Rosetta Stone (RST) Getting Somewhat Positive Press Coverage, Study Shows
Media headlines about Rosetta Stone (NYSE:RST) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rosetta Stone earned a news impact score of 0.19 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 46.7489951276545 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several equities analysts recently commented on RST shares. Zacks Investment Research upgraded shares of Rosetta Stone from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Wednesday, May 16th. Dougherty & Co reiterated a “buy” rating on shares of Rosetta Stone in a research note on Tuesday, June 26th. ValuEngine upgraded shares of Rosetta Stone from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 11th. Finally, TheStreet cut shares of Rosetta Stone from a “c” rating to a “d-” rating in a research note on Friday, June 1st. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Rosetta Stone has a consensus rating of “Buy” and an average price target of $16.67.
Shares of RST stock traded down $0.14 during mid-day trading on Friday, reaching $15.81. The company’s stock had a trading volume of 2,244 shares, compared to its average volume of 117,771. Rosetta Stone has a 1-year low of $8.70 and a 1-year high of $17.49. The stock has a market cap of $364.25 million, a price-to-earnings ratio of -68.78 and a beta of 0.37. The company has a debt-to-equity ratio of -0.38, a quick ratio of 0.47 and a current ratio of 0.49.
In other news, General Counsel Sonia Galindo sold 1,711 shares of the company’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $16.06, for a total value of $27,478.66. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director George A. Logue bought 2,000 shares of the stock in a transaction dated Wednesday, August 8th. The stock was purchased at an average cost of $14.74 per share, for a total transaction of $29,480.00. Following the acquisition, the director now owns 2,100 shares in the company, valued at approximately $30,954. The disclosure for this purchase can be found here. Corporate insiders own 12.80% of the company’s stock.
Rosetta Stone Company Profile
Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.
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