Laureate Education (LAUR) Getting Positive Press Coverage, Study Finds
Media stories about Laureate Education (NASDAQ:LAUR) have been trending positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Laureate Education earned a news impact score of 0.38 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.1458233872437 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Patrick Richards seeking re-election in Bel Air [Letter] – The Aegis – Baltimore Sun (baltimoresun.com)
- Laureate Education (LAUR) and K12 (LRN) Head to Head Survey (americanbankingnews.com)
- Zacks: Brokerages Expect Laureate Education Inc. (LAUR) to Post -$0.61 Earnings Per Share (americanbankingnews.com)
- Laureate Education Inc. (LAUR) Scheduled to Post Quarterly Earnings on Wednesday (americanbankingnews.com)
- Bel Air residents will elect two Town Board members Nov. 7 (baltimoresun.com)
Laureate Education (LAUR) traded down $0.02 during trading hours on Friday, hitting $13.25. The company’s stock had a trading volume of 217,667 shares, compared to its average volume of 313,850. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.88 and a current ratio of 0.88.
Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25). The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.24 billion. Laureate Education’s revenue for the quarter was up 3.7% on a year-over-year basis. sell-side analysts forecast that Laureate Education will post -0.94 earnings per share for the current fiscal year.
A number of brokerages have issued reports on LAUR. Piper Jaffray Companies reaffirmed a “buy” rating and set a $19.00 price target on shares of Laureate Education in a research report on Friday, July 21st. Stifel Nicolaus reaffirmed a “buy” rating and set a $21.00 price target (up previously from $20.00) on shares of Laureate Education in a research report on Friday, July 7th. Finally, Zacks Investment Research lowered Laureate Education from a “hold” rating to a “sell” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $17.28.
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In other news, COO Ricardo M. Berckemeyer sold 47,983 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $14.29, for a total transaction of $685,677.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard J. Patro sold 16,383 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $15.21, for a total transaction of $249,185.43. The disclosure for this sale can be found here. 13.10% of the stock is owned by insiders.
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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