Brokerages expect Pluralsight Inc (NASDAQ:PS) to report earnings per share of ($0.10) for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Pluralsight’s earnings, with the highest EPS estimate coming in at ($0.09) and the lowest estimate coming in at ($0.14). The business is expected to issue its next quarterly earnings results on Wednesday, January 23rd.

On average, analysts expect that Pluralsight will report full-year earnings of ($0.62) per share for the current year, with EPS estimates ranging from ($0.66) to ($0.60). For the next year, analysts expect that the firm will post earnings of ($0.30) per share, with EPS estimates ranging from ($0.33) to ($0.27). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Pluralsight.

Pluralsight (NASDAQ:PS) last posted its earnings results on Wednesday, October 24th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.06. The firm had revenue of $61.55 million for the quarter, compared to analysts’ expectations of $57.57 million.

Several equities research analysts recently commented on PS shares. First Analysis reissued a “positive” rating and issued a $45.00 price target on shares of Pluralsight in a report on Friday, September 7th. SunTrust Banks boosted their price target on shares of Pluralsight to $40.00 and gave the stock a “buy” rating in a report on Thursday, September 6th. Bank of America boosted their price target on shares of Pluralsight from $30.00 to $36.00 and gave the stock a “neutral” rating in a report on Thursday, August 30th. JPMorgan Chase & Co. boosted their price target on shares of Pluralsight to $44.00 and gave the stock an “overweight” rating in a report on Thursday, August 30th. Finally, Barclays boosted their price target on shares of Pluralsight from $31.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, August 30th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Pluralsight presently has an average rating of “Buy” and an average target price of $36.50.

Shares of NASDAQ:PS traded down $1.16 during trading on Friday, hitting $21.23. 620,146 shares of the stock traded hands, compared to its average volume of 946,817. Pluralsight has a 52-week low of $19.25 and a 52-week high of $38.37.

Several hedge funds have recently made changes to their positions in PS. Massachusetts Financial Services Co. MA acquired a new position in shares of Pluralsight during the 2nd quarter valued at about $17,519,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Pluralsight in the 2nd quarter valued at about $847,000. Gilder Gagnon Howe & Co. LLC purchased a new stake in Pluralsight in the 2nd quarter valued at about $6,554,000. Emerald Advisers Inc. PA purchased a new stake in Pluralsight in the 2nd quarter valued at about $11,141,000. Finally, Emerald Mutual Fund Advisers Trust purchased a new stake in Pluralsight in the 2nd quarter valued at about $9,544,000. 50.81% of the stock is currently owned by hedge funds and other institutional investors.

About Pluralsight

Pluralsight, Inc operates a cloud-based technology learning platform worldwide. Its learning platform offers a range of tools, including skill 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 6,700 on-demand and online courses across a range of technology subject areas, such as cloud, mobile, security, IT, and data.

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