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Brokerages predict that Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) will submit gross sales of $203.82 million for the present fiscal quarter, in accordance to Zacks Investment Research. Two analysts have issued estimates for Laureate Education’s earnings, with the best gross sales estimate coming in at $208.43 million and the bottom estimate coming in at $199.20 million. Laureate Education reported gross sales of $194.70 million throughout the identical quarter final yr, which might recommend a optimistic year-over-year development fee of 4.7%. The firm is anticipated to subject its subsequent earnings outcomes on Thursday, May fifth.
On common, analysts count on that Laureate Education will report full-year gross sales of $1.18 billion for the present yr. For the following monetary yr, analysts anticipate that the enterprise will report gross sales of $1.27 billion, with estimates starting from $1.24 billion to $1.29 billion. Zacks’ gross sales calculations are a imply common primarily based on a survey of analysts that that present protection for Laureate Education.
Separately, Zacks Investment Research raised Laureate Education from a “maintain” score to a “purchase” score and set a $13.00 worth goal on the inventory in a analysis report on Saturday, February twenty sixth.
NASDAQ LAUR opened at $12.49 on Monday. The agency has a market cap of $2.23 billion, a price-to-earnings ratio of 11.15 and a beta of 0.81. Laureate Education has a 1-year low of $9.41 and a 1-year excessive of $19.02. The firm has a fast ratio of 1.46, a present ratio of 1.46 and a debt-to-equity ratio of 0.09. The firm has a 50-day shifting common worth of $12.04.
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In associated information, COO Marcelo Cardoso bought 37,779 shares of the agency’s inventory in a transaction that occurred on Friday, March eleventh. The inventory was bought at a mean worth of $12.26, for a complete transaction of $463,170.54. The transaction was disclosed in a submitting with the Securities & Exchange Commission, which is accessible via the SEC web site. Also, CEO Eilif Serck-Hanssen bought 173,761 shares of the agency’s inventory in a transaction on Wednesday, March ninth. The shares had been bought at a mean worth of $12.01, for a complete worth of $2,086,869.61. The disclosure for this sale could be discovered right here. Corporate insiders personal 2.44% of the corporate’s inventory.
A quantity of hedge funds have not too long ago purchased and bought shares of LAUR. Counterpoint Mutual Funds LLC acquired a brand new stake in shares of Laureate Education within the fourth quarter valued at about $31,000. Maverick Capital Ltd. purchased a brand new stake in shares of Laureate Education within the fourth quarter valued at roughly $64,000. Daiwa Securities Group Inc. lifted its stake in Laureate Education by 34.0% throughout the fourth quarter. Daiwa Securities Group Inc. now owns 7,100 shares of the corporate’s inventory value $87,000 after buying an extra 1,800 shares over the past quarter. UBS Group AG elevated its holdings in shares of Laureate Education by 3,860.3% throughout the third quarter. UBS Group AG now owns 5,584 shares of the corporate’s inventory value $95,000 after shopping for an extra 5,443 shares within the final quarter. Finally, Public Employees Retirement System of Ohio elevated its holdings in shares of Laureate Education by 18.0% throughout the fourth quarter. Public Employees Retirement System of Ohio now owns 11,897 shares of the corporate’s inventory value $146,000 after shopping for an extra 1,815 shares within the final quarter.
About Laureate Education (Get Rating)
Laureate Education, Inc engages within the provision of greater instructional providers to undergraduate and graduate diploma applications. It operates via the next segments: Brazil, Mexico, Rest of the World, Andean, and Online & Partnerships. The Brazil, Mexico, and Rest of the World segments embrace private and non-private greater training establishments.
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