Cornerstone OnDemand (CSOD) Earns News Impact Score of 0.10
News headlines about Cornerstone OnDemand (NASDAQ:CSOD) have been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cornerstone OnDemand earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.4246014822221 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Cornerstone OnDemand (NASDAQ:CSOD) opened at $38.66 on Thursday. The company has a market capitalization of $2,220.00, a P/E ratio of -30.93 and a beta of 0.50. Cornerstone OnDemand has a 12-month low of $33.24 and a 12-month high of $44.25.
Cornerstone OnDemand (NASDAQ:CSOD) last released its quarterly earnings results on Wednesday, November 8th. The software maker reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. The company had revenue of $121.80 million for the quarter, compared to analyst estimates of $118.95 million. Cornerstone OnDemand had a negative return on equity of 173.27% and a negative net margin of 15.45%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 earnings per share. research analysts predict that Cornerstone OnDemand will post -0.66 earnings per share for the current fiscal year.
CSOD has been the subject of several recent analyst reports. Barclays boosted their target price on Cornerstone OnDemand from $32.00 to $33.00 and gave the stock an “underweight” rating in a research note on Thursday, November 9th. BidaskClub raised Cornerstone OnDemand from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. KeyCorp reaffirmed a “hold” rating on shares of Cornerstone OnDemand in a research report on Thursday, November 9th. Piper Jaffray Companies lowered Cornerstone OnDemand from an “overweight” rating to a “neutral” rating and set a $40.00 price target on the stock. in a research report on Thursday, November 9th. Finally, Zacks Investment Research lowered Cornerstone OnDemand from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Cornerstone OnDemand presently has an average rating of “Hold” and an average price target of $42.78.
In other news, Director R C. Mark Baker sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $36.95, for a total value of $110,850.00. Following the transaction, the director now owns 25,850 shares of the company’s stock, valued at $955,157.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director R C. Mark Baker sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $39.88, for a total value of $79,760.00. Following the completion of the transaction, the director now directly owns 25,850 shares in the company, valued at approximately $1,030,898. The disclosure for this sale can be found here. In the last three months, insiders sold 8,000 shares of company stock worth $295,040. Corporate insiders own 12.60% of the company’s stock.
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Cornerstone OnDemand Company Profile
Cornerstone OnDemand, Inc is a cloud computing company. The Company provides learning and human capital management software, delivered as Software-as-a-Service (SaaS). Its human capital management platform combines the talent management solutions with analytics and human resources (HR) administration solutions to enable organizations to manage the employee lifecycle.
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