Laureate Education (NASDAQ:LAUR) Sets New 52-Week High at $14.97

Laureate Education, Inc. (NASDAQ:LAUR)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $14.97 and last traded at $14.89, with a volume of 303016 shares changing hands. The stock had previously closed at $14.45.

Wall Street Analyst Weigh In

Separately, TheStreet upgraded Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

Laureate Education Trading Up 2.4 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50. The company has a market cap of $2.33 billion, a P/E ratio of 23.06 and a beta of 0.74. The stock’s 50-day moving average is $13.92 and its two-hundred day moving average is $13.60.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. The firm had revenue of $409.40 million for the quarter, compared to analysts’ expectations of $390.39 million. During the same period in the prior year, the firm earned $0.22 EPS. As a group, equities research analysts predict that Laureate Education, Inc. will post 1.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Laureate Education

A number of large investors have recently made changes to their positions in the company. Quarry LP boosted its holdings in shares of Laureate Education by 52.4% in the fourth quarter. Quarry LP now owns 2,683 shares of the company’s stock worth $37,000 after buying an additional 923 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Laureate Education by 24.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock worth $57,000 after acquiring an additional 764 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Laureate Education by 33.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock valued at $93,000 after acquiring an additional 1,633 shares during the period. Counterpoint Mutual Funds LLC bought a new stake in shares of Laureate Education during the 3rd quarter valued at $113,000. Finally, CenterBook Partners LP purchased a new stake in shares of Laureate Education in the 4th quarter worth $195,000. 96.27% of the stock is currently owned by institutional investors.

About Laureate Education

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.