Barclays analyst Saket Kalia maintained a Buy rating on PowerSchool (PWSC – Research Report) today and set a price target of $28.00. The company’s shares closed yesterday at $22.59.
Kalia covers the Technology sector, focusing on stocks such as Zscaler, Autodesk, and Palo Alto Networks. According to TipRanks, Kalia has an average return of 16.2% and a 62.45% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PowerSchool with a $28.29 average price target, implying a 25.23% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $30.00 price target.
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PWSC market cap is currently $4.69B and has a P/E ratio of -117.29.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PWSC in relation to earlier this year.
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PowerSchool (PWSC) Company Description:
PowerSchool Holdings Inc is a provider of cloud-based software to the K-12 education market. Its cloud-based technology platform helps schools and districts efficiently manage state reporting and related compliance, special education, finance, HR, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics in one place. The company earns revenue from subscription offerings, perpetual software licenses, maintenance and support services, and professional services.
Read More on PWSC:
- PWSC Upcoming Earnings Report: What to Expect?
- PowerSchool acquires Allovue, terms not disclosed
- Rocket Online Schools selects PowerSchool Student Information Cloud
- River East Transcona School Division taps PowerSchool to modernize processes
- PowerSchool price target lowered to $29 from $30 at Cantor Fitzgerald
