Laureate Education Inc (NASDAQ:LAUR) SVP Juan Jose Hurtado sold 7,500 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $16.84, for a total transaction of $126,300.00. Following the completion of the sale, the senior vice president now directly owns 14,596 shares in the company, valued at approximately $245,796.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of NASDAQ:LAUR traded down $0.03 during trading hours on Friday, hitting $16.78. 1,569,200 shares of the company’s stock traded hands, compared to its average volume of 1,054,540. Laureate Education Inc has a 52 week low of $13.70 and a 52 week high of $18.57. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day simple moving average is $16.04 and its two-hundred day simple moving average is $16.41. The company has a market cap of $3.77 billion, a price-to-earnings ratio of -559.33, a price-to-earnings-growth ratio of 3.94 and a beta of 0.15.
Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.42) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.49). Laureate Education had a net margin of 28.67% and a negative return on equity of 0.22%. The business had revenue of $773.70 million for the quarter, compared to the consensus estimate of $781.12 million. During the same quarter last year, the business posted ($0.42) EPS. The business’s revenue for the quarter was down .6% on a year-over-year basis. On average, analysts anticipate that Laureate Education Inc will post 0.35 EPS for the current fiscal year.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Friday, November 1st. ValuEngine lowered shares of Laureate Education from a “sell” rating to a “strong sell” rating in a research report on Thursday. Citigroup reiterated a “buy” rating and issued a $22.00 target price (up previously from $19.00) on shares of Laureate Education in a research report on Wednesday, August 28th. Stifel Nicolaus set a $22.00 target price on shares of Laureate Education and gave the company a “buy” rating in a research report on Friday, August 30th. Finally, TheStreet lowered shares of Laureate Education from a “b” rating to a “c+” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $21.33.
Laureate Education Company Profile
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. It operates through five segments: Brazil, Mexico, Andean, Rest of World, and Online & Partnerships. The company offers a range of undergraduate and graduate degree programs primarily in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.
Featured Story: Cost of Equity
Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.