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 (WHO). Since then, PS shares have increased by 45.7% and is now trading at $18.48. 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 the Thomson Reuters' consensus estimate of ($0.13) by $0.04. The firm had revenue of $92.65 million for the quarter, compared to analysts' expectations 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 period last year, the firm earned ($0.07) earnings per share. View Pluralsight's earnings history.

Pluralsight issued an update on 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 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 shares. Their forecasts range from $18.00 to $26.00. On average, they anticipate Pluralsight's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for Pluralsight.

News articles about PS stock have been trending negative on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pluralsight earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating 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 drop in short interest in June. As of June 30th, there was short interest totaling 8,990,000 shares, a drop of 9.9% from the June 15th total of 9,980,000 shares. Based on an average daily volume of 2,140,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 9.8% of the shares of the company are short sold. View Pluralsight's Current Options Chain.

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

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 $18.48.

Pluralsight has a market capitalization of $2.64 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]