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.
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.
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