Laureate Education (NASDAQ:LAUR) Coverage Initiated by Analysts at UBS Group

Key Points

• UBS Group has initiated coverage on Laureate Education (NASDAQ:LAUR) with a "buy" rating and a price target of $35.00, indicating a potential upside of 18.2% from its current price.
• Laureate Education's stock has recently been upgraded to a "strong-buy" rating by Wall Street Zen, contributing to an overall average rating of "Buy" among analysts.
• In its most recent earnings report, Laureate Education reported $0.79 earnings per share, exceeding analysts' expectations, with revenue increasing by 5% year-over-year to $524.20 million.

Stock analysts at UBS Group assumed coverage on shares of Laureate Education (NASDAQ:LAUR - Get Free Report) in a note issued to investors on Friday, MarketBeat.com reports. The brokerage set a "buy" rating and a $35.00 price target on the stock. UBS Group's target price indicates a potential upside of 13.77% from the stock's previous close.

Separately, Wall Street Zen raised Laureate Education from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $29.50.

Laureate Education Stock Up 0.0%

NASDAQ LAUR traded up $0.02 during trading on Friday, hitting $30.77. 264,332 shares of the company traded hands, compared to its average volume of 873,200. Laureate Education has a 12 month low of $15.15 and a 12 month high of $31.07. The business has a fifty day simple moving average of $26.08 and a 200 day simple moving average of $22.98. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $4.53 billion, a P/E ratio of 18.14 and a beta of 0.58.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The company had revenue of $524.20 million for the quarter, compared to the consensus estimate of $502.00 million. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The firm's revenue was up 5.0% compared to the same quarter last year. During the same period last year, the business posted $0.65 earnings per share. Laureate Education has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that Laureate Education will post 1.51 EPS for the current year.

Institutional Trading of Laureate Education

Several institutional investors and hedge funds have recently made changes to their positions in LAUR. Bank of America Corp DE raised its position in shares of Laureate Education by 0.9% during the 4th quarter. Bank of America Corp DE now owns 188,576 shares of the company's stock valued at $3,449,000 after acquiring an additional 1,634 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Laureate Education by 94.7% in the 4th quarter. Millennium Management LLC now owns 237,632 shares of the company's stock valued at $4,346,000 after buying an additional 115,606 shares during the period. Nuveen Asset Management LLC grew its holdings in shares of Laureate Education by 12.3% in the 4th quarter. Nuveen Asset Management LLC now owns 1,264,968 shares of the company's stock valued at $23,136,000 after buying an additional 138,135 shares during the period. ProShare Advisors LLC grew its holdings in shares of Laureate Education by 44.7% in the 4th quarter. ProShare Advisors LLC now owns 36,687 shares of the company's stock valued at $671,000 after buying an additional 11,341 shares during the period. Finally, Two Sigma Investments LP grew its holdings in shares of Laureate Education by 43.3% in the 4th quarter. Two Sigma Investments LP now owns 91,659 shares of the company's stock valued at $1,676,000 after buying an additional 27,699 shares during the period. Institutional investors own 96.27% of the company's stock.

About Laureate Education

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.