PowerSchool Holdings, Inc. (NYSE:PWSC) Given Average Rating of “Hold” by Analysts

PowerSchool Holdings, Inc. (NYSE:PWSC) has received an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $24.52.

Several research firms have recently commented on PWSC. Robert W. Baird reaffirmed a “neutral” rating and issued a $23.00 target price (down previously from $26.00) on shares of PowerSchool in a research report on Friday, June 7th. William Blair reaffirmed a “market perform” rating on shares of PowerSchool in a research report on Friday, June 7th. Baird R W downgraded PowerSchool from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 7th. UBS Group decreased their target price on PowerSchool from $25.00 to $20.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 8th. Finally, Barclays decreased their target price on PowerSchool from $28.00 to $23.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 8th.

Insider Activity

In related news, CEO Hardeep Gulati sold 6,171 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $21.33, for a total transaction of $131,627.43. Following the sale, the chief executive officer now owns 1,905,667 shares of the company’s stock, valued at approximately $40,647,877.11. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Hardeep Gulati sold 6,171 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $21.33, for a total transaction of $131,627.43. Following the sale, the chief executive officer now owns 1,905,667 shares of the company’s stock, valued at approximately $40,647,877.11. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CRO Anthony Kender sold 6,165 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $22.23, for a total value of $137,047.95. Following the sale, the executive now directly owns 253,607 shares in the company, valued at approximately $5,637,683.61. The disclosure for this sale can be found here. In the last quarter, insiders have sold 277,765 shares of company stock worth $5,974,157. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Covestor Ltd lifted its holdings in PowerSchool by 353.4% during the 1st quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $27,000 after buying an additional 1,000 shares during the period. Orion Capital Management LLC bought a new position in shares of PowerSchool in the 3rd quarter worth about $32,000. Comerica Bank raised its position in shares of PowerSchool by 111.8% in the 1st quarter. Comerica Bank now owns 1,493 shares of the company’s stock worth $32,000 after acquiring an additional 788 shares in the last quarter. Park Place Capital Corp raised its position in shares of PowerSchool by 106.8% in the 1st quarter. Park Place Capital Corp now owns 1,497 shares of the company’s stock worth $32,000 after acquiring an additional 773 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in shares of PowerSchool by 47.7% in the 4th quarter. Fifth Third Bancorp now owns 2,311 shares of the company’s stock worth $54,000 after acquiring an additional 746 shares in the last quarter. 65.29% of the stock is owned by institutional investors and hedge funds.

PowerSchool Price Performance

NYSE:PWSC opened at $22.44 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $20.62 and its two-hundred day moving average price is $21.65. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of -93.50 and a beta of 1.06. PowerSchool has a 12-month low of $16.15 and a 12-month high of $25.16.

PowerSchool (NYSE:PWSC) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The business had revenue of $184.97 million during the quarter, compared to the consensus estimate of $184.45 million. PowerSchool had a negative net margin of 5.37% and a positive return on equity of 6.13%. On average, analysts anticipate that PowerSchool will post 0.5 earnings per share for the current year.

About PowerSchool

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.