Cornerstone OnDemand, Inc. (CSOD) to Release Earnings on Wednesday

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) will be releasing its earnings data after the market closes on Wednesday, November 1st. Analysts expect Cornerstone OnDemand to post earnings of $0.10 per share for the quarter.

Cornerstone OnDemand (NASDAQ:CSOD) last issued its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.20) by ($0.09). The firm had revenue of $116.70 million for the quarter, compared to the consensus estimate of $117.00 million. Cornerstone OnDemand had a negative net margin of 15.39% and a negative return on equity of 182.51%. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, analysts expect Cornerstone OnDemand to post $-0.69 EPS for the current fiscal year and $-0.44 EPS for the next fiscal year.

Cornerstone OnDemand, Inc. (NASDAQ CSOD) opened at 37.99 on Tuesday. Cornerstone OnDemand, Inc. has a one year low of $30.31 and a one year high of $44.25. The company’s market capitalization is $2.19 billion. The company’s 50-day moving average is $39.36 and its 200 day moving average is $37.60.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Cornerstone OnDemand from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $46.00 target price (down from $50.00) on shares of Cornerstone OnDemand in a research note on Friday, August 4th. B. Riley reaffirmed a “buy” rating and set a $47.00 target price on shares of Cornerstone OnDemand in a research note on Friday, August 4th. Credit Suisse Group raised shares of Cornerstone OnDemand from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $43.00 to $49.00 in a research note on Wednesday, July 19th. Finally, BidaskClub raised shares of Cornerstone OnDemand from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $43.42.

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In other Cornerstone OnDemand news, CEO Adam L. Miller sold 6,000 shares of Cornerstone OnDemand stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $40.81, for a total transaction of $244,860.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Adam L. Miller sold 24,000 shares of Cornerstone OnDemand stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $41.28, for a total transaction of $990,720.00. Following the sale, the chief executive officer now owns 3,539,587 shares of the company’s stock, valued at $146,114,151.36. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,000 shares of company stock valued at $1,429,460. Company insiders own 12.60% of the company’s stock.

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.

Earnings History for Cornerstone OnDemand (NASDAQ:CSOD)

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