Research Solutions (NASDAQ:RSSS) Given "Sell (D-)" Rating at Weiss Ratings

Key Points

• Research Solutions (NASDAQ:RSSS) has been given a "Sell (D-)" rating by Weiss Ratings, indicating concerns about its stock performance.
• Roth Capital recently upgraded their price target for the company from $4.35 to $5.00, while maintaining a "buy" rating, contributing to a consensus rating of "Hold" for the stock.
• In its latest quarterly earnings report, Research Solutions posted $0.07 earnings per share, exceeding analysts' expectations of $0.03, despite slightly missing revenue forecasts.

Research Solutions (NASDAQ:RSSS - Get Free Report)'s stock had its "sell (d-)" rating reiterated by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Roth Capital lifted their price objective on shares of Research Solutions from $4.35 to $5.00 and gave the company a "buy" rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $5.00.

Research Solutions Price Performance

Shares of RSSS opened at $3.54 on Wednesday. Research Solutions has a 1-year low of $2.32 and a 1-year high of $4.24. The company has a 50-day moving average of $3.22 and a 200 day moving average of $2.92. The firm has a market capitalization of $116.18 million, a price-to-earnings ratio of 118.04, a PEG ratio of 3.81 and a beta of 0.66.

Research Solutions (NASDAQ:RSSS - Get Free Report) last announced its quarterly earnings data on Thursday, September 18th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.04. Research Solutions had a net margin of 2.58% and a return on equity of 10.32%. The company had revenue of $12.44 million during the quarter, compared to analyst estimates of $12.51 million. During the same quarter last year, the business posted ($0.08) EPS. On average, equities analysts anticipate that Research Solutions will post 0.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Research Solutions

Several large investors have recently modified their holdings of RSSS. Evernest Financial Advisors LLC bought a new stake in shares of Research Solutions in the 2nd quarter valued at about $35,000. Millennium Management LLC bought a new stake in shares of Research Solutions in the 4th quarter valued at about $65,000. NewEdge Advisors LLC bought a new stake in shares of Research Solutions in the 1st quarter valued at about $71,000. Topline Capital Management LLC bought a new stake in shares of Research Solutions in the 2nd quarter valued at about $125,000. Finally, Acadian Asset Management LLC grew its position in shares of Research Solutions by 83.7% in the 1st quarter. Acadian Asset Management LLC now owns 87,327 shares of the company's stock worth $225,000 after buying an additional 39,789 shares during the last quarter. Institutional investors own 33.60% of the company's stock.

Research Solutions Company Profile

Research Solutions, Inc, through its subsidiaries, provides research cloud-based software-as-a-service software platform and related services to corporate, academic, government and individual researchers in the United States, Europe, and internationally. It provides Discover platform that facilitates search discovery across virtually all scientific, technical, and medical (STM) articles available, including free basic search solutions and advanced search tools, which include the Resolute.ai and scite.ai products, a tools that allows for searching and identifying relevant research and find insights in other datasets adjacent to STM content, such as clinical trial, patent, life science and medtech regulatory information, competitor and technology landscape insights in addition to searching the customer's internal datasets.

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