Rosetta Stone (NYSE:RST) Earns Media Impact Rating of 0.14
Press coverage about Rosetta Stone (NYSE:RST) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rosetta Stone earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the software maker an impact score of 46.1155332823687 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of brokerages have commented on RST. Zacks Investment Research lowered shares of Rosetta Stone from a “strong-buy” rating to a “sell” rating in a research note on Wednesday, July 12th. ValuEngine upgraded shares of Rosetta Stone from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Barrington Research reaffirmed an “outperform” rating and set a $15.00 price objective (up from $12.00) on shares of Rosetta Stone in a report on Wednesday, May 10th.
Rosetta Stone (NYSE:RST) opened at 9.97 on Tuesday. Rosetta Stone has a 12-month low of $6.80 and a 12-month high of $12.40. The firm’s 50-day moving average is $10.62 and its 200-day moving average is $10.01. The stock’s market capitalization is $221.31 million.
Rosetta Stone (NYSE:RST) last issued its quarterly earnings results on Tuesday, May 9th. The software maker reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.22. Rosetta Stone had a negative return on equity of 926.26% and a negative net margin of 10.11%. The firm had revenue of $47.70 million during the quarter, compared to the consensus estimate of $45.01 million. During the same period last year, the company earned ($0.34) earnings per share. The company’s revenue was down .6% on a year-over-year basis. Analysts predict that Rosetta Stone will post ($0.50) EPS for the current fiscal year.
In other news, Director David Nierenberg sold 285,000 shares of the firm’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $12.13, for a total transaction of $3,457,050.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider M. Sean Hartford sold 4,050 shares of the firm’s stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $11.91, for a total value of $48,235.50. Following the transaction, the insider now owns 18,348 shares of the company’s stock, valued at $218,524.68. The disclosure for this sale can be found here. Insiders have sold 365,669 shares of company stock valued at $4,427,082 over the last 90 days. Corporate insiders own 14.50% of the company’s stock.
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About Rosetta Stone
Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.
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