News stories about Cornerstone OnDemand (NASDAQ:CSOD) have been trending somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cornerstone OnDemand earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 46.1775702818454 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
Shares of CSOD stock opened at $44.14 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 12.89. The firm has a market cap of $2,547.57, a price-to-earnings ratio of -63.06 and a beta of 0.58. Cornerstone OnDemand has a 1 year low of $33.24 and a 1 year high of $46.19.
Cornerstone OnDemand (NASDAQ:CSOD) last announced its quarterly earnings data on Tuesday, February 13th. The software maker reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). The firm had revenue of $131.96 million during the quarter, compared to analyst estimates of $132.12 million. Cornerstone OnDemand had a negative net margin of 12.73% and a negative return on equity of 140.92%. equities analysts expect that Cornerstone OnDemand will post -0.4 EPS for the current year.
A number of research firms recently issued reports on CSOD. Zacks Investment Research upgraded Cornerstone OnDemand from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Wednesday, January 10th. ValuEngine lowered Cornerstone OnDemand from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. William Blair restated a “market perform” rating on shares of Cornerstone OnDemand in a research report on Wednesday, February 14th. BidaskClub upgraded Cornerstone OnDemand from a “hold” rating to a “buy” rating in a research report on Friday, April 13th. Finally, B. Riley boosted their price objective on Cornerstone OnDemand to $49.00 and gave the company a “buy” rating in a research report on Wednesday, March 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $45.00.
In other news, insider Adam J. Weiss sold 2,000 shares of the company’s stock in a transaction on Monday, April 16th. The stock was sold at an average price of $42.23, for a total value of $84,460.00. Following the completion of the sale, the insider now owns 120,095 shares in the company, valued at $5,071,611.85. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Kirsten Maas Helvey sold 2,694 shares of the company’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $43.35, for a total value of $116,784.90. Following the completion of the sale, the chief operating officer now owns 144,568 shares of the company’s stock, valued at approximately $6,267,022.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 107,960 shares of company stock valued at $4,549,744. Insiders own 12.60% of the company’s stock.
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About Cornerstone OnDemand
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 source and attract candidates, assess and select applicants, onboard new hires, and manage the entire recruiting process; Learning Suite, which enables clients to manage training and development programs, knowledge sharing and collaboration among employees, track compliance requirements, and support career development for employees; 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 supports employee records administration, organizational management, employee and manager self-service, workforce planning, and compliance reporting.
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