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

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) shares hit a new 52-week high 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 Ratings Changes

Separately, Wall Street Zen upgraded Laureate Education from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $24.00.

Laureate Education Price Performance

The stock has a 50 day moving average price of $25.15 and a two-hundred day moving average price of $22.38. 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 company has a market capitalization of $4.24 billion, a PE ratio of 16.92 and a beta of 0.58.

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

Institutional Investors Weigh In On Laureate Education

A number of hedge funds and other institutional investors have recently made changes to their positions in LAUR. EverSource Wealth Advisors LLC raised its stake in shares of Laureate Education by 328.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company's stock worth $39,000 after purchasing an additional 1,265 shares in the last quarter. Blue Trust Inc. bought a new position in shares of Laureate Education in the 1st quarter valued at approximately $62,000. Avanza Fonder AB bought a new position in shares of Laureate Education in the 1st quarter valued at approximately $93,000. CWM LLC raised its stake in shares of 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 acquiring an additional 3,540 shares in the last quarter. Finally, FNY Investment Advisers LLC bought a new position in shares of Laureate Education in the 1st quarter valued at approximately $102,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.

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