Laureate Education (LAUR) Earns Buy Rating from Piper Jaffray Companies

Piper Jaffray Companies reiterated their buy rating on shares of Laureate Education (NASDAQ:LAUR) in a report issued on Thursday morning. The firm currently has a $19.00 target price on the stock.

Several other equities analysts have also recently issued reports on the stock. BMO Capital Markets restated a buy rating and issued a $18.00 price target on shares of Laureate Education in a research report on Wednesday, January 17th. Zacks Investment Research upgraded shares of Laureate Education from a sell rating to a hold rating in a research report on Wednesday, January 17th. Robert W. Baird reiterated a buy rating and set a $18.00 price objective on shares of Laureate Education in a research report on Wednesday, January 17th. ValuEngine upgraded shares of Laureate Education from a sell rating to a hold rating in a research report on Wednesday, November 29th. Finally, Barclays decreased their price objective on shares of Laureate Education from $17.00 to $15.00 and set an equal weight rating for the company in a research report on Monday, November 20th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $17.28.

Laureate Education (NASDAQ LAUR) opened at $14.20 on Thursday. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.82 and a quick ratio of 0.82. Laureate Education has a 12-month low of $10.46 and a 12-month high of $18.96. The stock has a market cap of $2,660.00 and a P/E ratio of -9.34.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its position in shares of Laureate Education by 692.2% during the second quarter. Goldman Sachs Group Inc. now owns 155,558 shares of the company’s stock worth $2,727,000 after buying an additional 135,921 shares during the period. Swiss National Bank acquired a new stake in Laureate Education in the second quarter worth $926,000. GSA Capital Partners LLP acquired a new stake in Laureate Education in the third quarter worth $406,000. Stifel Financial Corp grew its holdings in Laureate Education by 1,709.1% in the second quarter. Stifel Financial Corp now owns 185,472 shares of the company’s stock worth $3,253,000 after purchasing an additional 175,220 shares during the period. Finally, AHL Partners LLP acquired a new stake in Laureate Education in the second quarter worth $340,000. Institutional investors own 28.37% of the company’s stock.

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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).

Analyst Recommendations for Laureate Education (NASDAQ:LAUR)

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