In a report released today, Jeffrey Silber from BMO Capital maintained a Buy rating on Laureate Education (LAUR – Research Report), with a price target of $15.00. The company’s shares closed last Friday at $11.18.
Silber covers the Services sector, focusing on stocks such as ASGN, ManpowerGroup, and Grand Canyon Education. According to TipRanks, Silber has an average return of 13.6% and a 65.11% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Laureate Education with a $15.25 average price target.
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Based on Laureate Education’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $209.56 million and a GAAP net loss of $44.21 million. In comparison, last year the company earned revenue of $194.7 million and had a GAAP net loss of $164.93 million
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LAUR in relation to earlier this year.
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Laureate Education, Inc. engages in the provision of higher educational services to undergraduate and graduate degree programs. It operates through the following segments: Online & Partnerships, Brazil, Mexico, Rest of the World, and Andean. The firm offers different fields of study including business, education, engineering, information technology, law, and medicine through Laureate International Universities network. The company was founded by Douglas L. Becker in 1989 and is headquartered in Baltimore, MD.
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