Piper Sandler Maintains Overweight on PowerSchool Holdings, Raises Price Target to $22
Piper Sandler analyst Arvind Ramnani maintains PowerSchool Holdings (NYSE:PWSC) with a Overweight and raises the price target from $19 to $22.
Earnings Scheduled For November 7, 2022
Companies Reporting Before The Bell
• NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings at $0.13 per share on revenue of $36.34 million.
Earnings Preview For PowerSchool Holdings
PowerSchool Holdings (NYSE:PWSC) is set to give its latest quarterly earnings report on Monday, 2022-11-07. Here's what investors need to know before the announcement.
Analysts estimate that PowerSchool Holdings will report an earnings per share (EPS) of $0.21.
PowerSchool Holdings’s Return On Capital Employed Overview
According to data from Benzinga Pro, during Q2, PowerSchool Holdings's (NYSE:PWSC) reported sales totaled $157.59 million. Despite a 54.26% increase in earnings, the company posted a loss of $6.46 million.
‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir
On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.
Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings.
Why Avalo Therapeutics Surged 32%; Here Are 111 Biggest Movers From Yesterday
Gainers
AeroClean Technologies, Inc. (NASDAQ: AERC) gained 60.1% to settle at $7.27 on Tuesday after the company was granted US patent for an air treatment system and method.
Why Verona Pharma Is Trading Higher By Around 84%, Here Are 85 Stocks Moving In Tuesday’s Mid-Day Session
Gainers
Verona Pharma plc (NASDAQ: VRNA) shares jumped 83.6% to $12.70 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results.
Barclays Maintains Overweight Rating for PowerSchool Holdings: Here’s What You Need To Know
Barclays has decided to maintain its Overweight rating of PowerSchool Holdings (NYSE:PWSC) and raise its price target from $18.00 to $19.00.
Shares of PowerSchool Holdings are trading up 9.7% over the last 24 hours, at $16.96 per share.
Qualys, ShockWave Medical, News Corporation And Some Other Big Stocks Moving Higher On Tuesday
Verona Pharma plc (NASDAQ: VRNA) shares jumped 83.6% to $12.70 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results.
Barclays Maintains Overweight on PowerSchool Holdings, Raises Price Target to $19
Barclays analyst Saket Kalia maintains PowerSchool Holdings (NYSE:PWSC) with a Overweight and raises the price target from $18 to $19.