News headlines about Rosetta Stone (NYSE:RST) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rosetta Stone earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 45.9641455487041 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities analysts have recently issued reports on the company. ValuEngine upgraded Rosetta Stone from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research lowered Rosetta Stone from a “strong-buy” rating to a “sell” rating in a research report on Wednesday, July 12th. Finally, Barrington Research restated an “outperform” rating and set a $15.00 target price (up from $12.00) on shares of Rosetta Stone in a research report on Wednesday, May 10th.
Rosetta Stone (NYSE:RST) traded down 2.59% during trading on Wednesday, hitting $10.15. The stock had a trading volume of 32,192 shares. The company has a 50-day moving average of $10.62 and a 200 day moving average of $10.01. The company’s market cap is $225.31 million. Rosetta Stone has a 52 week low of $6.80 and a 52 week high of $12.40.
Rosetta Stone (NYSE:RST) last issued its quarterly earnings data on Tuesday, May 9th. The software maker reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.22. Rosetta Stone had a negative return on equity of 926.26% and a negative net margin of 10.11%. The company had revenue of $47.70 million during the quarter, compared to the consensus estimate of $45.01 million. During the same period last year, the company earned ($0.34) earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. On average, equities research analysts anticipate that Rosetta Stone will post ($0.50) EPS for the current year.
In other news, insider M. Sean Hartford sold 4,050 shares of the firm’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $11.91, for a total transaction of $48,235.50. Following the completion of the transaction, the insider now directly owns 18,348 shares in the company, valued at $218,524.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Nierenberg sold 5,771 shares of the firm’s stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of $12.01, for a total value of $69,309.71. The disclosure for this sale can be found here. Insiders have sold 365,669 shares of company stock valued at $4,427,082 over the last 90 days. 14.50% of the stock is owned by corporate insiders.
Rosetta Stone Company Profile
Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.
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