Rosetta Stone (RST) Receives Buy Rating from Barrington Research

Barrington Research reissued their buy rating on shares of Rosetta Stone (NYSE:RST) in a report published on Friday. The firm currently has a $23.00 target price on the software maker’s stock.

Several other analysts also recently issued reports on RST. Dougherty & Co reiterated a buy rating on shares of Rosetta Stone in a report on Tuesday, June 26th. Zacks Investment Research downgraded Rosetta Stone from a buy rating to a hold rating in a report on Wednesday, July 11th. Finally, ValuEngine upgraded Rosetta Stone from a buy rating to a strong-buy rating in a report on Monday, June 11th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $21.50.

Shares of NYSE RST opened at $19.73 on Friday. Rosetta Stone has a 12-month low of $9.28 and a 12-month high of $21.54. The firm has a market capitalization of $453.66 million, a P/E ratio of -85.85 and a beta of 0.30. The company has a debt-to-equity ratio of -0.38, a current ratio of 0.49 and a quick ratio of 0.47.

Rosetta Stone (NYSE:RST) last announced its quarterly earnings results on Thursday, August 2nd. The software maker reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.22. The company had revenue of $43.50 million during the quarter, compared to analyst estimates of $41.00 million. On average, analysts forecast that Rosetta Stone will post -1.23 earnings per share for the current year.

In other news, General Counsel Sonia Galindo sold 1,711 shares of the firm’s stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $16.06, for a total transaction of $27,478.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George A. Logue bought 2,000 shares of the stock in a transaction dated Wednesday, August 8th. The shares were acquired at an average price of $14.74 per share, with a total value of $29,480.00. Following the completion of the purchase, the director now directly owns 2,100 shares of the company’s stock, valued at $30,954. The disclosure for this purchase can be found here. 12.80% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Rosetta Stone during the second quarter valued at about $108,000. MetLife Investment Advisors LLC acquired a new stake in shares of Rosetta Stone during the second quarter valued at about $158,000. FNY Investment Advisers LLC acquired a new stake in shares of Rosetta Stone during the second quarter valued at about $291,000. Meeder Asset Management Inc. grew its stake in shares of Rosetta Stone by 459.5% during the second quarter. Meeder Asset Management Inc. now owns 19,051 shares of the software maker’s stock valued at $305,000 after acquiring an additional 15,646 shares in the last quarter. Finally, GSA Capital Partners LLP grew its stake in shares of Rosetta Stone by 58.5% during the first quarter. GSA Capital Partners LLP now owns 21,400 shares of the software maker’s stock valued at $281,000 after acquiring an additional 7,900 shares in the last quarter. Institutional investors own 77.21% of the company’s stock.

Rosetta Stone Company Profile

Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.

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