Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

Skillsoft Corp. (SKIL) shares soared 29% in the last trading session to close at $14.51. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 34.6% loss over the past four weeks. The company is benefiting from a growing content and platform segment, driven by increased expansion bookings and business wins. This company is expected to post quarterly loss of $3.06 per share in its upcoming report, which represents a year-over-year chang ...

Shares of Skillsoft Corp. (SKIL) have gained 7.1% over the past four weeks to close the last trading session at $14.02, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $36.67 indicates a potential upside of 161.6%. The mean estimate comprises three short-term price targets with a standard deviation of $15.28. While the lowest estimate of $20 indicates a 42.7% increase from the c ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

Company Overview - Skillsoft Corp. (SKIL) shares increased by 18% in the last trading session, closing at $18.01, with notable trading volume compared to typical sessions. The stock has gained 23.1% over the past four weeks [1] - The company is expected to report a quarterly loss of $3.06 per share, reflecting a year-over-year change of +15%. Revenue is anticipated to be $131.39 million, down 6.9% from the same quarter last year [4] Industry Context - Skillsoft operates within the Zacks Technology Services industry, which includes other companies like Outbrain Inc. (OB). Outbrain's stock finished 2.7% lower at $4.75, with a return of -1.2% over the past month [3] - Skillsoft benefits from a strong position in the growing core enterprise learning market, particularly through its content and platform segment, and has seen growth in Asian markets along with customer wins and expansions [5] Earnings Estimates - The consensus EPS estimate for Skillsoft has been revised 10% higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [6] - In contrast, Outbrain's consensus EPS estimate has remained unchanged at -$0.10, representing a year-over-year change of -25% [7]

Therefore, the Zacks rating upgrade for Skillsoft basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices The upgrade of Skillsoft to a Zack ...

Core Viewpoint - Skillsoft Corp. (SKIL) shares have increased by 13.5% in the past four weeks, closing at $10.16, with a potential upside of 260.9% based on Wall Street analysts' mean price target of $36.67 [1] Price Targets and Analyst Consensus - The average price target for SKIL ranges from a low of $20 to a high of $50, with a standard deviation of $15.28, indicating a high degree of agreement among analysts about the stock's price movement [8] - The lowest estimate suggests a 96.9% increase from the current price, while the most optimistic estimate indicates a 392.1% upside [8] - Analysts have shown strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [9][13] Earnings Estimates and Market Sentiment - The Zacks Consensus Estimate for SKIL has increased by 15.5% over the last 30 days, reflecting positive sentiment among analysts regarding the company's earnings prospects [6] - SKIL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential for upside in the near term [14]

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Financial Data and Key Metrics Changes - Content and platform revenue was $98 million, roughly flat year-over-year, impacted by tighter budgets and softer consumer subscription performance [9] - Total revenue was $128 million, down 6% year-over-year, with adjusted EBITDA at $19 million or 15% of revenue compared to $22 million or 16% in the prior year [43][44] - General and administrative expenses increased by 10% year-over-year to $20 million, while total operating expenses were $109 million, down 4% year-over-year [10][11] Business Line Data and Key Metrics Changes - Instructor-led training revenue decreased by 20% year-over-year to $30 million, influenced by the exit from the apprenticeship business in the UK [9] - The long-term dollar retention rate was approximately 99%, down from 101% in Q1 of the previous year [9] Market Data and Key Metrics Changes - The instructor-led training market is growing globally, but Skillsoft's performance in this segment has been challenged [16][68] - The company is seeing good expansion in selected Asian markets, while Europe continues to show positive growth [74] Company Strategy and Development Direction - The company is evolving its strategy to strengthen operational foundations and improve execution, focusing on a dual business unit structure [5][6] - Skillsoft aims to leverage its unique digital capabilities and interactive learning experiences to capture growth in the individual learner market [16] - The company is committed to enhancing its leadership position in a fragmented industry by offering an end-to-end interactive learning solution [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed disappointment in the first quarter results but remains confident in the long-term market opportunity [20] - The company is addressing operational challenges and expects improvements in performance in the coming quarters [20][90] - Management highlighted the importance of adapting to a skill-centric economy driven by technological advancements like generative AI [7] Other Important Information - Cash flow from operations was $15 million, with positive free cash flow of $10 million in the quarter [22] - The company maintains a solid balance sheet with cash and cash equivalents of $150 million, up from $147 million in the previous quarter [45] Q&A Session Summary Question: Concerns about restructuring and full-year outlook - Management acknowledged the need for operational discipline and execution focus, expressing confidence in achieving full-year guidance despite a softer start [25][27] Question: Impact of enterprise renewal rates and specific industries - Management noted that while there are pressures, they do not see significant changes across industry verticals, with some softness observed [33][40] Question: Challenges in the instructor-led training business - Management indicated that execution issues are primarily responsible for the challenges, with confidence in fixing these operational matters quickly [55][68] Question: Geographic performance and market share - Management reported no significant geographic divergence affecting performance, with positive growth in selected Asian markets [74] Question: Engagement metrics and user outcomes - Management emphasized the importance of measuring outcomes rather than just usage, aligning with customer expectations for retention and career mobility [81][85]

Skillsoft Corp. (SKIL) came out with a quarterly loss of $3.42 per share versus the Zacks Consensus Estimate of a loss of $4. This compares to loss of $3.60 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Skillsoft? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impres ...