At the time of writing, Skillsoft Corp [SKIL] stock is trading at $31.46, up 2.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The SKIL shares have gain 9.27% over the last week, with a monthly amount glided 63.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On January 28, 2022, Colliers Securities initiated with a Buy rating and assigned a price target of $13 on the stock. Oppenheimer started tracking the stock assigning a Perform rating. Barclays initiated its recommendation with a Overweight and recommended $12 as its price target on August 03, 2021. Piper Sandler started tracking with a Neutral rating for this stock on July 06, 2021, and assigned it a price target of $11. In a note dated June 24, 2021, B. Riley Securities initiated an Buy rating and provided a target price of $14 on this stock.
For the past year, the stock price of Skillsoft Corp fluctuated between $5.09 and $32.00. Currently, Wall Street analysts expect the stock to reach $2.3 within the next 12 months. Skillsoft Corp [NYSE: SKIL] shares were valued at $31.46 at the most recent close of the market. An investor can expect a potential drop of -92.69% based on the average SKIL price forecast.
Analyzing the SKIL fundamentals
According to Skillsoft Corp [NYSE:SKIL], the company’s sales were 534.78M for trailing twelve months, which represents an -1.25% plunge. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.65%, and Net Profit Margin reading is -0.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -2.07 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.41 points at the first support level, and at 29.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.19, and for the 2nd resistance point, it is at 32.92.
Ratios To Look Out For
It is important to note that Skillsoft Corp [NYSE:SKIL] has a current ratio of 0.88. On the other hand, the Quick Ratio is 0.88, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 2.16.
