NASDAQ:PSPluralsight Stock Price, Forecast & News

Pluralsight's stock was trading at $12.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PS stock has increased by 70.3% and is now trading at $21.59. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pluralsight in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pluralsight.

Pluralsight is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Pluralsight.

Pluralsight Inc (NASDAQ:PS) issued its quarterly earnings results on Wednesday, April, 29th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The company had revenue of $92.65 million for the quarter, compared to the consensus estimate of $86.87 million. Pluralsight had a negative net margin of 38.07% and a negative return on equity of 54.65%. Pluralsight's revenue was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.07) EPS. View Pluralsight's earnings history.

Pluralsight updated its FY20 earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $(0.44)-(0.31) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.48). The company issued revenue guidance of $365-390 million, compared to the consensus revenue estimate of $385.39 million.

12 brokerages have issued 12 month target prices for Pluralsight's stock. Their forecasts range from $18.00 to $26.00. On average, they anticipate Pluralsight's stock price to reach $21.23 in the next year. This suggests that the stock has a possible downside of 1.7%. View analysts' price targets for Pluralsight.

News coverage about PS stock has been trending very negative on Tuesday, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pluralsight earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutPluralsight.

Pluralsight saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 13,370,000 shares, an increase of 12.1% from the April 30th total of 11,930,000 shares. Based on an average daily trading volume, of 2,000,000 shares, the short-interest ratio is presently 6.7 days. Approximately 15.2% of the shares of the company are sold short. View Pluralsight's Current Options Chain.

Some companies that are related to Pluralsight include Line (LN), FactSet Research Systems (FDS), Pinterest (PINS), Wix.Com (WIX), Stars Group (TSG), 58.com (WUBA), Weibo (WB), GDS (GDS), InterXion (INXN), Livongo Health (LVGO), Switch (SWCH), Medallia (MDLA), HUYA (HUYA), SVMK (SVMK) and Tripadvisor (TRIP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pluralsight investors own include Canaccord Genuity (), BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities (), Sterne Agee CRT (), Robert W. Baird () and Wellington Shields ().

(PS) raised $228 million in an IPO on Thursday, May 17th 2018. The company issued 20,700,000 shares at $10.00-$12.00 per share. Morgan Stanley, J.P. Morgan, Barclays and BofA Merrill Lynch acted as the underwriters for the IPO and First Analysis Securities, Needham, Raymond James and SunTrust Robinson Humphrey were co-managers.

Pluralsight trades on the NASDAQ under the ticker symbol "PS."

Pluralsight's stock is owned by a number of retail and institutional investors. Top institutional investors include Insight Holdings Group LLC (13.43%), ArrowMark Colorado Holdings LLC (6.26%), First Trust Advisors LP (3.97%), Mackenzie Financial Corp (3.42%), Fred Alger Management LLC (3.08%) and Ensign Peak Advisors Inc (3.05%). Company insiders that own Pluralsight stock include Aaron Skonnard, Frederick Onion, Gary L Crittenden, Insight Holdings Group, Llc, James Budge, Joseph M Dibartolomeo, Karenann K Terrell, Leah C Johnson, Matthew Forkner, Nate Walkingshaw, Scott D Dorsey and Timothy I Maudlin. View institutional ownership trends for Pluralsight.

PS stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Massachusetts Financial Services Co. MA, Two Sigma Investments LP, Franklin Resources Inc., Full Sail Capital LLC, Deutsche Bank AG, Morgan Stanley, and SG Americas Securities LLC. Company insiders that have sold Pluralsight company stock in the last year include Aaron Skonnard, Frederick Onion, James Budge, Leah C Johnson, Matthew Forkner, and Nate Walkingshaw. View insider buying and selling activity for Pluralsight.

PS stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, First Trust Advisors LP, Tensile Capital Management LLC, Granahan Investment Management Inc. MA, Fred Alger Management LLC, Aperture Investors LLC, Ashford Capital Management Inc., and CWM LLC. Company insiders that have bought Pluralsight stock in the last two years include Frederick Onion, Gary L Crittenden, James Budge, and Timothy I Maudlin. View insider buying and selling activity for Pluralsight.

Shares of PS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PS stock can currently be purchased for approximately $21.59.

Pluralsight has a market capitalization of $3.09 billion and generates $316.91 million in revenue each year. The company earns $-112,660,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. Pluralsight employs 1,100 workers across the globe.

The official website for Pluralsight is www.pluralsight.com.

Pluralsight's mailing address is 182 NORTH UNION AVENUE, FARMINGTON UT, 84025. The company can be reached via phone at 801-784-9007 or via email at [email protected]