Laureate Education Inc. (LAUR) Lowered to “Sell” at ValuEngine

ValuEngine lowered shares of Laureate Education Inc. (NASDAQ:LAUR) from a hold rating to a sell rating in a research report sent to investors on Friday morning.

Other research analysts also recently issued research reports about the company. Piper Jaffray Companies reiterated a buy rating and set a $19.00 target price on shares of Laureate Education in a report on Friday, July 21st. Credit Suisse Group reduced their target price on Laureate Education from $20.00 to $19.00 and set an outperform rating on the stock in a report on Thursday, November 9th. Stifel Nicolaus reiterated a buy rating and set a $18.00 target price (down previously from $21.00) on shares of Laureate Education in a report on Thursday, November 9th. BMO Capital Markets reduced their target price on Laureate Education from $18.00 to $17.00 and set an outperform rating on the stock in a report on Thursday, November 9th. Finally, Zacks Investment Research downgraded Laureate Education from a hold rating to a sell rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $16.98.

Laureate Education (NASDAQ LAUR) opened at $11.13 on Friday. Laureate Education has a twelve month low of $11.03 and a twelve month high of $18.96. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.94.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Wednesday, November 8th. The company reported ($1.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.41). Laureate Education had a negative return on equity of 2.66% and a negative net margin of 1.47%. The firm had revenue of $983.40 million for the quarter, compared to analysts’ expectations of $972.59 million. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. equities analysts anticipate that Laureate Education will post -0.98 earnings per share for the current year.

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In other news, COO Ricardo M. Berckemeyer sold 47,983 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $14.29, for a total value of $685,677.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 13.10% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Laureate Education by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 2,594,713 shares of the company’s stock valued at $45,486,000 after acquiring an additional 113,868 shares in the last quarter. Franklin Resources Inc. lifted its position in Laureate Education by 171.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,171,612 shares of the company’s stock valued at $38,068,000 after acquiring an additional 1,372,023 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its position in Laureate Education by 16.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,396,390 shares of the company’s stock valued at $20,317,000 after acquiring an additional 196,140 shares in the last quarter. Neuberger Berman Group LLC lifted its position in Laureate Education by 33.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,361,309 shares of the company’s stock valued at $23,864,000 after acquiring an additional 343,649 shares in the last quarter. Finally, Hood River Capital Management LLC lifted its position in Laureate Education by 9.0% in the 2nd quarter. Hood River Capital Management LLC now owns 1,350,934 shares of the company’s stock valued at $23,682,000 after acquiring an additional 111,506 shares in the last quarter. 20.77% of the stock is currently owned by institutional investors and hedge funds.

About Laureate Education

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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