Laureate Education (LAUR) Upgraded to “Hold” at ValuEngine

ValuEngine upgraded shares of Laureate Education (NASDAQ:LAUR) from a sell rating to a hold rating in a report released on Wednesday morning.

Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus reissued a buy rating and issued a $18.00 price objective (down previously from $21.00) on shares of Laureate Education in a report on Thursday, November 9th. Piper Jaffray Companies reissued a buy rating and issued a $16.50 price objective on shares of Laureate Education in a report on Friday, November 10th. Morgan Stanley set a $18.00 price objective on Laureate Education and gave the company a buy rating in a report on Thursday, November 16th. Barclays decreased their price objective on Laureate Education from $17.00 to $15.00 and set an equal weight rating for the company in a report on Monday, November 20th. Finally, Zacks Investment Research raised Laureate Education from a sell rating to a hold rating in a report on Wednesday, November 15th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Laureate Education presently has a consensus rating of Buy and an average price target of $16.82.

Laureate Education (NASDAQ LAUR) opened at $13.53 on Wednesday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.82 and a current ratio of 0.82. Laureate Education has a fifty-two week low of $10.46 and a fifty-two week high of $18.96.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data 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). The company had revenue of $983.40 million during the quarter, compared to analyst estimates of $972.59 million. Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. Laureate Education’s revenue was up 5.8% on a year-over-year basis. research analysts anticipate that Laureate Education will post -1.58 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Laureate Education by 4.6% in the 2nd quarter. Vanguard Group Inc. now owns 2,594,713 shares of the company’s stock worth $45,486,000 after purchasing an additional 113,868 shares during the period. Franklin Resources Inc. raised its holdings in Laureate Education by 171.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,171,612 shares of the company’s stock worth $38,068,000 after purchasing an additional 1,372,023 shares during the period. Alyeska Investment Group L.P. raised its holdings in Laureate Education by 52.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,562,135 shares of the company’s stock worth $22,729,000 after purchasing an additional 536,982 shares during the period. Neuberger Berman Group LLC raised its holdings in Laureate Education by 10.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,042 shares of the company’s stock worth $21,884,000 after purchasing an additional 142,733 shares during the period. Finally, Vaughan Nelson Investment Management L.P. raised its holdings 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 worth $20,317,000 after purchasing an additional 196,140 shares during the period. 28.37% of the stock is owned by institutional investors.

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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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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