PowerSchool Holdings, Inc. (NYSE:PWSC) Receives $27.67 Average Price Target from Analysts

PowerSchool Holdings, Inc. (NYSE:PWSC) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $27.67.

Several research firms have issued reports on PWSC. TheStreet downgraded PowerSchool from a “b-” rating to a “c” rating in a report on Monday, January 29th. The Goldman Sachs Group boosted their price objective on PowerSchool from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, February 27th. Finally, Piper Sandler restated an “overweight” rating and set a $29.00 price objective on shares of PowerSchool in a report on Wednesday, March 6th.

PowerSchool Price Performance

Shares of PowerSchool stock opened at $17.46 on Tuesday. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $21.28 and its two-hundred day moving average price is $22.17. PowerSchool has a 52 week low of $16.41 and a 52 week high of $25.16. The stock has a market cap of $3.54 billion, a PE ratio of -91.89, a price-to-earnings-growth ratio of 0.51 and a beta of 0.89.

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). The business had revenue of $182.14 million during the quarter, compared to the consensus estimate of $183.35 million. PowerSchool had a positive return on equity of 6.08% and a negative net margin of 4.46%. As a group, sell-side analysts anticipate that PowerSchool will post 0.61 EPS for the current fiscal year.

Insider Buying and Selling at PowerSchool

In other PowerSchool news, CEO Hardeep Gulati sold 39,141 shares of PowerSchool stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $21.19, for a total transaction of $829,397.79. Following the transaction, the chief executive officer now owns 2,087,121 shares of the company’s stock, valued at approximately $44,226,093.99. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other PowerSchool news, CEO Hardeep Gulati sold 39,141 shares of PowerSchool stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $21.19, for a total transaction of $829,397.79. Following the transaction, the chief executive officer now owns 2,087,121 shares of the company’s stock, valued at approximately $44,226,093.99. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Eric Ryan Shander sold 3,047 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $20.30, for a total value of $61,854.10. Following the completion of the sale, the chief financial officer now directly owns 492,191 shares of the company’s stock, valued at approximately $9,991,477.30. The disclosure for this sale can be found here. Insiders have sold a total of 176,535 shares of company stock valued at $3,687,100 in the last 90 days. 0.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. grew its holdings in shares of PowerSchool by 2.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 17,118 shares of the company’s stock worth $403,000 after purchasing an additional 442 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its holdings in shares of PowerSchool by 2.4% during the third quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 19,512 shares of the company’s stock worth $442,000 after purchasing an additional 465 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of PowerSchool by 2.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 21,722 shares of the company’s stock worth $501,000 after purchasing an additional 502 shares during the last quarter. Janney Capital Management LLC grew its holdings in shares of PowerSchool by 2.7% during the third quarter. Janney Capital Management LLC now owns 20,082 shares of the company’s stock worth $455,000 after purchasing an additional 533 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of PowerSchool by 1.0% during the fourth quarter. Legal & General Group Plc now owns 57,366 shares of the company’s stock worth $1,352,000 after purchasing an additional 552 shares during the last quarter. 65.29% of the stock is currently owned by institutional investors and hedge funds.

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.