PowerSchool (PWSC) Scheduled to Post Quarterly Earnings on Tuesday

PowerSchool (NYSE:PWSC) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect PowerSchool to post earnings of $0.22 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

PowerSchool (NYSE:PWSC) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.02). PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. The business had revenue of $182.14 million during the quarter, compared to the consensus estimate of $183.35 million. On average, analysts expect PowerSchool to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PowerSchool Trading Up 0.6 %

Shares of PWSC stock opened at $17.67 on Tuesday. PowerSchool has a 1 year low of $16.41 and a 1 year high of $25.16. The firm’s fifty day simple moving average is $20.47 and its 200 day simple moving average is $21.95. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.46.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Piper Sandler reaffirmed an “overweight” rating and set a $29.00 price objective on shares of PowerSchool in a research report on Tuesday, April 23rd. TheStreet cut PowerSchool from a “b-” rating to a “c” rating in a research report on Monday, January 29th. Finally, The Goldman Sachs Group raised their price objective on shares of PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.67.

Insider Activity at PowerSchool

In other PowerSchool news, CEO Hardeep Gulati sold 15,307 shares of the business’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $20.75, for a total value of $317,620.25. Following the transaction, the chief executive officer now owns 2,141,451 shares of the company’s stock, valued at $44,435,108.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other PowerSchool news, CTO Devendra Singh sold 2,750 shares of the stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $20.87, for a total value of $57,392.50. Following the transaction, the chief technology officer now directly owns 338,769 shares in the company, valued at approximately $7,070,109.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Hardeep Gulati sold 15,307 shares of the business’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $20.75, for a total value of $317,620.25. Following the sale, the chief executive officer now owns 2,141,451 shares of the company’s stock, valued at approximately $44,435,108.25. The disclosure for this sale can be found here. Insiders sold 182,706 shares of company stock valued at $3,818,727 in the last three months. Corporate insiders own 0.60% of the company’s stock.

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.