Shares of Pluralsight Inc (NASDAQ:PS) have been given an average rating of “Buy” by the twelve research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $37.74.
A number of equities research analysts have commented on PS shares. KeyCorp started coverage on Pluralsight in a report on Tuesday, July 16th. They set an “overweight” rating and a $40.00 target price on the stock. Citigroup upgraded China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a report on Tuesday, May 14th. Needham & Company LLC increased their target price on Alteryx to $108.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, Zacks Investment Research cut Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a report on Thursday, May 9th.
In related news, CRO Joseph M. Dibartolomeo sold 1,938 shares of Pluralsight stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $33.44, for a total value of $64,806.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Nate Walkingshaw sold 29,579 shares of Pluralsight stock in a transaction on Tuesday, July 2nd. The shares were sold at an average price of $30.81, for a total value of $911,328.99. The disclosure for this sale can be found here. Insiders sold 182,795 shares of company stock worth $6,055,603 in the last quarter. 23.19% of the stock is owned by insiders.
Shares of PS stock traded down $1.14 during trading hours on Tuesday, reaching $29.57. 1,369,579 shares of the company’s stock were exchanged, compared to its average volume of 1,513,967. The firm has a market cap of $4.09 billion, a P/E ratio of -20.25 and a beta of 1.96. The business’s 50 day simple moving average is $31.07. Pluralsight has a 1 year low of $17.88 and a 1 year high of $38.37. The company has a debt-to-equity ratio of 1.68, a quick ratio of 3.79 and a current ratio of 3.79.
Pluralsight (NASDAQ:PS) last issued its earnings results on Wednesday, May 1st. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.02. Pluralsight had a negative return on equity of 51.53% and a negative net margin of 31.50%. The business had revenue of $69.60 million during the quarter, compared to the consensus estimate of $68.31 million. Pluralsight’s revenue for the quarter was up 40.2% on a year-over-year basis. Sell-side analysts forecast that Pluralsight will post -0.97 EPS for the current fiscal year.
Pluralsight, Inc provides a technology skill development solutions worldwide. Its cloud-based technology skills platform offers a range of tools, including skill and role assessment tool, which uses machine learning and advanced algorithms to measure a user's skills, benchmark that user against others in the industry, and recommend opportunities for growth; and Course Library that include a digital ecosystem of thousands of on-demand courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.
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