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Friday, September 29, 2023

Are Things Looking Up For Laureate Education Inc. (NASDAQ: LAUR)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Laureate Education Inc. (LAUR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.07%, to $14.11. The Laureate Education Inc. has recorded 20,542 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Laureate Education Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2023.

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Stocks Info

The company is listed on the NASDAQ and operates within the Education & Training Services industry segment. At the end of the last regular session, the stock closed at $14.10 and fluctuated between $14.30 as its day high and $13.99 as its day low. The current market capitalization of Laureate Education Inc. is $2.22B. A total of 0.58 million shares were traded on the day, compared to an average of 966.44K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, LAUR has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 1,262 and the disposition of 926 shares. Over the last 12 months, there were 21 BUYs and 15 SELLs from insiders. Insiders purchased 370,124 shares during that period but sold 65,805,196.

In the most recent transaction, Sinkfield Richard Harvey III sold 1,800 shares of LAUR for 14.27 per share on Aug 14. After the transaction, the CHIEF LEGAL OFFICER now owns 66,971 company shares. In a previous transaction on Aug 09, Sinkfield Richard Harvey III sold 9,092 shares at 14.03 per share. LAUR shares that CHIEF LEGAL OFFICER owns now total 68,771.

Among the insiders who sold shares, Knauer Gerard M. disposed of 926 shares on Aug 08 at a per-share price of $14.00. This resulted in the VP, ACCTG, GLOBAL CONTROLLER holding 12,676 shares of LAUR after the transaction. In another insider transaction, Cardoso Marcelo sold 25,300 shares at $11.95 per share on May 11. Company shares held by the CHIEF OPERATING OFFICER now total 139,306.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. LAUR’s most recent ex-dividend date was 11/3/2022 when it declared a $1.36 quarterly dividend that was paid in cash on 11/17/2022. Previously, the company paid the dividend on 10/12/2022 with an ex-dividend date of 9/27/2022. The LAUR stock dividend was $0.83 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for LAUR in the last 3 months, the mean price target is $16.00 with high estimates of $17.00 and low estimates of $15.00. In terms of 52-week highs and lows, LAUR has a high of $14.80 and a low of $9.22.

As of this writing, LAUR has an earnings estimate of $0.19 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.19 per share and a lower estimate of $0.19. The company reported an EPS of -$0.17 in the last quarter, which was -142.90% lower than expectations of -$0.07.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LAUR’s latest balance sheet shows that the firm has $324.80M in Cash & Short Term Investments as of fiscal 2021. There were $569.00M in debt and $642.30M in liabilities at the time. Its Book Value Per Share was $6.19, while its Total Shareholder’s Equity was $1.14B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LAUR is Buy with a score of 4.00.

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