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

PowerSchool Holdings, Inc. (NYSE:PWSC) has been assigned a consensus recommendation of “Hold” from the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Ten analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $24.52.

A number of research firms have commented on PWSC. Piper Sandler reaffirmed a “neutral” rating and issued a $22.80 target price (down previously from $24.00) on shares of PowerSchool in a research report on Friday, June 7th. Barclays cut their target price on shares of PowerSchool from $28.00 to $23.00 and set an “overweight” rating for the company in a research report on Wednesday, May 8th. Raymond James downgraded shares of PowerSchool from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 11th. William Blair reaffirmed a “market perform” rating on shares of PowerSchool in a research report on Friday, June 7th. Finally, Macquarie downgraded shares of PowerSchool from an “outperform” rating to a “neutral” rating and set a $22.80 target price for the company. in a research report on Monday, June 10th.

Insider Activity at PowerSchool

In related news, CFO Eric Ryan Shander sold 1,600 shares of PowerSchool stock in a transaction on Monday, June 10th. The shares were sold at an average price of $22.50, for a total transaction of $36,000.00. Following the transaction, the chief financial officer now owns 508,150 shares in the company, valued at approximately $11,433,375. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CFO Eric Ryan Shander sold 1,600 shares of PowerSchool stock in a transaction on Monday, June 10th. The shares were sold at an average price of $22.50, for a total transaction of $36,000.00. Following the transaction, the chief financial officer now owns 508,150 shares in the company, valued at approximately $11,433,375. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Hardeep Gulati sold 85,000 shares of PowerSchool stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $21.35, for a total transaction of $1,814,750.00. Following the transaction, the chief executive officer now owns 1,715,667 shares in the company, valued at approximately $36,629,490.45. 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. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of PowerSchool

A number of institutional investors and hedge funds have recently bought and sold shares of PWSC. Covestor Ltd increased its holdings in PowerSchool by 353.4% in the 1st quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $27,000 after acquiring an additional 1,000 shares during the last quarter. Orion Capital Management LLC bought a new stake in shares of PowerSchool in the 3rd quarter worth about $32,000. Park Place Capital Corp increased its holdings 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 buying an additional 773 shares during the last quarter. Comerica Bank increased its holdings 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 buying an additional 788 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings 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 buying an additional 746 shares during the last quarter. 65.29% of the stock is currently owned by institutional investors.

PowerSchool Price Performance

Shares of PWSC opened at $22.44 on Friday. The company has a market capitalization of $4.57 billion, a P/E ratio of -93.50 and a beta of 1.06. 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 firm has a 50 day moving average of $20.62 and a 200 day moving average of $21.65. PowerSchool has a twelve month low of $16.15 and a twelve month high of $25.16.

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

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.