Should Investors Trust The Upside Potential In PowerSchool Holdings Inc (PWSC)?

PowerSchool Holdings Inc (NYSE:PWSC) currently has a daily average trading volume of 2.62M but it saw 1425401 shares traded in last market. With a market cap of 3.75B USD, the company’s current market price of $22.55 came falling about -0.04 while comparing to the previous closing price of $22.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.16 and as low as $16.15.

Taking a look at 20-day trading activity of PowerSchool Holdings Inc (PWSC) gives us an average price of $22.46, while its current price level is -10.37% below from 52-week high level whereas it is 39.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $21.86 while that of 200 days or SMA-200 reads an average of $21.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.25% during that period while stretching the period over a month that increases to 0.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.37 which implies that the stock is in neutral territory.

Macquarie downgraded its recommendation for the stock as a “Neutral” from “Outperform” on June 10, 2024 while assigning a price target of $22.80. Goldman issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $20 and $24.

Over the week, PWSC’s stock price is moving 0.40% up while it is 1.08% when we observe its performance for the past one month. Year-to-date it is -4.29% down and over the past year, the stock is showing a downside performance of -5.05%.

Currently, PowerSchool Holdings Inc’s total number of outstanding shares is 164.80M. Company’s return on investment (ROI) stands at -1.84% and return on equity (ROE) at -3.02%. It has a 19.99 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 2.89 while price to sale or P/S ratio amounts to 5.19. Its return on asset (ROA) is -1.07% on average.