Pluralsight (PS) Receiving Positive Press Coverage, Study Finds
News stories about Pluralsight (NASDAQ:PS) have been trending positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pluralsight earned a news sentiment score of 2.50 on their scale. InfoTrie also gave media stories about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have effected Pluralsight’s score:
- Pluralsight Inc (PS) Insider Sells $114,913.84 in Stock (americanbankingnews.com)
- 2 Stocks To Own For 5 Years: NVIDIA Corporation (NVDA), Pluralsight, Inc. (PS) – GV Times (gvtimes.com)
- Read This If You Are Finding Opportunities:: Pluralsight, Inc., (NASDAQ: PS), Cree, Inc., (NASDAQ: CREE) – News Alarms (newsalarms.com)
- Pluralsight, Inc. (PS): Headwinds and Tailwinds – FinBulletin (finbulletin.com)
- Moving Stocks That Investors Should Pay Attention To: Pluralsight, Inc. (PS), Rent-A-Center, Inc. (RCII) – Financial Mercury (finmercury.com)
A number of equities research analysts recently commented on PS shares. Zacks Investment Research upgraded shares of Pluralsight from a “sell” rating to a “hold” rating in a research report on Friday, December 7th. Robert W. Baird started coverage on shares of Pluralsight in a research report on Wednesday, November 28th. They issued an “outperform” rating and a $22.38 price objective for the company. Finally, Bank of America raised their price objective on shares of Pluralsight from $32.00 to $35.00 and gave the company a “neutral” rating in a research report on Thursday, February 14th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Pluralsight has a consensus rating of “Buy” and an average price target of $35.26.
Pluralsight (NASDAQ:PS) last announced its quarterly earnings data on Wednesday, February 13th. The company reported ($0.36) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by ($0.14). Pluralsight had a negative net margin of 36.06% and a negative return on equity of 246.61%. The firm had revenue of $67.26 million during the quarter, compared to analyst estimates of $65.76 million. During the same quarter in the previous year, the business earned ($0.53) EPS. Pluralsight’s revenue for the quarter was up 41.9% on a year-over-year basis. Equities analysts forecast that Pluralsight will post -0.79 EPS for the current year.
In other Pluralsight news, major shareholder Insight Holdings Group, Llc sold 7,943,182 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $28.37, for a total value of $225,348,073.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Nate Walkingshaw sold 45,625 shares of the stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $22.70, for a total transaction of $1,035,687.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,197,342 shares of company stock valued at $261,059,346.
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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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