Laureate Education (NASDAQ:LAUR) Price Target Raised to $23.00 at BMO Capital Markets

Laureate Education (NASDAQ:LAUR) had its target price upped by BMO Capital Markets from $21.00 to $23.00 in a research report issued on Monday,Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential upside of 19.85% from the company’s previous close.

Laureate Education Stock Performance

Shares of LAUR stock opened at $19.19 on Monday. Laureate Education has a one year low of $12.97 and a one year high of $21.73. The company’s 50-day moving average is $18.92 and its 200 day moving average is $17.47. The company has a market capitalization of $2.89 billion, a price-to-earnings ratio of 9.89 and a beta of 0.84. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Sell-side analysts expect that Laureate Education will post 1.51 EPS for the current fiscal year.

Institutional Trading of Laureate Education

Institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its holdings in shares of Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock valued at $36,000 after acquiring an additional 763 shares during the last quarter. J.Safra Asset Management Corp boosted its holdings in shares of Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after acquiring an additional 866 shares during the last quarter. KBC Group NV boosted its holdings in shares of Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after acquiring an additional 1,564 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in shares of Laureate Education during the 3rd quarter valued at about $95,000. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock valued at $128,000 after acquiring an additional 673 shares during the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Laureate Education Company Profile

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.