 10% Owner sold 32,842,183 shares of the company’s stock on Nov 22. The stock was sold for $309,012,100 at an average price of $9.41. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22, 10% Owner KKR Group Partnership L.P. sold 32,842,183 shares of the business’s stock. A total of $309,012,100 was realized by selling the stock at an average price of $9.41. Insiders disposed of 736,512 shares of company stock worth roughly $7.73 million over the past 1 year. A total of 7.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LAUR stock. A new stake in Laureate Education Inc. shares was purchased by RUBRIC CAPITAL MANAGEMENT LP during the first quarter worth $6,876,000. HRT FINANCIAL LP invested $4,170,000 in shares of LAUR during the first quarter. In the first quarter, ALBERTA INVESTMENT MANAGEMENT CORP acquired a new stake in Laureate Education Inc. valued at approximately $2,086,000. DARK FOREST CAPITAL MANAGEMENT LP acquired a new stake in LAUR for approximately $1,503,000. JACOBS LEVY EQUITY MANAGEMENT, INC purchased a new stake in LAUR valued at around $1,079,000 in the second quarter. In total, there are 226 active investors with 78.48% ownership of the company’s stock.
A candlestick chart of Laureate Education Inc. (NASDAQ: LAUR) showed a price of $10.45 on Tuesday morning. During the past 12 months, Laureate Education Inc. has had a low of $8.00 and a high of $12.72. As of last week, the company has a debt-to-equity ratio of 0.14, a current ratio of 0.80, and a quick ratio of 0.80. The fifty day moving average price for LAUR is $11.37 and a two-hundred day moving average price translates $11.68 for the stock.
The latest earnings results from Laureate Education Inc. (NASDAQ: LAUR) was released for Jun, 2022. According to the Education & Training Services Company, earnings per share came in at $0.25, missing analysts’ expectations of $0.42 by -0.17. This compares to $2.00 EPS in the same period last year. The net profit margin was 4.70% and return on equity was 5.50% for LAUR. The company reported revenue of $301.0 million for the quarter, compared to $267.69 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.44 percent. For the current quarter, analysts expect LAUR to generate $292.95M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 11/17/2022. Investors who held shares on 11/04/2022 were paid a $0.68 dividend.
Laureate Education Inc.(LAUR) 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. The company offers a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs. It provides its services in Mexico, Peru, and the United States. The company was formerly known as Sylvan Learning Systems, Inc. and changed its name to Laureate Education, Inc. in May 2004. Laureate Education, Inc. was founded in 1989 and is headquartered in Miami, Florida.