Analysts Expect Rosetta Stone (RST) to Announce ($0.62) Earnings Per Share
Rosetta Stone (NYSE:RST) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy rating.
Brokerages have set a 1 year consensus price objective of $11.50 for the company and are anticipating that the company will post ($0.62) earnings per share for the current quarter, according to Zacks. Zacks has also given Rosetta Stone an industry rank of 154 out of 265 based on the ratings given to related companies.
RST has been the topic of several research reports. Zacks Investment Research raised Rosetta Stone from a “hold” rating to a “buy” rating and set a $9.00 price objective on the stock in a research report on Wednesday, September 28th. Barrington Research upgraded Rosetta Stone from a “market perform” rating to an “outperform” rating in a research note on Thursday, October 20th.
Hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company acquired a new stake in shares of Rosetta Stone during the third quarter valued at $128,000. Rhumbline Advisers acquired a new stake in shares of Rosetta Stone during the second quarter valued at $140,000. Cornerstone Capital Management Holdings LLC. increased its stake in shares of Rosetta Stone by 49.2% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 19,550 shares of the company’s stock valued at $164,000 after buying an additional 6,450 shares in the last quarter. A.R.T. Advisors LLC acquired a new stake in shares of Rosetta Stone during the second quarter valued at $164,000. Finally, American Century Companies Inc. acquired a new stake in shares of Rosetta Stone during the second quarter valued at $166,000. Institutional investors own 71.47% of the company’s stock.
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Shares of Rosetta Stone (NYSE:RST) opened at 8.59 on Monday. The stock’s market capitalization is $189.53 million. Rosetta Stone has a 1-year low of $6.17 and a 1-year high of $9.28. The firm’s 50-day moving average price is $8.58 and its 200 day moving average price is $8.20.
Rosetta Stone (NYSE:RST) last released its quarterly earnings data on Monday, November 7th. The company reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.31. Rosetta Stone had a negative return on equity of 190.45% and a negative net margin of 16.65%. The company had revenue of $48.70 million for the quarter, compared to analyst estimates of $45.57 million. During the same period last year, the company posted ($0.34) earnings per share. The firm’s revenue was down 2.2% compared to the same quarter last year. Analysts expect that Rosetta Stone will post ($1.62) EPS for the current fiscal year.
Rosetta Stone Company Profile
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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