Pluralsight (NASDAQ:PS) updated its first quarter 2020
After-Hours earnings guidance on Wednesday. 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.

NASDAQ:PS traded down $0.07 during mid-day trading on Friday, reaching $18.66. The stock had a trading volume of 1,808,316 shares, compared to its average volume of 1,478,001. The business’s 50 day moving average is $18.78 and its 200 day moving average is $17.68. Pluralsight has a fifty-two week low of $14.84 and a fifty-two week high of $35.70. The stock has a market cap of $2.81 billion, a P/E ratio of -16.81 and a beta of 2.14. The company has a debt-to-equity ratio of 1.80, a current ratio of 2.35 and a quick ratio of 2.35.

Pluralsight (NASDAQ:PS) last released its quarterly earnings data on Wednesday, February 12th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.23. Pluralsight had a negative return on equity of 46.91% and a negative net margin of 32.59%. The firm had revenue of $88.80 million for the quarter, compared to the consensus estimate of $87.22 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The firm’s revenue was up 31.9% on a year-over-year basis. Equities analysts expect that Pluralsight will post -1.03 EPS for the current year.

PS has been the topic of a number of research reports. Needham & Company LLC restated a buy rating and issued a $25.00 price objective on shares of Pluralsight in a report on Wednesday, February 5th. KeyCorp dropped their price objective on Pluralsight from $24.00 to $22.00 and set an overweight rating on the stock in a report on Monday, January 13th. Barrington Research restated a buy rating and issued a $26.00 price objective on shares of Pluralsight in a report on Friday, February 7th. William Blair initiated coverage on Pluralsight in a report on Wednesday, January 8th. They issued an outperform rating on the stock. Finally, Zacks Investment Research downgraded Pluralsight from a hold rating to a sell rating in a report on Wednesday, January 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. Pluralsight presently has a consensus rating of Buy and a consensus price target of $25.33.

In other Pluralsight news, insider Nate Walkingshaw sold 5,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $16.32, for a total transaction of $81,600.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 16,000 shares of company stock worth $284,150. Corporate 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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