Rosetta Stone (RST) Downgraded by ValuEngine to Buy

Rosetta Stone (NYSE:RST) was downgraded by stock analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a report released on Monday, February 4th.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Rosetta Stone from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Tuesday, January 15th. Lake Street Capital set a $21.00 price target on shares of Rosetta Stone and gave the stock a “buy” rating in a report on Wednesday, November 7th. Five analysts have rated the stock with a buy rating, Rosetta Stone presently has an average rating of “Buy” and a consensus target price of $23.00.

Shares of RST stock traded up $0.29 during trading hours on Monday, hitting $16.40. 126,127 shares of the company’s stock traded hands, compared to its average volume of 107,201. Rosetta Stone has a 12 month low of $12.74 and a 12 month high of $21.54. The company has a market capitalization of $352.07 million, a P/E ratio of -71.30 and a beta of 0.13.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of Rosetta Stone by 14.4% during the fourth quarter. BlackRock Inc. now owns 1,356,571 shares of the software maker’s stock valued at $22,249,000 after buying an additional 170,751 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Rosetta Stone by 0.6% during the third quarter. Vanguard Group Inc. now owns 1,060,995 shares of the software maker’s stock valued at $21,104,000 after buying an additional 6,215 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Rosetta Stone by 0.6% during the third quarter. Vanguard Group Inc now owns 1,060,995 shares of the software maker’s stock valued at $21,104,000 after buying an additional 6,215 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Rosetta Stone by 7.9% during the third quarter. Dimensional Fund Advisors LP now owns 698,924 shares of the software maker’s stock valued at $13,901,000 after buying an additional 51,186 shares during the last quarter. Finally, AltraVue Capital LLC acquired a new position in shares of Rosetta Stone during the fourth quarter valued at about $10,613,000. Hedge funds and other institutional investors own 77.49% of the company’s stock.

Rosetta Stone Company Profile

Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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