Pluralsight (NASDAQ:PS) issued an update on its first quarter 2020
After-Hours earnings guidance on Wednesday morning. The company provided EPS guidance of -0.14–0.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.14. The company issued revenue guidance of $88-89 million, compared to the consensus revenue estimate of $87.42 million.Pluralsight also updated its FY 2020
After-Hours guidance to -0.5–0.45 EPS.

Pluralsight stock traded down $0.07 during mid-day trading on Friday, reaching $18.66. 1,808,316 shares of the company’s stock were exchanged, compared to its average volume of 1,478,001. The business’s fifty day simple moving average is $18.78 and its 200 day simple moving average is $17.68. The firm has a market capitalization of $2.81 billion, a PE ratio of -16.81 and a beta of 2.14. Pluralsight has a one year low of $14.84 and a one year high of $35.70. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 1.80.

Pluralsight (NASDAQ:PS) last issued its quarterly earnings results on Wednesday, February 12th. The company reported ($0.09) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.32) by $0.23. The business had revenue of $88.80 million for the quarter, compared to analyst estimates of $87.22 million. Pluralsight had a negative return on equity of 46.91% and a negative net margin of 32.59%. Pluralsight’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same period last year, the company posted ($0.09) earnings per share. On average, sell-side analysts forecast that Pluralsight will post -1.03 earnings per share for the current year.

A number of analysts recently commented on PS shares. Barrington Research reiterated a buy rating and set a $26.00 price target on shares of Pluralsight in a report on Friday, February 7th. William Blair started coverage on Pluralsight in a report on Wednesday, January 8th. They set an outperform rating on the stock. Needham & Company LLC reiterated a buy rating and set a $25.00 price target on shares of Pluralsight in a report on Wednesday, February 5th. Morgan Stanley started coverage on Pluralsight in a report on Monday, November 25th. They set an equal weight rating and a $20.00 price target on the stock. Finally, KeyCorp dropped their price target on Pluralsight from $24.00 to $22.00 and set an overweight rating on the stock in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $25.33.

In other Pluralsight news, insider Nate Walkingshaw sold 6,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $19.50, for a total value of $117,000.00. Following the completion of the sale, the insider now directly owns 200,090 shares of the company’s stock, valued at $3,901,755. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 16,000 shares of company stock valued at $284,150 over the last three months. Company insiders own 23.19% of the company’s stock.

Pluralsight Company Profile

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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