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

PowerSchool Holdings, Inc. (NYSE:PWSC) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $27.67.

Several brokerages have recently commented on PWSC. Piper Sandler restated an “overweight” rating and set a $29.00 price target on shares of PowerSchool in a research note on Wednesday, March 6th. The Goldman Sachs Group lifted their target price on PowerSchool from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, February 27th. Finally, TheStreet lowered PowerSchool from a “b-” rating to a “c” rating in a research note on Monday, January 29th.

PowerSchool Stock Performance

Shares of PowerSchool stock opened at $17.43 on Tuesday. The firm has a market cap of $3.53 billion, a P/E ratio of -91.74, a P/E/G ratio of 0.57 and a beta of 0.89. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.46. PowerSchool has a 12 month low of $16.41 and a 12 month high of $25.16. The stock’s fifty day moving average price is $21.43 and its 200-day moving average price is $22.19.

PowerSchool (NYSE:PWSC) last announced 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 firm had revenue of $182.14 million for the quarter, compared to analysts’ expectations of $183.35 million. PowerSchool had a negative net margin of 4.46% and a positive return on equity of 6.08%. On average, equities research analysts expect that PowerSchool will post 0.61 earnings per share for the current fiscal year.

Insider Transactions at PowerSchool

In related news, CRO Anthony Kender sold 6,809 shares of PowerSchool stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $20.30, for a total transaction of $138,222.70. Following the completion of the sale, the executive now owns 202,356 shares of the company’s stock, valued at $4,107,826.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other PowerSchool news, CEO Hardeep Gulati sold 39,333 shares of the business’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $20.89, for a total value of $821,666.37. Following the completion of the transaction, the chief executive officer now directly owns 1,997,821 shares of the company’s stock, valued at $41,734,480.69. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CRO Anthony Kender sold 6,809 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 $138,222.70. Following the completion of the transaction, the executive now directly owns 202,356 shares of the company’s stock, valued at $4,107,826.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 176,535 shares of company stock worth $3,687,100. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PWSC. Vanguard Group Inc. raised its stake in shares of PowerSchool by 38.3% during the 4th quarter. Vanguard Group Inc. now owns 9,511,416 shares of the company’s stock worth $224,089,000 after buying an additional 2,634,169 shares during the period. Wellington Management Group LLP increased its position in shares of PowerSchool by 8.9% during the third quarter. Wellington Management Group LLP now owns 7,101,238 shares of the company’s stock worth $160,914,000 after purchasing an additional 580,969 shares in the last quarter. Wasatch Advisors LP grew its holdings in PowerSchool by 12.7% in the 1st quarter. Wasatch Advisors LP now owns 3,932,460 shares of the company’s stock valued at $83,722,000 after buying an additional 442,340 shares in the last quarter. BlackRock Inc. grew its holdings in PowerSchool by 5.2% in the 2nd quarter. BlackRock Inc. now owns 3,807,738 shares of the company’s stock valued at $72,880,000 after buying an additional 188,610 shares in the last quarter. Finally, Blair William & Co. IL grew its holdings in PowerSchool by 8.1% in the 3rd quarter. Blair William & Co. IL now owns 3,310,993 shares of the company’s stock valued at $75,027,000 after buying an additional 248,612 shares in the last quarter. 65.29% of the stock is owned by institutional investors and hedge funds.

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.