Laureate Education (NASDAQ:LAUR) Reaches New 1-Year High at $14.82

Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report)'s stock price reached a new 52-week high on Friday . The company traded as high as $14.82 and last traded at $14.82, with a volume of 240008 shares changing hands. The stock had previously closed at $14.59.

Analyst Upgrades and Downgrades

Separately, TheStreet raised shares of Laureate Education from a "c+" rating to a "b" rating in a report on Monday, February 26th.

Laureate Education Stock Performance

The firm has a market cap of $2.34 billion, a price-to-earnings ratio of 23.17 and a beta of 0.74. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50. The firm has a fifty day simple moving average of $13.51 and a two-hundred day simple moving average of $13.56.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.03. Laureate Education had a net margin of 7.26% and a return on equity of 12.69%. The company had revenue of $409.40 million during the quarter, compared to analysts' expectations of $390.39 million. During the same period last year, the business earned $0.22 EPS. On average, analysts expect that Laureate Education, Inc. will post 1.22 EPS for the current year.

Institutional Trading of Laureate Education

Large investors have recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of Laureate Education by 380.2% during the second quarter. Quarry LP now owns 2,718 shares of the company's stock worth $33,000 after purchasing an additional 2,152 shares during the period. Royal Bank of Canada raised its position in Laureate Education by 31.9% during the 3rd quarter. Royal Bank of Canada now owns 3,481 shares of the company's stock worth $37,000 after buying an additional 841 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in Laureate Education by 21.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 4,951 shares of the company's stock valued at $60,000 after acquiring an additional 858 shares during the period. US Bancorp DE purchased a new stake in shares of Laureate Education in the 4th quarter valued at $60,000. Finally, Federated Hermes Inc. boosted its holdings in shares of Laureate Education by 178.7% in the 3rd quarter. Federated Hermes Inc. now owns 6,767 shares of the company's stock valued at $71,000 after acquiring an additional 4,339 shares during 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.