Zacks Investment Research downgraded shares of Laureate Education (NASDAQ:LAUR) from a hold rating to a sell rating in a report published on Wednesday.

According to Zacks, “Laureate Education, Inc. is a degree-granting higher education institutions. The company offers high-quality undergraduate, graduate and specialized programs. Laureate Education, Inc. is headquartered in Baltimore, Maryland. “

A number of other brokerages also recently weighed in on LAUR. Stifel Nicolaus reissued a buy rating and issued a $18.00 price target (down from $21.00) on shares of Laureate Education in a report on Thursday, November 9th. ValuEngine downgraded shares of Laureate Education from a hold rating to a sell rating in a report on Friday, November 10th. Morgan Stanley set a $18.00 price objective on shares of Laureate Education and gave the company a buy rating in a research note on Thursday, November 16th. Credit Suisse Group reduced their price objective on shares of Laureate Education from $20.00 to $19.00 and set an outperform rating for the company in a research note on Thursday, November 9th. Finally, Piper Jaffray Companies reaffirmed a buy rating and set a $16.50 price objective on shares of Laureate Education in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. Laureate Education presently has a consensus rating of Buy and a consensus price target of $16.82.

Shares of Laureate Education (NASDAQ:LAUR) traded up $0.29 during midday trading on Wednesday, reaching $15.67. 397,762 shares of the company’s stock were exchanged, compared to its average volume of 600,769. Laureate Education has a 52 week low of $10.46 and a 52 week high of $18.96. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.82 and a quick ratio of 0.82.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported ($1.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.61) by ($0.41). Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. The business had revenue of $983.40 million during the quarter, compared to analyst estimates of $972.59 million. Laureate Education’s revenue for the quarter was up 5.8% on a year-over-year basis. equities research analysts forecast that Laureate Education will post -1.58 EPS for the current year.

Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in Laureate Education by 692.2% during the second quarter. Goldman Sachs Group Inc. now owns 155,558 shares of the company’s stock valued at $2,727,000 after buying an additional 135,921 shares in the last quarter. Swiss National Bank purchased a new stake in Laureate Education during the second quarter valued at about $926,000. Stifel Financial Corp lifted its stake in Laureate Education by 1,709.1% during the second quarter. Stifel Financial Corp now owns 185,472 shares of the company’s stock valued at $3,253,000 after buying an additional 175,220 shares in the last quarter. AHL Partners LLP purchased a new stake in Laureate Education during the second quarter valued at about $340,000. Finally, Highbridge Capital Management LLC acquired a new position in shares of Laureate Education in the 3rd quarter valued at about $402,000. 28.36% of the stock is owned by institutional investors.

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Laureate Education Company Profile

Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).

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