Laureate Education (NASDAQ:LAUR) Stock Rating Lowered by Wall Street Zen

Key Points

• Laureate Education was downgraded from a "strong-buy" to a "buy" rating by Wall Street Zen, while UBS Group set a new "buy" rating and a $35.00 price target.
• The company reported $0.79 earnings per share for the latest quarter, surpassing estimates, along with a revenue of $524.20 million.
• Laureate Education currently has a market cap of $4.40 billion and a 1-year high of $30.47, indicating strong price performance in the stock market.

Laureate Education (NASDAQ:LAUR - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued on Saturday.

Separately, UBS Group initiated coverage on Laureate Education in a report on Friday. They set a "buy" rating and a $35.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Laureate Education presently has an average rating of "Buy" and an average price target of $29.50.

Laureate Education Price Performance

NASDAQ LAUR opened at $29.89 on Friday. The stock's 50-day moving average price is $25.94 and its two-hundred day moving average price is $22.85. 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 cap of $4.40 billion, a PE ratio of 17.58 and a beta of 0.58. Laureate Education has a 1 year low of $15.15 and a 1 year high of $30.47.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.06. The firm 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 business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. On average, analysts predict that Laureate Education will post 1.51 EPS for the current year.

Institutional Investors Weigh In On Laureate Education

Several institutional investors and hedge funds have recently added to or reduced their stakes in LAUR. EverSource Wealth Advisors LLC lifted its holdings in Laureate Education by 328.6% in 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 during the last quarter. Blue Trust Inc. acquired a new stake in Laureate Education in the 1st quarter worth approximately $62,000. Avanza Fonder AB acquired a new stake in Laureate Education in the 1st quarter worth approximately $93,000. CWM LLC lifted its holdings in Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock worth $100,000 after purchasing an additional 3,540 shares during the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in Laureate Education in the 1st quarter worth approximately $102,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.