Laureate Education (NASDAQ:LAUR) Hits New 52-Week High at $15.06

Laureate Education, Inc. (NASDAQ:LAUR)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $15.06 and last traded at $14.85, with a volume of 486016 shares traded. The stock had previously closed at $14.23.

Wall Street Analyst Weigh In

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

Laureate Education Price Performance

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 stock’s fifty day simple moving average is $14.11 and its 200-day simple moving average is $13.60. The company has a market capitalization of $2.36 billion, a P/E ratio of 20.24 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, May 2nd. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12). The business had revenue of $275.40 million for the quarter, compared to the consensus estimate of $269.35 million. Laureate Education had a net margin of 8.19% and a return on equity of 13.87%. Laureate Education’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.17) EPS. On average, equities analysts forecast that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Institutional Trading of Laureate Education

A number of hedge funds have recently bought and sold shares of LAUR. Vanguard Group Inc. raised its position in shares of Laureate Education by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,094,408 shares of the company’s stock valued at $193,234,000 after buying an additional 108,259 shares during the last quarter. Wellington Management Group LLP increased its stake in Laureate Education by 28.9% during the third quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock valued at $100,723,000 after acquiring an additional 1,599,817 shares during the period. Van Berkom & Associates Inc. raised its holdings in Laureate Education by 8.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock valued at $100,475,000 after acquiring an additional 531,670 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Laureate Education by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,965,619 shares of the company’s stock worth $95,498,000 after acquiring an additional 56,458 shares during the period. Finally, Boston Partners grew its holdings in shares of Laureate Education by 25.6% during the 3rd quarter. Boston Partners now owns 5,124,756 shares of the company’s stock worth $72,288,000 after purchasing an additional 1,045,373 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

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.