Laureate Education (NASDAQ:LAUR) issued its quarterly earnings data on Thursday. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.30, Bloomberg Earnings reports. Laureate Education had a net margin of 8.69% and a return on equity of 8.41%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the company earned $0.28 EPS. The business’s revenue was down 2.2% on a year-over-year basis.

Shares of Laureate Education traded down $0.38, hitting $16.00, during midday trading on Friday, Marketbeat.com reports. The stock had a trading volume of 1,469,403 shares, compared to its average volume of 419,008. The stock has a market capitalization of $2.77 billion, a PE ratio of -13.33, a PEG ratio of 18.95 and a beta of 1.04. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.64. Laureate Education has a fifty-two week low of $10.46 and a fifty-two week high of $16.99.

In other news, major shareholder Apollo Management Holdings Gp, sold 500,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 16th. The shares were sold at an average price of $14.66, for a total value of $7,330,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.10% of the stock is currently owned by insiders.

LAUR has been the subject of several analyst reports. ValuEngine upgraded shares of Laureate Education from a “strong sell” rating to a “sell” rating in a research note on Friday, April 13th. Citigroup dropped their price objective on shares of Laureate Education to $20.00 and set a “buy” rating for the company in a research note on Tuesday, May 8th. Zacks Investment Research cut shares of Laureate Education from a “hold” rating to a “strong sell” rating in a research note on Friday, May 11th. JPMorgan Chase & Co. lifted their price objective on shares of Laureate Education from $18.00 to $18.50 and gave the stock an “overweight” rating in a research note on Wednesday, May 23rd. Finally, Barrington Research lifted their price objective on shares of Laureate Education from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, May 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Laureate Education has an average rating of “Buy” and a consensus target price of $18.32.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.

Featured Article: Average Daily Trade Volume – What You Need to Know

Earnings History for Laureate Education (NASDAQ:LAUR)

Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.