Equities analysts expect Laureate Education Inc (NASDAQ:LAUR) to post earnings of $0.31 per share for the current quarter, according to Zacks. Four analysts have made estimates for Laureate Education’s earnings. The lowest EPS estimate is $0.08 and the highest is $0.48. Laureate Education reported earnings of $0.33 per share during the same quarter last year, which would indicate a negative year over year growth rate of 6.1%. The firm is expected to report its next earnings report on Tuesday, March 27th.
According to Zacks, analysts expect that Laureate Education will report full-year earnings of ($1.58) per share for the current financial year, with EPS estimates ranging from ($1.64) to ($1.52). For the next year, analysts expect that the firm will post earnings of $0.52 per share, with EPS estimates ranging from ($0.02) to $0.80. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Laureate Education.
LAUR has been the topic of several recent analyst reports. Piper Jaffray Companies restated a “buy” rating and set a $16.50 price objective on shares of Laureate Education in a report on Friday, November 10th. ValuEngine cut Laureate Education from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. BMO Capital Markets reissued a “buy” rating and issued a $18.00 price target on shares of Laureate Education in a research note on Wednesday, January 17th. Morgan Stanley set a $18.00 price target on Laureate Education and gave the company a “buy” rating in a research note on Thursday, November 16th. Finally, Zacks Investment Research raised Laureate Education from a “sell” rating to a “hold” rating in a research note on Wednesday, January 17th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $17.56.
A number of institutional investors have recently made changes to their positions in the business. Rhumbline Advisers boosted its position in Laureate Education by 16.3% during the fourth quarter. Rhumbline Advisers now owns 53,458 shares of the company’s stock worth $725,000 after purchasing an additional 7,502 shares during the period. Nationwide Fund Advisors lifted its holdings in shares of Laureate Education by 91.2% during the second quarter. Nationwide Fund Advisors now owns 19,600 shares of the company’s stock worth $344,000 after buying an additional 9,349 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Laureate Education during the third quarter worth approximately $138,000. Pitcairn Co. acquired a new position in shares of Laureate Education during the fourth quarter worth approximately $143,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Laureate Education during the fourth quarter worth approximately $149,000. 30.16% of the stock is owned by hedge funds and other institutional investors.
Laureate Education (LAUR) traded up $0.03 during midday trading on Friday, reaching $14.04. The company’s stock had a trading volume of 122,914 shares, compared to its average volume of 430,921. 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 12-month low of $10.46 and a 12-month high of $18.96.
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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).
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