A number of firms have modified their ratings and price targets on shares of Cornerstone OnDemand (NASDAQ: CSOD) recently:

  • 8/9/2017 – Cornerstone OnDemand had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $47.00 price target on the stock.
  • 8/9/2017 – Cornerstone OnDemand was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Cornerstone OnDemand, Inc. is a provider of a comprehensive learning and talent management solution delivered as software-as-a-service (SaaS). Solutions offered by the Company include five integrated platforms for learning management, enterprise social networking, performance management, succession planning and extended enterprise. Cornerstone OnDemand, Inc. is based in California. “
  • 8/4/2017 – Cornerstone OnDemand had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $47.00 price target on the stock.
  • 8/4/2017 – Cornerstone OnDemand had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $46.00 price target on the stock, down previously from $50.00.
  • 8/3/2017 – Cornerstone OnDemand had its “neutral” rating reaffirmed by analysts at Mitsubishi UFJ Financial Group.
  • 7/19/2017 – Cornerstone OnDemand was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/19/2017 – Cornerstone OnDemand was upgraded by analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating. They now have a $49.00 price target on the stock, up previously from $43.00.
  • 7/14/2017 – Cornerstone OnDemand was upgraded by analysts at Needham & Company LLC from a “buy” rating to a “strong-buy” rating. They now have a $48.00 price target on the stock.
  • 7/6/2017 – Cornerstone OnDemand was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/20/2017 – Cornerstone OnDemand was downgraded by analysts at Barclays PLC from an “equal weight” rating to an “underweight” rating. They now have a $32.00 price target on the stock, down previously from $46.00.

Shares of Cornerstone OnDemand, Inc. (CSOD) opened at 34.99 on Thursday. Cornerstone OnDemand, Inc. has a 1-year low of $30.31 and a 1-year high of $47.75. The stock has a 50 day moving average of $37.49 and a 200 day moving average of $38.92. The stock’s market cap is $1.99 billion.

Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by $0.09. The firm had revenue of $116.70 million during the quarter, compared to analyst estimates of $117 million. Cornerstone OnDemand had a negative net margin of 15.39% and a negative return on equity of 182.51%. Cornerstone OnDemand’s revenue was up 9.1% compared to the same quarter last year. Equities research analysts forecast that Cornerstone OnDemand, Inc. will post $0.39 EPS for the current year.

In related news, COO Kirsten Maas Helvey sold 10,940 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of $34.11, for a total transaction of $373,163.40. Following the completion of the transaction, the chief operating officer now owns 78,842 shares of the company’s stock, valued at $2,689,300.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director R C. Mark Baker sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of $37.76, for a total transaction of $151,040.00. Following the transaction, the director now directly owns 24,000 shares of the company’s stock, valued at approximately $906,240. The disclosure for this sale can be found here. Insiders have sold 97,820 shares of company stock valued at $3,668,934 in the last ninety days. 12.60% of the stock is currently owned by company insiders.

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.

Receive News & Ratings for Cornerstone OnDemand Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cornerstone OnDemand Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.