Skillsoft (NYSE:SKIL - Get Free Report) posted its quarterly earnings results on Monday. The company reported ($0.23) EPS for the quarter, topping analysts' consensus estimates of ($2.06) by $1.83, Zacks reports. Skillsoft had a negative return on equity of 53.74% and a negative net margin of 62.85%. The company had revenue of $124.20 million for the quarter, compared to analysts' expectations of $130.97 million. During the same period in the previous year, the firm earned ($3.37) EPS. Skillsoft updated its FY 2026 guidance to EPS.
Skillsoft Trading Down 9.3%
Shares of Skillsoft stock traded down $1.66 on Thursday, reaching $16.18. The company had a trading volume of 24,305 shares, compared to its average volume of 50,120. The firm has a market cap of $137.25 million, a price-to-earnings ratio of -0.39 and a beta of 1.58. The company has a debt-to-equity ratio of 4.77, a current ratio of 0.88 and a quick ratio of 0.88. The firm's 50-day moving average price is $19.83 and its two-hundred day moving average price is $22.16. Skillsoft has a 1 year low of $9.25 and a 1 year high of $34.43.
Hedge Funds Weigh In On Skillsoft
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in Skillsoft by 330.0% during the 4th quarter. Bank of America Corp DE now owns 1,750 shares of the company's stock valued at $42,000 after acquiring an additional 1,343 shares during the period. Cubist Systematic Strategies LLC increased its position in Skillsoft by 20.5% during the 1st quarter. Cubist Systematic Strategies LLC now owns 9,370 shares of the company's stock valued at $180,000 after buying an additional 1,593 shares in the last quarter. Jane Street Group LLC acquired a new position in Skillsoft during the 1st quarter valued at about $296,000. Acadian Asset Management LLC grew its stake in Skillsoft by 286.0% during the 1st quarter. Acadian Asset Management LLC now owns 40,374 shares of the company's stock valued at $774,000 after purchasing an additional 29,914 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Skillsoft by 122.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 150,254 shares of the company's stock valued at $2,891,000 after purchasing an additional 82,860 shares during the last quarter. Hedge funds and other institutional investors own 87.00% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Skillsoft from a "hold" rating to a "buy" rating in a research note on Friday, May 30th.
Check Out Our Latest Report on SKIL
About Skillsoft
(
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Skillsoft Corp. provides content and platform and instructor-led training services in the United States and internationally. The company's Content & Platform segment engages in the sale, marketing, and delivery of its content learning solutions in areas, such as leadership and business, technology and developer, and compliance comprising individualized coaching, as well as technical skill areas.
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