Rosetta Stone (RST) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Rosetta Stone (NYSE:RST) from a buy rating to a hold rating in a report released on Tuesday.

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 www.sharedtalk.com, 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. “

A number of other research analysts also recently weighed in on RST. ValuEngine downgraded Rosetta Stone from a strong-buy rating to a buy rating in a research note on Monday, February 4th. Lake Street Capital set a $21.00 price target on Rosetta Stone and gave the stock a buy rating in a research report on Wednesday, November 7th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $22.75.

Shares of RST stock opened at $15.84 on Tuesday. Rosetta Stone has a twelve month low of $12.36 and a twelve month high of $21.54. The company has a market capitalization of $352.53 million, a P/E ratio of -68.87 and a beta of 0.13.

Several large investors have recently made changes to their positions in the company. Great West Life Assurance Co. Can acquired a new stake in shares of Rosetta Stone during the 4th quarter worth approximately $54,000. Citigroup Inc. grew its holdings in shares of Rosetta Stone by 14.3% during the 4th quarter. Citigroup Inc. now owns 6,587 shares of the software maker’s stock worth $108,000 after purchasing an additional 825 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Rosetta Stone during the 3rd quarter worth approximately $211,000. First Mercantile Trust Co. grew its holdings in shares of Rosetta Stone by 242.0% during the 4th quarter. First Mercantile Trust Co. now owns 11,097 shares of the software maker’s stock worth $182,000 after purchasing an additional 7,852 shares in the last quarter. Finally, MetLife Investment Advisors LLC grew its holdings in shares of Rosetta Stone by 55.2% during the 3rd quarter. MetLife Investment Advisors LLC now owns 15,272 shares of the software maker’s stock worth $304,000 after purchasing an additional 5,429 shares in the last quarter. 75.70% of the stock is currently owned by institutional investors.

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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