Laureate Education Inc (NASDAQ:LAUR) shares traded -0.48% lower at $18.74 on Wall Street last session.
LAUR stock price is now 0.72% away from the 50-day moving average and 16.53% away from the 200-day moving average. The market capitalization of the company currently stands at $2.82B.
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With the price target maintained at $17, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Laureate Education Inc (NASDAQ: LAUR). On October 06, 2023, Jefferies recently initiated its ‘Buy’ rating on the stock quoting a target price of $20, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, del Corro Pedro, Director sold 25,000 shares of the company’s stock on Nov 25 ’24. The stock was sold for $489,500 at an average price of $19.58. Upon completion of the transaction, the Director now directly owns 29,686 shares in the company, valued at $0.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, CHIEF OPERATING OFFICER Cardoso Marcelo sold 12,775 shares of the business’s stock. A total of $221,876 was realized by selling the stock at an average price of $17.37. This leaves the insider owning 360,234 shares of the company worth $6.75 million. A total of 15.68% of the company’s stock is owned by insiders.
During the past 12 months, Laureate Education Inc has had a low of $12.52 and a high of $19.98. As of last week, the company has a debt-to-equity ratio of 0.56, a current ratio of 0.63, and a quick ratio of 0.63. The fifty day moving average price for LAUR is $18.6064 and a two-hundred day moving average price translates $16.08145 for the stock.
The latest earnings results from Laureate Education Inc (NASDAQ: LAUR) was released for 2024-09-30. The net profit margin was 15.76% and return on equity was 26.87% for LAUR. The company reported revenue of $368.63 million for the quarter, compared to $361.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.96 percent. For the current quarter, analysts expect LAUR to generate $411.5M in revenue.
