PowerSchool (PWSC) Scheduled to Post Earnings on Tuesday

PowerSchool (NYSE:PWSC - Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect PowerSchool to post earnings of $0.22 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

PowerSchool (NYSE:PWSC - Get Free Report) last released its quarterly earnings data on Monday, February 26th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.02). PowerSchool had a negative net margin of 4.46% and a positive return on equity of 6.08%. The company had revenue of $182.14 million during the quarter, compared to the consensus estimate of $183.35 million. On average, analysts expect PowerSchool to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PowerSchool Trading Down 2.0 %

PWSC traded down $0.35 during midday trading on Tuesday, reaching $17.32. 710,296 shares of the company were exchanged, compared to its average volume of 677,093. The stock has a market capitalization of $3.51 billion, a P/E ratio of -91.16, a PEG ratio of 0.51 and a beta of 0.89. PowerSchool has a one year low of $16.41 and a one year high of $25.16. The stock's 50-day simple moving average is $20.34 and its 200 day simple moving average is $21.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.30 and a current ratio of 0.30.

Insiders Place Their Bets

In other news, CTO Devendra Singh sold 2,750 shares of the firm's stock in a transaction dated Wednesday, March 27th. The shares were sold at an average price of $20.87, for a total transaction of $57,392.50. Following the completion of the sale, the chief technology officer now owns 338,769 shares in the company, valued at approximately $7,070,109.03. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other PowerSchool news, CEO Hardeep Gulati sold 6,171 shares of the business's stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $21.33, for a total value of $131,627.43. Following the completion of the sale, the chief executive officer now owns 1,905,667 shares of the company's stock, valued at approximately $40,647,877.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Devendra Singh sold 2,750 shares of PowerSchool stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $20.87, for a total transaction of $57,392.50. Following the completion of the sale, the chief technology officer now owns 338,769 shares of the company's stock, valued at $7,070,109.03. The disclosure for this sale can be found here. Insiders sold a total of 182,706 shares of company stock valued at $3,818,727 over the last ninety days. 0.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

PWSC has been the topic of several recent analyst reports. TheStreet lowered shares of PowerSchool from a "b-" rating to a "c" rating in a research note on Monday, January 29th. The Goldman Sachs Group raised their target price on shares of PowerSchool from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Tuesday, February 27th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $29.00 price objective on shares of PowerSchool in a research report on Tuesday, April 23rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $27.67.

PowerSchool Company Profile

PowerSchool Holdings, Inc, together with its subsidiaries, offers cloud-based software to the K-12 education market in the United States, Canada, and internationally. Its solution embedded in school workflows and is used on daily basis by educators, students, administrators, and parents in schools and districts.