NASDAQ:PSPluralsight Stock Price, Forecast & News

Pluralsight's stock was trading at $12.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PS stock has increased by 50.1% and is now trading at $19.03. 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) announced its earnings results on Wednesday, April, 29th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.13) by $0.04. The firm earned $92.65 million during the quarter, compared to analysts' expectations of $86.87 million. Pluralsight had a negative return on equity of 54.65% and a negative net margin of 38.07%. The company's revenue was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.07) EPS. View Pluralsight's earnings history.

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

12 Wall Street analysts have issued 12-month price objectives for Pluralsight's stock. Their forecasts range from $18.00 to $26.00. On average, they expect Pluralsight's share price to reach $21.50 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View analysts' price targets for Pluralsight.

News stories about PS stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pluralsight earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave news coverage 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 stock's share price in the near term. View the latest news about Pluralsight.

Pluralsight saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 9,980,000 shares, a decrease of 14.6% from the May 31st total of 11,690,000 shares. Based on an average daily trading volume, of 1,930,000 shares, the days-to-cover ratio is currently 5.2 days. Approximately 11.5% of the company's shares are sold short. View Pluralsight's Current Options Chain.

Some companies that are related to Pluralsight include 58.com (WUBA), Weibo (WB), Livongo Health (LVGO), Switch (SWCH), HUYA (HUYA), Medallia (MDLA), DouYu International (DOYU), SVMK (SVMK), 21Vianet Group (VNET), Tripadvisor (TRIP), Sabre (SABR), Cardlytics (CDLX), Internet Initiative Japan (IIJIY), Model N (MODN) and Health Catalyst (HCAT). 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 initial public offering (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 served 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."

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 $19.03.

Pluralsight has a market capitalization of $2.72 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]