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Laureate Education Inc . (NASDAQ:LAUR) stock soared to a 52-week high, reaching $20.17, marking a significant milestone for the company’s financial performance over the past year. The education provider, with a market capitalization of $2.99 billion and a modest P/E ratio of 12.6, has demonstrated solid fundamentals with 9.25% revenue growth in the last twelve months. This peak reflects a robust 53.36% increase in the stock’s value compared to the same period last year, showcasing strong investor confidence and a positive market outlook for the global education company. The impressive one-year change underscores Laureate Education’s resilience and growth potential in a competitive industry. According to InvestingPro analysis, LAUR appears slightly undervalued at current levels, with 8 additional exclusive ProTips available to subscribers looking to dive deeper into this education sector leader.
In other recent news, Laureate Education has announced an updated employment agreement with its President and CEO, Eilif Serck-Hanssen. The new terms, which take effect from December 12, 2024, include an annual base salary of $1 million, a target bonus of 130% of this salary for fiscal year 2024 and beyond, and a one-time equity grant valued at $5 million in the form of restricted stock units (RSUs). The RSUs will vest half on December 12, 2025, and the other half on December 12, 2026, and will fully vest upon Serck-Hanssen’s termination without cause or due to death or disability. Additionally, Serck-Hanssen will receive an annual long-term incentive equity grant worth 350% of his base salary starting fiscal 2025. The agreement also includes severance benefits in line with the company’s Severance Policy for Executives, and stipulates a six-month written notice period for termination or resignation. These recent developments were disclosed in a press release statement.
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