Shares of Rosetta Stone Inc (NYSE:RST) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a one year consensus price objective of $11.50 for the company, according to Zacks. Zacks has also assigned Rosetta Stone an industry rank of 158 out of 265 based on the ratings given to its competitors.
Large investors have recently added to or reduced their stakes in the company. Diker Management LLC increased its stake in Rosetta Stone by 5.0% in the third quarter. Diker Management LLC now owns 391,738 shares of the company’s stock valued at $3,322,000 after buying an additional 18,800 shares in the last quarter. State Street Corp increased its stake in Rosetta Stone by 12.1% in the fourth quarter. State Street Corp now owns 252,611 shares of the company’s stock valued at $2,252,000 after buying an additional 27,312 shares in the last quarter. Sterling Capital Management LLC acquired a new stake in Rosetta Stone during the second quarter valued at about $718,000. Prudential Financial Inc. increased its stake in Rosetta Stone by 0.9% in the third quarter. Prudential Financial Inc. now owns 64,660 shares of the company’s stock valued at $548,000 after buying an additional 560 shares in the last quarter. Finally, Strs Ohio increased its stake in Rosetta Stone by 18.1% in the third quarter. Strs Ohio now owns 64,503 shares of the company’s stock valued at $546,000 after buying an additional 9,903 shares in the last quarter. Institutional investors own 73.09% of the company’s stock.
Shares of Rosetta Stone (NYSE:RST) traded up 11.53% on Wednesday, reaching $8.80. 72,030 shares of the company’s stock traded hands. Rosetta Stone has a 52 week low of $6.51 and a 52 week high of $9.28. The company has a 50 day moving average of $7.97 and a 200-day moving average of $8.14. The stock’s market capitalization is $194.16 million.
Rosetta Stone (NYSE:RST) last released its quarterly earnings data on Tuesday, March 14th. The company reported ($0.25) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.62) by $0.37. Rosetta Stone had a negative net margin of 16.65% and a negative return on equity of 190.45%. The company earned $51.67 million during the quarter, compared to the consensus estimate of $48.05 million. During the same period in the previous year, the firm earned ($0.52) earnings per share. Rosetta Stone’s revenue for the quarter was down 10.9% on a year-over-year basis. Equities research analysts forecast that Rosetta Stone will post ($1.62) earnings per share for the current year.
About Rosetta Stone
Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.
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