PowerSchool Holdings, Inc. (NYSE:PWSC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

PowerSchool Holdings, Inc. (NYSE:PWSC) has earned an average recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $27.67.

Several research firms have recently issued reports on PWSC. The Goldman Sachs Group raised their price target on PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, February 27th. TheStreet lowered PowerSchool from a “b-” rating to a “c” rating in a report on Monday, January 29th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $29.00 target price on shares of PowerSchool in a research report on Wednesday, March 6th.

PowerSchool Stock Performance

Shares of NYSE PWSC opened at $20.12 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.30 and a current ratio of 0.30. The firm has a market cap of $4.08 billion, a price-to-earnings ratio of -105.89, a P/E/G ratio of 0.60 and a beta of 0.89. The business’s 50-day simple moving average is $21.78 and its 200-day simple moving average is $22.28. PowerSchool has a 52 week low of $16.41 and a 52 week high of $25.16.

PowerSchool (NYSE:PWSC) last issued its earnings results on Monday, February 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The company had revenue of $182.14 million during the quarter, compared to analyst estimates of $183.35 million. PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. As a group, equities research analysts expect that PowerSchool will post 0.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Eric Ryan Shander sold 3,047 shares of the stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $20.30, for a total transaction of $61,854.10. Following the completion of the sale, the chief financial officer now owns 492,191 shares of the company’s stock, valued at $9,991,477.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CFO Eric Ryan Shander sold 3,047 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $20.30, for a total transaction of $61,854.10. Following the completion of the transaction, the chief financial officer now directly owns 492,191 shares in the company, valued at $9,991,477.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Anthony Kender sold 6,809 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $20.30, for a total value of $138,222.70. Following the completion of the transaction, the executive now directly owns 202,356 shares in the company, valued at $4,107,826.80. The disclosure for this sale can be found here. Insiders sold a total of 176,535 shares of company stock valued at $3,687,100 over the last quarter. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of PowerSchool

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its holdings in PowerSchool by 262.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,348 shares of the company’s stock valued at $27,000 after acquiring an additional 976 shares during the period. Orion Capital Management LLC acquired a new position in shares of PowerSchool in the third quarter valued at about $32,000. Fifth Third Bancorp acquired a new stake in shares of PowerSchool during the 3rd quarter worth approximately $35,000. Royal Bank of Canada raised its holdings in PowerSchool by 63.5% in the 3rd quarter. Royal Bank of Canada now owns 2,135 shares of the company’s stock worth $35,000 after purchasing an additional 829 shares during the period. Finally, International Assets Investment Management LLC increased its stake in PowerSchool by 3,244.4% during the 4th quarter. International Assets Investment Management LLC now owns 2,709 shares of the company’s stock worth $64,000 after buying an additional 2,628 shares in the last quarter. Institutional investors own 65.29% of the company’s stock.

PowerSchool Company Profile

PowerSchool Holdings, Inc, together with its subsidiaries, offers cloud-based software to the K-12 education market in the United States, Canada, and internationally. Its solution embedded in school workflows and is used on daily basis by educators, students, administrators, and parents in schools and districts.