Wall Street analysts expect Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) to report revenue of $210.17 million for the current quarter, according to Zacks Investment Research. Two analysts have released revenue estimates for Laureate Education. The highest sales estimate is $211.90 million and the lowest is $208.43 million. Laureate Education reported sales of $194.70 million in the same quarter last year, suggesting a positive year-over-year growth rate of 7.9%. The company is expected to announce its next earnings report on Thursday, May 5.
On average, analysts expect Laureate Education to report annual revenue of $1.18 billion in the current fiscal year. For next year, analysts expect the company to post sales of $1.24 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts who provide coverage for Laureate Education.
Separately, Zacks Investment Research upgraded Laureate Education shares from a “hold” rating to a “buy” rating and set a target price of $13.00 on the stock in a research note on Saturday.
Shares of LAUR opened at $11.34 on Monday. The company has a 50-day moving average of $12.08. The stock has a market capitalization of $2.06 billion, a P/E ratio of 10.13 and a beta of 0.77. The company has a debt ratio of 0.09, a current ratio of 1.13 and a quick ratio of 1.13. Laureate Education has a 1-year minimum of $9.41 and a 1-year maximum of $19.02.
The company also recently declared a dividend, which was paid on Tuesday, December 28. Shareholders of record on Tuesday, December 14 received a dividend of $0.58 per share. The ex-dividend date was Monday, December 13.
Institutional investors have recently changed their stake in the company. Counterpoint Mutual Funds LLC bought a new position in shares of Laureate Education in the fourth quarter for a value of approximately $31,000. Maverick Capital Ltd. acquired a new stake in Laureate Education in the fourth quarter worth $64,000. Daiwa Securities Group Inc. acquired a new stake in Laureate Education in the third quarter worth $90,000. UBS Group AG increased its holdings in Laureate Education by 3,860.3% in the third quarter. UBS Group AG now owns 5,584 shares of the company valued at $95,000 after acquiring an additional 5,443 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in Laureate Education in the third quarter at a value of $176,000.
Company Profile Laureate Education (Get a rating)
Laureate Education, Inc is committed to providing higher education services to undergraduate and graduate programs. It operates through the following segments: Brazil, Mexico, Rest of the World, Andes and Online & Partnerships. The Brazil, Mexico and Rest of the World segments include public and private higher education institutions.
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