Rosetta Stone Inc. (RST) Raised to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Rosetta Stone Inc. (NYSE:RST) from a hold rating to a buy rating in a research report report published on Wednesday. The firm currently has $9.00 target price on the stock.

According to Zacks, “Rosetta Stone Inc., based in Arlington, Va, is a leading provider of technology-based language learning solutions consisting of software, online services and audio practice tools, primarily under the Rosetta Stone brand. Rosetta Stone offers its self-study language learning solutions in 31 languages. Its customers include individuals, educational institutions, armed forces, government agencies and corporations. Rosetta Stone, Inc. also provides an online peer-to-peer practice environment, known as SharedTalk, at, where registered language learners meet for language exchange to practice their foreign language skills. As the leading language-learning software in the world, Rosetta Stone makes learning a new language second nature. Millions of learners in more than 150 countries have already used the company’s software to gain the confidence that comes with truly knowing a new language. “

Rosetta Stone (NYSE:RST) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.41) earnings per share for the quarter, beating the consensus estimate of ($0.67) by $0.26. Rosetta Stone had a negative net margin of 17.48% and a negative return on equity of 129.51%. The firm had revenue of $45.70 million for the quarter, compared to analyst estimates of $42.93 million. During the same quarter in the prior year, the business earned ($0.38) earnings per share. The business’s quarterly revenue was down 11.1% compared to the same quarter last year.

Institutional investors have recently made changes to their positions in the stock. Prudential Financial Inc. bought a new position in shares of Rosetta Stone during the first quarter valued at $424,000. Menta Capital LLC raised its stake in Rosetta Stone by 18.3% in the first quarter. Menta Capital LLC now owns 42,750 shares of the company’s stock worth $287,000 after buying an additional 6,600 shares in the last quarter. Diker Management LLC raised its stake in Rosetta Stone by 9.5% in the first quarter. Diker Management LLC now owns 372,938 shares of the company’s stock worth $2,502,000 after buying an additional 32,500 shares in the last quarter. Strs Ohio acquired a new stake in Rosetta Stone during the second quarter worth $423,000. Finally, American Century Companies Inc. acquired a new stake in Rosetta Stone during the second quarter worth $166,000. Hedge funds and other institutional investors own 72.56% of the company’s stock.

Rosetta Stone Company Profile

Rosetta Stone Inc (Rosetta Stone) offers personalized language and reading programs. The Company’s solutions are used by schools, businesses, government organizations and individuals around the world. Its segments include Enterprise & Education, which derives revenues from sales to educational institutions, corporations and government agencies worldwide, and Consumer, which derives revenue from sales to individuals and retail partners.

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