Laureate Education (NASDAQ:LAUR) Sets New 12-Month High at $15.06

Laureate Education, Inc. (NASDAQ:LAUR)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $15.06 and last traded at $14.85, with a volume of 486016 shares traded. The stock had previously closed at $14.23.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Laureate Education from a “c+” rating to a “b” rating in a research note on Monday, February 26th.

Laureate Education Stock Up 5.3 %

The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $2.36 billion, a P/E ratio of 23.41 and a beta of 0.74. The business’s fifty day moving average price is $14.11 and its 200 day moving average price is $13.61.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, May 2nd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. The company had revenue of $275.40 million during the quarter, compared to analyst estimates of $269.35 million. During the same period in the previous year, the company posted ($0.17) earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities research analysts predict that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Quarry LP grew its holdings in Laureate Education by 52.4% during the 4th quarter. Quarry LP now owns 2,683 shares of the company’s stock worth $37,000 after acquiring an additional 923 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Laureate Education by 24.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock valued at $57,000 after purchasing an additional 764 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Laureate Education by 33.0% in the third quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock valued at $93,000 after purchasing an additional 1,633 shares in the last quarter. CenterBook Partners LP bought a new position in Laureate Education in the 4th quarter valued at $195,000. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of Laureate Education by 30.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 16,758 shares of the company’s stock valued at $230,000 after purchasing an additional 3,901 shares during the last quarter. Institutional investors own 96.27% of the company’s stock.

Laureate Education Company Profile

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.