Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has been given an average rating of “Buy” by the fourteen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $62.20.

Several brokerages recently commented on CSOD. ValuEngine upgraded shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating in a report on Friday. Zacks Investment Research upgraded shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a report on Monday, February 18th. TheStreet upgraded shares of Cornerstone OnDemand from a “d” rating to a “c” rating in a report on Wednesday, February 13th. BidaskClub upgraded shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Finally, JMP Securities reiterated a “buy” rating and set a $65.00 price target on shares of Cornerstone OnDemand in a report on Sunday, February 17th.

Shares of NASDAQ CSOD traded down $1.17 during mid-day trading on Thursday, hitting $55.05. 320,263 shares of the company’s stock traded hands, compared to its average volume of 462,575. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 4.88. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of -239.35 and a beta of 1.11. Cornerstone OnDemand has a 1 year low of $45.89 and a 1 year high of $60.19.

Cornerstone OnDemand (NASDAQ:CSOD) last announced its earnings results on Tuesday, May 7th. The software maker reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.23). The business had revenue of $140.10 million for the quarter, compared to analysts’ expectations of $135.51 million. Cornerstone OnDemand had a negative net margin of 3.87% and a negative return on equity of 15.15%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.13 earnings per share. On average, equities analysts predict that Cornerstone OnDemand will post -0.07 EPS for the current fiscal year.

In other Cornerstone OnDemand news, CEO Adam L. Miller sold 21,000 shares of the company’s stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $57.33, for a total value of $1,203,930.00. Following the transaction, the chief executive officer now directly owns 2,404,434 shares in the company, valued at approximately $137,846,201.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Harold W. Burlingame sold 1,553 shares of the company’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $52.39, for a total transaction of $81,361.67. Following the completion of the transaction, the director now owns 53,327 shares in the company, valued at $2,793,801.53. The disclosure for this sale can be found here. Insiders sold a total of 145,342 shares of company stock worth $7,969,532 over the last 90 days. Insiders own 9.40% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. FMR LLC grew its stake in Cornerstone OnDemand by 44.6% in the 1st quarter. FMR LLC now owns 1,320,828 shares of the software maker’s stock worth $72,355,000 after acquiring an additional 407,535 shares in the last quarter. BlueCrest Capital Management Ltd bought a new position in Cornerstone OnDemand in the 1st quarter worth about $207,000. Man Group plc grew its stake in Cornerstone OnDemand by 30.4% in the 1st quarter. Man Group plc now owns 610,406 shares of the software maker’s stock worth $33,438,000 after acquiring an additional 142,253 shares in the last quarter. M&T Bank Corp bought a new position in Cornerstone OnDemand in the 1st quarter worth about $245,000. Finally, Metropolitan Life Insurance Co NY grew its stake in Cornerstone OnDemand by 6.3% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 18,256 shares of the software maker’s stock worth $188,000 after acquiring an additional 1,074 shares in the last quarter. Institutional investors and hedge funds own 93.00% of the company’s stock.

Cornerstone OnDemand Company Profile

Cornerstone OnDemand, Inc, together with its subsidiaries, provides learning and human capital management software through software-as-a-service model worldwide. Its enterprise human capital management platform comprises four product suites, such as Recruiting Suite that helps organizations to attract, hire, and onboard the right employees; Learning Suite, which provides robust, a modern learning management software to supports compliance, knowledge sharing, and employee-driven development training; Performance Suite that provides tools to manage goal setting, performance reviews, competency assessments, development plans, continuous feedback, compensation management, and succession planning; and HR Administration Suite, which provides an aggregated view of all employee data with workforce planning, self-service management, and compliance reporting capabilities.

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Analyst Recommendations for Cornerstone OnDemand (NASDAQ:CSOD)

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