Analysts predict that Callidus Software Inc. (NASDAQ:CALD) will report $0.10 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Callidus Software’s earnings, with estimates ranging from $0.08 to $0.14. Callidus Software posted earnings of $0.06 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 66.7%. The business is scheduled to issue its next quarterly earnings results on Thursday, May 3rd.

According to Zacks, analysts expect that Callidus Software will report full year earnings of $0.52 per share for the current year, with EPS estimates ranging from $0.46 to $0.60. For the next financial year, analysts expect that the firm will post earnings of $0.73 per share, with EPS estimates ranging from $0.63 to $0.83. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Callidus Software.

A number of equities analysts have recently commented on CALD shares. BidaskClub upgraded shares of Callidus Software from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 15th. Craig Hallum downgraded shares of Callidus Software from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Roth Capital downgraded shares of Callidus Software from a “buy” rating to a “neutral” rating and set a $36.00 price objective for the company. in a research note on Tuesday, January 30th. Zacks Investment Research downgraded shares of Callidus Software from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Piper Jaffray Companies restated a “buy” rating and set a $27.00 price objective on shares of Callidus Software in a research note on Wednesday, November 1st. Eleven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.91.

Callidus Software (NASDAQ CALD) traded up $0.05 during trading on Friday, hitting $35.80. 2,593,900 shares of the stock were exchanged, compared to its average volume of 1,804,196. Callidus Software has a one year low of $18.38 and a one year high of $36.25.

In related news, CFO Roxanne Oulman sold 6,200 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $28.01, for a total value of $173,662.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Leslie Stretch sold 15,354 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $28.33, for a total transaction of $434,978.82. The disclosure for this sale can be found here. Company insiders own 1.61% of the company’s stock.

A number of large investors have recently modified their holdings of CALD. Monarch Partners Asset Management LLC acquired a new stake in Callidus Software in the 4th quarter valued at about $10,762,000. Macquarie Group Ltd. lifted its stake in Callidus Software by 13.9% in the 3rd quarter. Macquarie Group Ltd. now owns 1,976,858 shares of the technology company’s stock valued at $48,730,000 after purchasing an additional 241,091 shares during the last quarter. BlackRock Inc. lifted its stake in Callidus Software by 5.8% in the 2nd quarter. BlackRock Inc. now owns 4,035,198 shares of the technology company’s stock valued at $97,652,000 after purchasing an additional 220,174 shares during the last quarter. Wasatch Advisors Inc. raised its holdings in Callidus Software by 4.7% in the 2nd quarter. Wasatch Advisors Inc. now owns 3,242,822 shares of the technology company’s stock valued at $78,476,000 after acquiring an additional 144,840 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Callidus Software by 28.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 592,574 shares of the technology company’s stock valued at $14,593,000 after acquiring an additional 131,538 shares during the period. Institutional investors and hedge funds own 94.22% of the company’s stock.

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About Callidus Software

Callidus Software Inc (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback, among others.

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