Rosetta Stone Stock Rating Upgraded by Zacks (RST)
Rosetta Stone (NYSE:RST) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Tuesday, ARN reports. The firm currently has a $18.60 price objective on the stock. Zacks‘ price objective points to a potential upside of 14.74% from the company’s current price.
Rosetta Stone (NYSE:RST) traded down 3.58% on Tuesday, hitting $15.63. 41,477 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 has a 50-day moving average of $16.06 and a 200-day moving average of $16.11. The company’s market cap is $340.7 million.
Rosetta Stone (NYSE:RST) last announced its earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 2.1% on a year-over-year basis.
Separately, analysts at Sidoti upgraded shares of Rosetta Stone from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, September 3rd.
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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