Rosetta Stone Inc. (NYSE:RST) does about 525.32K shares in volume on a normal day but saw 8880865 shares change hands in Monday trading. The company now has a market cap of 704.51M USD and an enterprise value of about $666.63M. Its current market price is $30.38, marking an increase of 1.84% compared to the previous close of $29.83. The 52 week high reached by this stock is $31.24 whilst the lowest price level in 52 weeks is $8.85. The script in recent trading has seen the stock touch a high of $30.46 and a low of $29.75.
Rosetta Stone Inc. (RST) has a 20-day trading average at $27.81 and the current price is -2.75% off the 52-week high compared with 243.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $22.91 and its 200-day simple moving average is $18.25. If we look at the stock’s price movements over the week, volatility stands at 5.40%, which increases to 6.20% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 68.50 to suggest the stock is neutral.
5 analysts observing the Rosetta Stone Inc. (RST) stock have set the 12-month price targets for the company’s shares at between $26.00 and $30.00. The consensus objective for the share price is $21.40, suggesting that the stock has a potential downside of -41.96% over the period. The median price target is -1.27% away from the current levels at $30.00.
FactSet Research has provided data showing that 5 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 20, 2020 when Sidoti initiated the stock to “Neutral” and issued a price target of $18. Lake Street reiterated its price target at $24-$22.
The current price level is 10.05%, 34.19%, and 67.22% away from its SMA20, SMA50, and SMA200 respectively, with the RST price moving below the 50-day SMA on August 31. Rosetta Stone Inc. (RST) stock is up 7.12% over the week and 13.49% over the past month. Its price is 67.48% year-to-date and 66.47% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$0.15 above consensus estimates by $0.03. The company’s next earnings report is expected on 11/04/2020, with forecasts estimating quarterly EPS at -$0.26 and -$0.89 for whole year. RST’s earnings per share are forecast to shrink by -61.80% this year and 40.40% over next year. Expected sales for next quarter are $49.95 million, which analysts say will come at $194.42 million for the current fiscal year and next year at $210.56 million. In addition, estimates put the company’s current quarterly revenue at an average of $48.1 million.
Its 12-month price target is $30.00. To reach the target analysts have set, the stock logically needs to shrink -41.96 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $26.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $30.00.
Outstanding shares total 24.10M with insiders holding 4.65% of the shares and institutional holders owning 92.37% of the company’s common stock. The company has a return on investment of 89.60% and return on equity of 117.40%. The beta has a value of 0.74. Price to sales ratio is 3.74.
According to a U.S. Securities and Exchange Commission filing, T Rowe Price Small Cap Value Fund has reduced its position in Rosetta Stone Inc. (RST) to 1,394,118 shares, mirroring a recent drop by -0.55%. T Rowe Price Small Cap Value Fund dumped 7700.0 shares of Rosetta Stone Inc. common stock bringing its total worth to about $37.32 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index cut their holdings by -2.11% in the company over the course of the most recent quarter. It now holds a 2.67% position in Rosetta Stone Inc. thanks to 0.66 million shares amounting to $17.61 million.