A Reversal for Rosetta Stone Inc. (RST) Is Not Near. The Stock Reaches 52-Week High Today

May 17, 2018 - By Tina Thibodeau

Rosetta Stone Inc. (NYSE:RST) Logo

Investors sentiment increased to 1.61 in Q4 2017. Its up 0.35, from 1.26 in 2017Q3. It is positive, as 10 investors sold Rosetta Stone Inc. shares while 21 reduced holdings. 20 funds opened positions while 30 raised stakes. 15.17 million shares or 1.48% less from 15.40 million shares in 2017Q3 were reported.
Moreover, Prudential Finance has 0% invested in Rosetta Stone Inc. (NYSE:RST) for 64,880 shares. State Street Corporation holds 0% of its portfolio in Rosetta Stone Inc. (NYSE:RST) for 286,685 shares. Vanguard Grp stated it has 0% in Rosetta Stone Inc. (NYSE:RST). Schwab Charles Investment Mgmt holds 0% of its portfolio in Rosetta Stone Inc. (NYSE:RST) for 59,068 shares. Pnc Fincl Group Inc Inc invested in 0% or 2,280 shares. Balyasny Asset Management Ltd has 13,302 shares. Blackrock reported 0% stake. Ariel Invests Ltd Liability Co holds 3.08 million shares or 0.43% of its portfolio. Bancorp Of Mellon Corporation stated it has 0% in Rosetta Stone Inc. (NYSE:RST). Group One Trading L P reported 19,300 shares or 0% of all its holdings. California Pub Employees Retirement System accumulated 78,384 shares. Trexquant Inv Ltd Partnership accumulated 16,215 shares. Federated Investors Incorporated Pa accumulated 761 shares or 0% of the stock. 4,595 are owned by Bnp Paribas Arbitrage. Parametric Portfolio Assocs Limited Liability Company holds 16,358 shares.

The stock of Rosetta Stone Inc. (NYSE:RST) hit a new 52-week high and has $16.40 target or 5.00 % above today’s $15.62 share price. The 9 months bullish chart indicates low risk for the $353.18 million company. The 1-year high was reported on May, 17 by Barchart.com. If the $16.40 price target is reached, the company will be worth $17.66 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.13% or $0.02 during the last trading session, reaching $15.62. About 61,995 shares traded. Rosetta Stone Inc. (NYSE:RST) has risen 36.60% since May 17, 2017 and is uptrending. It has outperformed by 25.05% the S&P500.

Analysts await Rosetta Stone Inc. (NYSE:RST) to report earnings on August, 14. They expect $-0.36 EPS, down 620.00 % or $0.31 from last year’s $-0.05 per share. After $-0.29 actual EPS reported by Rosetta Stone Inc. for the previous quarter, Wall Street now forecasts 24.14 % negative EPS growth.

Rosetta Stone Inc. (NYSE:RST) Ratings Coverage

Among 2 analysts covering Rosetta Stone (NYSE:RST), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rosetta Stone had 4 analyst reports since March 8, 2018 according to SRatingsIntel. The stock of Rosetta Stone Inc. (NYSE:RST) earned “Buy” rating by Barrington on Wednesday, March 14. Barrington maintained Rosetta Stone Inc. (NYSE:RST) on Tuesday, May 8 with “Buy” rating.

More notable recent Rosetta Stone Inc. (NYSE:RST) news were published by: Seekingalpha.com which released: “Rosetta Stone’s (RST) CEO John Hass on Q1 2018 – Earnings Call Transcript” on May 10, 2018, also Investingnews.com with their article: “LEAP Innovations Reports Impressive Double-digit Student Gains in Schools” published on May 07, 2018, Globenewswire.com published: “Rosetta Stone Inc. Reports First Quarter 2018 Results” on May 09, 2018. More interesting news about Rosetta Stone Inc. (NYSE:RST) were released by: Streetinsider.com and their article: “Rosetta Stone (RST) Tops Q1 EPS by 11c, Beats on Revenues” published on May 09, 2018 as well as Globenewswire.com‘s news article titled: “Rosetta Stone to Report First Quarter 2018 Financial Results on May 9” with publication date: April 25, 2018.

Rosetta Stone Inc., together with its subsidiaries, provides technology learning products in the United States and internationally. The company has market cap of $353.18 million. It operates through three divisions: Enterprise & Education Language, Literacy, and Consumer. It currently has negative earnings. The firm develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of software products, Web software subscriptions, online and professional services, audio practice products, and mobile applications.

Rosetta Stone Inc. (NYSE:RST) Institutional Positions Chart

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