In yesterday’s Wall Street session, Skillsoft Corp. (NYSE:SKIL) shares traded at $1.60, down -5.33% from the previous session.
6 analysts cover Skillsoft Corp. (NYSE:SKIL), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $2.30, we find $4.00. Given the previous closing price of $1.69, this indicates a potential upside of 136.69 percent. SKIL stock price is now -2.56% away from the 50-day moving average and -51.08% away from the 200-day moving average. The market capitalization of the company currently stands at $264.70M.
The stock has received a hold rating from 2 analysts and a buy rating from 3. Brokers who have rated the stock have averaged $3.94 as their price target over the next twelve months.
, while ‘Colliers Securities’ rates the stock as ‘Buy’.
In other news, Illg Lawrence Charles, Director bought 50,000 shares of the company’s stock on Dec 21. The stock was bought for $59,500 at an average price of $1.19. Upon completion of the transaction, the Director now directly owns 50,000 shares in the company, valued at $80000.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 20, CHIEF ACCOUNTING OFFICER TORRES JOSE bought 50,000 shares of the business’s stock. A total of $54,050 was incurred on buying the stock at an average price of $1.08. This leaves the insider owning 50,000 shares of the company worth $80000.0. Insiders disposed of 17,623,353 shares of company stock worth roughly $28.2 million over the past 1 year. A total of 3.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SKIL stock. A new stake in Skillsoft Corp. shares was purchased by CONTRARIAN CAPITAL MANAGEMENT, L.L.C. during the first quarter worth $304,000. THRIVE CAPITAL MANAGEMENT, LLC invested $141,000 in shares of SKIL during the first quarter. In the first quarter, AQR CAPITAL MANAGEMENT LLC acquired a new stake in Skillsoft Corp. valued at approximately $78,000. ROUND TABLE SERVICES, LLC acquired a new stake in SKIL for approximately $76,000. BNP PARIBAS ARBITRAGE, SNC purchased a new stake in SKIL valued at around $68,000 in the second quarter. In total, there are 147 active investors with 74.80% ownership of the company’s stock.
On Monday morning Skillsoft Corp. (NYSE: SKIL) stock kicked off with the opening price of $1.6600. During the past 12 months, Skillsoft Corp. has had a low of $1.03 and a high of $7.64. As of last week, the company has a debt-to-equity ratio of 1.10, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for SKIL is $1.6420 and a two-hundred day moving average price translates $3.2704 for the stock.
The latest earnings results from Skillsoft Corp. (NYSE: SKIL) was released for Jul, 2022. According to the Education & Training Services Company, earnings per share came in at -$0.74, missing analysts’ expectations of -$0.18 by -0.56. This compares to $0.04 EPS in the same period last year. The company reported revenue of $139.39 million for the quarter, compared to $140.15 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.54 percent. For the current quarter, analysts expect SKIL to generate $139.23M in revenue.
Skillsoft Corp.(SKIL) Company Profile
Skillsoft Corp. provides corporate digital learning services in the United States and internationally. The company operates through Content, Global Knowledge, and SumTotal segments. It offers enterprise learning solutions to prepare organizations for the future of work, as well as enable them to overcome critical skill gaps, drive demonstrable behavior-change, and unlock the potential in their greatest assets. In addition, it provides various platform capabilities, such as open platform, custom channels and journeys, administrator-promoted content, and flexible assignments, tracking and in-depth reporting, training groups, and records management. Further, the company offers learning management systems and talent management software. The company is based in Nashua, New Hampshire.