Cornerstone OnDemand, Inc. (CSOD)
Chart Events
Performance Outlook
| Previous Close | 51.61 |
| Open | 51.73 |
| Bid | 50.66 x 800 |
| Ask | 50.94 x 800 |
| Day's Range | 50.19 - 51.87 |
| 52 Week Range | 22.22 - 55.50 |
| Volume | 460,184 |
| Avg. Volume | 449,750 |
| Market Cap | 3.289B |
| Beta (5Y Monthly) | 1.36 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.63 |
| Earnings Date | May 10, 2021 - May 14, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 62.38 |
Fair Value
Related Research
- SmarterAnalyst
Cornerstone Pops 16% After-Hours As Quarterly Earnings Blow Past Analysts’ Estimates
Cornerstone OnDemand shares jumped 16.1% in after-hours trading on Feb. 16 after its 4Q earnings paced past analysts’ estimates. The software development company reported 4Q non-GAAP diluted earnings per share (EPS) of $0.64, beating the Street consensus of $0.27. Revenues in the fourth quarter came in at $206.9 million, up by 38.3% and ahead of the consensus estimates of $196.1 million. Cornerstone OnDemand’s (CSOD) CEO, Phil Saunders said, “After a year in which we completed a major acquisition, navigated a pandemic, transitioned leadership, and initiated significant internal transformation, we believe our fourth quarter performance is indicative of the strength of this company’s opportunity, and we are confident that the steps taken over the past year will position us for sustained long-term success.” In the first quarter of FY21, the company expects revenues to generate between $203 million to $205 million. Subscription revenues are projected to land between $198 million and $200 million and non-GAAP operating income is forecasted in a range of $44 million to $46 million. For FY21, the company foresees revenues of between $847 million to $857 million. (See Cornerstone OnDemand stock analysis on TipRanks) Last month, Barclays analyst Raimo Lenschow raised the price target from $48 to $51 and reiterated a Buy rating on the stock, saying that he expects “two distinct phases” for software investments this year. Lenschow believes that in the first few months of this year, there will be a continuation of the investment trends from last year focusing on structural, high-growth names. The analyst argues that with rising COVID-19 vaccinations, a broader economic recovery could take place which could help all vendors in the software space including CSOD. The rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating. That’s based on 2 analysts recommending a Buy. The average analyst price target of $50.50 implies 9.2% upside potential to current levels. Related News: BHP Group Expects Strong Steel Demand From China To Drive 2H21 EBay Says UK Regulator Raises Concern Over $9.2B Adevinta Deal ACI Teams Up With Auriga For Self-Service Banking Platform; Street Says Buy More recent articles from Smarter Analyst: Hexo Snaps Up Zenabis Global For C$235M; Shares Pop 22% Kar Auction Services Tanks 16% After Posting Quarterly Loss Analog Devices Ramps Up Dividend By 11%; Street Is Bullish Sabre Incurs 4Q Loss As COVID-19 Hurts Sales
- Motley Fool
Cornerstone OnDemand, Inc. (CSOD) Q4 2020 Earnings Call Transcript
Image source: The Motley Fool. Cornerstone OnDemand, Inc. (NASDAQ: CSOD)Q4 2020 Earnings CallFeb 16, 2021, 4:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by and welcome to Cornerstone OnDemand's Q4 2020 Earnings Conference Call.
- Benzinga
Cornerstone OnDemand: Q4 Earnings Insights
Shares of Cornerstone OnDemand (NASDAQ:CSOD) rose after the company reported Q4 results. Quarterly Results Earnings per share rose 48.84% over the past year to $0.64, which beat the estimate of $0.27. Revenue of $206,900,000 higher by 38.31% from the same period last year, which beat the estimate of $196,060,000. Guidance Cornerstone OnDemand Sees Q1 2021 Revs $203M-$205M Vs Est. $198.3M-$206.2M How To Listen To The Conference Call Date: Feb 16, 2021 Time: 05:00 PM View more earnings on CSOD ET Webcast URL: https://edge.media-server.com/mmc/p/wv79i3er Technicals Company's 52-week high was at $59.54 Company's 52-week low was at $22.22 Price action over last quarter: Up 11.78% Company Profile Cornerstone OnDemand is a fast-growing provider of cloud-based talent-management solutions. While the company is best known for its learning management application, which is considered best in class, the company's products have evolved in recent years, with the company adding features such as recruiting, performance and other development tools. Most of the revenue is recurring, as the company is de-emphasizing implementation services and will rely more on integration partners going forward. As of the end of 2018, the company served 3,535 clients with more than 40 million users across more than 190 countries. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 16, 2021Preview: Cornerstone OnDemand's Earnings© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
