Laureate Education (NASDAQ:LAUR) released its earnings results on Tuesday. The company reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.19, RTT News reports. Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the firm earned $0.27 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year.
LAUR stock opened at $13.64 on Wednesday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $2,551.35 and a P/E ratio of -8.97. Laureate Education has a fifty-two week low of $10.46 and a fifty-two week high of $18.96.
A number of equities analysts recently issued reports on the company. ValuEngine downgraded Laureate Education from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Zacks Investment Research downgraded Laureate Education from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $19.00 price target on shares of Laureate Education in a report on Thursday, February 1st. BMO Capital Markets reaffirmed a “buy” rating and issued a $18.00 price target on shares of Laureate Education in a report on Wednesday, January 17th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $18.00 price target on shares of Laureate Education in a report on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. Laureate Education presently has a consensus rating of “Hold” and an average target price of $17.86.
Laureate Education Company Profile
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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