Rosetta Stone Inc (NYSE:RST) – Barrington Research issued their Q1 2018 EPS estimates for shares of Rosetta Stone in a report released on Thursday, March 15th, according to Zacks Investment Research. Barrington Research analyst A. Paris. Jr forecasts that the software maker will post earnings per share of ($0.39) for the quarter. Barrington Research has a “Outperform” rating and a $17.00 price objective on the stock. Barrington Research also issued estimates for Rosetta Stone’s Q2 2018 earnings at ($0.36) EPS, Q3 2018 earnings at ($0.32) EPS and Q4 2018 earnings at ($0.21) EPS.
RST has been the subject of several other reports. Lake Street Capital reiterated a “buy” rating and issued a $16.00 price objective (up from $14.00) on shares of Rosetta Stone in a research report on Monday, March 19th. Zacks Investment Research lowered Rosetta Stone from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. Finally, ValuEngine upgraded Rosetta Stone from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd.
Shares of RST traded down $0.14 on Friday, hitting $13.08. The company’s stock had a trading volume of 98,676 shares, compared to its average volume of 183,392. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.59 and a current ratio of 0.61. Rosetta Stone has a fifty-two week low of $8.70 and a fifty-two week high of $14.81. The firm has a market capitalization of $294.80, a PE ratio of -56.87 and a beta of 0.54.
In related news, insider M. Sean Hartford sold 8,715 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $13.86, for a total value of $120,789.90. Following the completion of the transaction, the insider now directly owns 15,496 shares in the company, valued at approximately $214,774.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 13.00% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its position in Rosetta Stone by 1.6% during the 4th quarter. BlackRock Inc. now owns 853,670 shares of the software maker’s stock worth $10,646,000 after acquiring an additional 13,803 shares during the last quarter. Vanguard Group Inc. boosted its position in Rosetta Stone by 5.4% during the 2nd quarter. Vanguard Group Inc. now owns 840,310 shares of the software maker’s stock worth $9,059,000 after acquiring an additional 43,033 shares during the last quarter. Roumell Asset Management LLC boosted its position in Rosetta Stone by 28.6% during the 3rd quarter. Roumell Asset Management LLC now owns 767,625 shares of the software maker’s stock worth $7,837,000 after acquiring an additional 170,622 shares during the last quarter. VNBTrust National Association boosted its position in Rosetta Stone by 1.3% during the 4th quarter. VNBTrust National Association now owns 492,415 shares of the software maker’s stock worth $6,140,000 after acquiring an additional 6,403 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its position in Rosetta Stone by 4.0% during the 3rd quarter. New York State Common Retirement Fund now owns 308,966 shares of the software maker’s stock worth $3,155,000 after acquiring an additional 12,000 shares during the last quarter. 71.19% of the stock is owned by hedge funds and other institutional investors.
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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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