|Bid||19.08 x 800|
|Ask||19.13 x 800|
|Day's Range||18.55 - 19.46|
|52 Week Range||14.84 - 35.70|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.65|
Shares of Pluralsight Inc. fell 5% late Wednesday after the online education company reported a wider-than-expected quarterly loss. Pluralsight said it lost $32 million, or 31 cents a share, in the fourth quarter, compared with a loss of $16 million, or 26 cents a share, in the year-ago period. Adjusted for one-time items, the company lost 9 cents a share, matching losses in the fourth quarter of 2018. Sales rose 32% to $89 million, compared with $67 million a year ago. Analysts polled by FactSet expected adjusted losses of 14 cents a share on sales of $87 million. Pluralsight guided for full-year 2020 sales between $390 million and $400 million, and an adjusted net loss between 50 cents a share and 45 cents a share. The analysts surveyed by FactSet expect adjusted 2020 EPS of 51 cents a share on sales of $395 million.
Pluralsight (PS) delivered earnings and revenue surprises of 35.71% and 1.74%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
SILICON SLOPES, Utah, Feb. 12, 2020 -- Pluralsight, Inc. (NASDAQ: PS), the enterprise technology skills company, today announced financial results for the fourth quarter and.
NEW YORK, NY / ACCESSWIRE / February 12, 2020 / Pluralsight, Inc. (NASDAQ:PS) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 12, 2020 at 4:30 ...
Pluralsight (PS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Pluralsight, Inc. (PS), the technology skills platform, today announced that it will expand its global team to deliver more powerful user experiences and provide the fastest path to technology skills development. To lead this effort, Pluralsight has appointed Angela Han as the company’s first Chief Customer Officer. As Chief Customer Officer, Han will be responsible for expanding the global post-sale function for Pluralsight, including customer success, customer support, and services to meet the growing demand of Pluralsight customers who want to ensure their technologists have the necessary skills to meet their technology goals.
SILICON SLOPES, Utah, Jan. 21, 2020 -- Pluralsight, Inc. (NASDAQ: PS), the technology learning platform, today announced that it will release its financial results for its.
SILICON SLOPES, Utah, Jan. 06, 2020 -- Pluralsight, Inc. (NASDAQ: PS), the technology skills platform, today announced that James Budge, CFO, will be presenting at the.
The technology sector has been the best-performing sector of 2019 and is heading toward having its best year in a decade driven by chipmakers.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Needham, the investment bank and financial management firm that underwrote Google’s IPO back in 2005, held its annual SaaS 1x1 Conference last week. This event, the ninth one the firm has hosted, highlights the rise of Software-as-a-Service in the tech field, and offers companies a chance to strut their stuff for some of Wall Street’s top analysts.While the tech giants get the bulk of the press, three new reports from the research arm of Needham highlight the potentiality inherent in the small-cap members of the software industry. We’ve used TipRanks’ Stock Screener tool to learn why Needham’s analysts picked these particular Software-as-a-Service companies, and found compelling reasons. These stocks hold Strong Buy consensus ratings, and more than 35% upside potential from high-rated analysts.PROS Holdings (PRO)This company occupies a necessary niche in the business software world, leading the pack in price optimization software. PROS also offers product packages to track sales effectiveness and revenue management. The company is based in Houston Texas, a growing tech hub, and includes offices in London, Paris, and Sydney. PROS reported $197 million in fiscal 2018 revenues.While the company reported an operating loss in its most recent quarter, the results were not all bad. Revenues were up 30% year-over-year, the EPS loss was not as deep as expected, and the losses have been growing sequentially less since Q1 2019.Investors have been impressed with PROS, and the stock has heavily outperformed the markets in 2019. The S&P 500 is up 24% year-to-date, while PRO shares have gained 73%, beating the index by nearly three times.This company’s clear strength in its niche and in the stock market has caught the attention of Needham’s Scott Berg. Berg is especially impressed by the company’s hiring plans, pointing out that the PROS is showing strong sales and looks to expand the sales force. He writes, “PROS is actively hiring in both B2B sales and professional services to manage customer success and implementations. While B2B Americas sales were very strong in Q2 highlighted on the earnings call, B2B Europe was highlighted on the Q3 call [and we] don't interpret any slowdown in Americas.” Berg puts an $80 price target on PRO shares, suggesting an upside of 44%. (To watch Berg's track record, click here)Wall Street tends to agree with the analyst's confidence on the Saas stock, considering TipRanks analytics reveal PRO as a Strong Buy. Out of 7 analysts polled in the last 3 months, 6 are bullish on PROS stock while only 1 remains sidelined. With a return potential of nearly 36%, the stock's consensus target price stands at $76. (See PROS stock analysis on TipRanks)Pluralsight (PS)With PS, we move from sales-related software to the education field. This company got its start in business training, and in 2007 moved its courses online as video offerings. Since then, it has expanded to include other training software modules. Pluralsight has maintained an active expansion policy of acquisitions, buying Orlando-based Code School in 2015 for $36 million, Adobe software training company Train Simple in 2016, and earlier this year announced the purchase of GitPrime for $170 million.Despite Pluralsight’s active expansion, and strong niche it holds in the business training world, the company has been posting heavy earnings losses despite rising revenues. Q2 saw revenues of $75 million, up 41% year-over-year, but an EPS loss of 6 cents per share. The Q3 numbers were $82 million in revenue and EPS loss of 8 cents. The Q3 free cash flow came in at a disturbing figure of negative $6.6 million.Share prices dropped sharply after the Q2 report, although they have been stable since. PS is down 23% year-to-date. On a positive point, corporate insiders have been buying up this stock; purchases increased by $1.37 million in the last three months. The company’s trailing 12-month asset growth stands at 139%, also a good sign.Like PRO above, this stock was reviewed last week by analyst Scott Berg. Again, he was impressed by management’s confidence, in this case, in addressing headwinds. Berg writes, “We maintain our belief that the company’s sales execution will improve meaningfully in 2020.” Backing this up, he points out, “Changes include bringing in people from the product team to get deals over the finish line and greater investment in pre-sales teams. We believe these changes should support improved execution in 2020 along with a catch up on sales capacity. The company now has just under 290 reps and we believe to support 2020 operating plan another 10 reps are needed by year end, which we view as achievable.”Berg puts a $25 price target on the stock, showing his own confidence in a 38% upside. Overall, PS has a Strong Buy consensus rating based on 4 Buys and 1 Hold, and the average stock-price forecast is $24.20. This suggests an upside of 34% from the $17.99 share price. (See Pluralsight stock analysis on TipRanks)Chegg (CHGG)Chegg provides an interesting service in the educational software industry, making textbook rentals available online. In addition to ebooks, the company also provides study guides, writing guides, flashcards, and online tutors. Like Pluralsight in the business realm, Chegg has been active in expanding through acquisition, and recently bought out WriteLab for $15 million and Thinkful, a coding school, for $80 million.Chegg has been consistently beating earnings expectations through 2019, and the stock is up 28% year-to-date. For Q3, CHGG showed a 27% revenue increase, to $94.2 million. More importantly, the company posted a 29% increase in subscribers, to 2.2 million, and boasts 138 million total views of Chegg Study content. The company raised its forward guidance for CY2019 to the $407 to $409 million range, and predicts total revenues for 2020 of $520 million.Needham was impressed; 5-star analyst Ryan MacDonald gave the company a $50 price target, suggesting a 36% upside after the SaaS 1x1 Conference. (To watch MacDonald's track record, click here)MacDonald sees internationalization as the path for Chegg moving forward, and wrote, “Investment in this area is already underway, with the acceptance of Canadian currency on the platform, and the identification of 10 countries with a strong English language presence that will act as the starting points for full international expansion. Though there are already a few hundred thousand non-US subscribers on the platform, management has yet to actively try to pursue an international audience.”How does MacDonald's bullish forecast echo against the word of the Street? Quite positively, it seems, as TipRanks analytics exhibit CHGG as a Strong Buy. Based on 5 analysts polled in the last 3 months, all 5 say "buy." These analysts suggest that if everything goes as planned, CHGG will be a $45 stock in the next 12 months, implying about 20% return. (See Chegg stock analysis on TipRanks)
Third quarter revenue grew 34 percent period over period to $82.6 millionThird quarter billings grew 28 percent period over period to $92.1 million SILICON SLOPES, Utah , Oct..
Pluralsight, Inc. (PS), the technology skills platform, today announced plans to expand its footprint and operations in Australia to accelerate growth and provide a stepping stone for further expansion in the Asia-Pacific (APAC) region. To support its investment in Australia and the region, Pluralsight has appointed Mike Featherstone as Managing Director of ANZ/APAC. In addition, the company has signed a lease on new office space in Australia Square in the heart of Sydney’s central business district.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
Pluralsight (PS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SILICON SLOPES, Utah, Oct. 22, 2019 -- Pluralsight, Inc. (NASDAQ: PS), the enterprise technology skills platform, today announced that it has expanded its Technology Index tool.
Pluralsight, Inc. (PS), the enterprise technology skills platform, is excited to announce that it has been named one of the 2019 Best Small & Medium Workplaces by Great Place to Work® and FORTUNE for the third consecutive year. To determine the 2019 Best Small & Medium Workplaces list, Great Place to Work® analyzed anonymous survey feedback from more than 189,000 employees at hundreds of small- and medium-sized Great Place to Work-Certified organizations across all sectors of the economy. Pluralsight team members evaluated the company through more than 60 questions, including their daily experiences of innovation, the company’s values, and the effectiveness of leaders.
Pluralsight, Inc. (PS), the technology skills platform, today announced the appointment of Ross Meyercord, former Executive Vice President of Sales for Salesforce, as Chief Revenue Officer. As CRO, Meyercord will be responsible for leading all elements of customer success, including the direct and indirect sales teams, pre-sales, and professional services serving customers in more than 150 countries. Meyercord brings nearly 30 years of experience to Pluralsight, including enterprise SaaS sales, partnerships, sales operations, and technology leadership.
Pomerantz LLP is investigating claims on behalf of investors of Pluralsight, Inc. (“Pluralsight” or the “Company”) (PS). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext. On July 31, 2019, post-market, Pluralsight announced disappointing financial results for the second quarter ended June 30, 2019, and that its billings growth rate had sharply deteriorated from over 40% to just 23% year-over-year. Pluralsight blamed its declining growth in billings on sales execution challenges and other issues with its salesforce. Pluralsight also disclosed the resignation of its Chief Revenue Officer.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with losses in excess of $100,000 that they have only until October 15, 2019 to file lead plaintiff applications in a securities class action lawsuit against Pluralsight, Inc. (PS) if they purchased the Company’s shares between August 2, 2018 and July 31, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York. If you purchased shares of Pluralsight and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-ps/ to learn more.
New York, New York--(Newsfile Corp. - October 14, 2019) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Pluralsight, Inc. (NASDAQ: PS) ("Pluralsight" or the "Company") of the October 15, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.Faruqi & Faruqi logoCannot view this image? Visit:https://orders.newsfilecorp.com/files/6455/48752_23a8e09c049e5ae1_logo_lg.jpgIf you invested in Pluralsight stock or options between August 2, ...
LOS ANGELES, CA / ACCESSWIRE / October 14, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Pluralsight, Inc. ("Pluralsight" or "the Company") (NASDAQ:PS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between August 2, 2018 and July 31, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before October 15, 2019.
NEW YORK, Oct. 14, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Pluralsight, Inc. (NASDAQ: PS) from August 2, 2018 through.
Class-action law firm urges PS investors who have suffered losses of 100K+ to submit a loss form now to learn if they qualify to recover their investment losses. SAN FRANCISCO, CA / ACCESSWIRE / October ...