Laureate Education (LAUR) Expected to Announce Earnings on Thursday

Laureate Education (NASDAQ:LAUR) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Laureate Education to post earnings of $0.42 per share and revenue of $411.50 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Laureate Education Stock Performance

Shares of LAUR stock opened at $20.30 on Wednesday. The stock has a fifty day moving average of $18.82 and a 200 day moving average of $17.26. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 12.85 and a beta of 0.84. Laureate Education has a 52 week low of $12.59 and a 52 week high of $20.34.

Insider Activity

In related news, Director Corro Pedro Del sold 25,000 shares of Laureate Education stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $19.58, for a total value of $489,500.00. Following the completion of the sale, the director now directly owns 29,686 shares in the company, valued at approximately $581,251.88. This trade represents a 45.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.32% of the company’s stock.

Analysts Set New Price Targets

Separately, BMO Capital Markets increased their price objective on Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, November 1st.

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.