Laureate Education (NASDAQ:LAUR - Get Free Report) had its target price hoisted by equities researchers at BMO Capital Markets from $21.00 to $23.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' target price would suggest a potential upside of 15.81% from the stock's current price.
Laureate Education Trading Up 0.8 %
Shares of NASDAQ:LAUR traded up $0.16 on Monday, hitting $19.86. 1,177,827 shares of the company's stock were exchanged, compared to its average volume of 672,590. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 10.24 and a beta of 0.84. Laureate Education has a 12 month low of $13.13 and a 12 month high of $21.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The business's 50 day simple moving average is $18.97 and its two-hundred day simple moving average is $17.51.
Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.20. The company had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Analysts anticipate that Laureate Education will post 1.51 EPS for the current fiscal year.
Hedge Funds Weigh In On Laureate Education
Institutional investors have recently made changes to their positions in the company. Mariner LLC grew its holdings in Laureate Education by 3.3% during the 4th quarter. Mariner LLC now owns 16,933 shares of the company's stock worth $310,000 after acquiring an additional 541 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after buying an additional 673 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company's stock worth $368,000 after buying an additional 682 shares during the period. Van ECK Associates Corp boosted its position in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock valued at $36,000 after acquiring an additional 763 shares in the last quarter. Finally, J.Safra Asset Management Corp increased its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after acquiring an additional 866 shares during the period. Hedge funds and other institutional investors own 96.27% of the company's stock.
Laureate Education Company Profile
(
Get Free Report)
Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides 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.
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