Rosetta Stone Upgraded by Sidoti to Buy (RST)
Rosetta Stone (NYSE:RST) was upgraded by analysts at Sidoti from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports.
Rosetta Stone (NYSE:RST) traded up 0.37% during mid-day trading on Tuesday, hitting $16.16. 75,344 shares of the company’s stock traded hands. Rosetta Stone has a one year low of $10.52 and a one year high of $18.30. The stock’s 50-day moving average is $16.14 and its 200-day moving average is $15.59. The company’s market cap is $352.3 million.
Rosetta Stone (NYSE:RST) last announced its earnings results on Wednesday, August 7th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.12) by $0.09. The company had revenue of $62.10 million for the quarter, compared to the consensus estimate of $63.58 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Analysts expect that Rosetta Stone will post $-0.05 EPS for the current fiscal year.
Rosetta Stone Inc, is a provider of technology-based language learning solutions. The Company develops , markets, and sells language-learning solutions consisting of software, online services, mobile applications and audio practice tools primarily under its Rosetta Stone brand.
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