Laureate Education (NASDAQ:LAUR) Sets New 52-Week High - Here's What Happened

Key Points

• Laureate Education shares reached a new 52-week high of $28.28 amid strong trading activity, closing at $28.15.
• Wall Street Zen upgraded the stock from a "hold" rating to a "strong-buy" rating, reflecting growing analyst confidence with an average target price of $24.00.
• The company reported quarterly earnings of $0.79 per share, surpassing estimates and reflecting a year-over-year revenue increase of 5.0% to $524.20 million.

Laureate Education (NASDAQ:LAUR - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $28.28 and last traded at $28.15, with a volume of 143418 shares changing hands. The stock had previously closed at $27.76.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Laureate Education from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $24.00.

Laureate Education Trading Up 0.3%

The business's 50-day moving average is $25.48 and its two-hundred day moving average is $22.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a market capitalization of $4.36 billion, a PE ratio of 17.42 and a beta of 0.58.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LAUR. EverSource Wealth Advisors LLC raised its stake in Laureate Education by 328.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company's stock valued at $39,000 after purchasing an additional 1,265 shares during the last quarter. Blue Trust Inc. acquired a new position in Laureate Education in the 1st quarter valued at about $62,000. Avanza Fonder AB acquired a new position in Laureate Education in the 1st quarter valued at about $93,000. CWM LLC raised its stake in Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after purchasing an additional 3,540 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in Laureate Education in the 1st quarter valued at about $102,000. Institutional investors and hedge funds 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.