Laureate Education (NASDAQ:LAUR) Hits New 1-Year High - Should You Buy?

Key Points

• Laureate Education shares reached a new 52-week high of $30.82, indicating a strong performance with a significant trading volume of 1,274,885 shares.
• Analysts have mixed ratings for the stock, with Wall Street Zen downgrading it to "buy" and UBS Group setting a buy rating with a target price of $35.00.
• The company recently reported earnings of $0.79 per share, exceeding estimates, and had revenue of $524.20 million, marking a 5% increase year-over-year.

Laureate Education (NASDAQ:LAUR - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $30.82 and last traded at $30.75, with a volume of 1274885 shares. The stock had previously closed at $29.89.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Laureate Education from a "strong-buy" rating to a "buy" rating in a report on Saturday. UBS Group assumed coverage on shares of Laureate Education in a report on Friday. They set a "buy" rating and a $35.00 price objective for the company. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $29.50.

Laureate Education Stock Performance

The business's 50-day moving average price is $26.08 and its 200-day moving average price is $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 stock has a market cap of $4.53 billion, a PE ratio of 18.09 and a beta of 0.58.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Laureate Education by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,598 shares of the company's stock worth $318,000 after acquiring an additional 480 shares in the last quarter. DNB Asset Management AS increased its holdings in Laureate Education by 0.5% in the 2nd quarter. DNB Asset Management AS now owns 113,443 shares of the company's stock worth $2,652,000 after acquiring an additional 563 shares in the last quarter. Mackenzie Financial Corp increased its holdings in Laureate Education by 2.8% in the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company's stock worth $481,000 after acquiring an additional 631 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Laureate Education by 11.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 6,031 shares of the company's stock worth $141,000 after acquiring an additional 636 shares in the last quarter. Finally, California State Teachers Retirement System increased its holdings in Laureate Education by 0.5% in the 2nd quarter. California State Teachers Retirement System now owns 126,399 shares of the company's stock worth $2,955,000 after acquiring an additional 658 shares in the last quarter. Hedge funds and other 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.

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