Cornerstone OnDemand Inc. (NASDAQ:CSOD) saw an upside of 0.02% to close Tuesday at $57.43 after adding $0.01 on the day. The 5-day average trading volume is 1,092,640 shares of the company’s common stock. It has gained $57.46 in the past week. An average of 1,194,630 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,419,142.
CSOD’s 1-month performance is 0.38% or $0.23 on its low of $57.08 reached on 09/20/21. The company’s shares have touched a 52-week low of $36.49 and high of $57.50, with the stock’s rally to the 52-week high happening on 08/31/21. YTD, CSOD has achieved 30.40% or $13.39. However, the current price is down -0.12%% from the 52-week high price.
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On Oct 08, 5 days have gone by since the last insider trading activity for Cornerstone OnDemand Inc. (CSOD). Miller Adam L (Co-Chair) most recently sold 3,840 shares at $57.42 per share on Oct 08. This transaction cost the insider $220,497. Co-Chair, Miller Adam L, sold 3,840 shares at a price of $57.37 on Oct 07. Then, on Sep 29, Co-Chair Miller Adam L sold 3,840 shares at a price of $57.24 per share. This transaction amounted to $219,802.
Cornerstone OnDemand Inc. (CSOD) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.86 for the sector.CSOD stock has a beta of 1.25. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.62 while the price-to-book (PB) in the most recent quarter is 12.35, with the price to cash flow ratio at 20.68.
Cornerstone OnDemand Inc.’s quick ratio for the period ended June 29 was 0.70, with the current ratio over the same period at 0.70 meaning that CSOD stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 3.44, while the total debt to equity was 3.47. In terms of profitability, the gross margin trailing 12 months is 70.10%. The trailing 12-month EBITDA margin is 19.14% while for the period ending June 29; Cornerstone OnDemand Inc.’s operating margin was 2.50%. The firm’s gross profit as reported stood at $513.9 million against revenue of $740.92 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected CSOD to announce $0.53 per share in earnings in its latest quarter, but it posted $0.73, representing a 37.70% surprise. EBITDA for the quarter stood at more than $59.19 million. CSOD stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 1.68 billion, with total debt at $1.14 billion. Shareholders hold equity totaling $66.75 million
Let’s look briefly at Cornerstone OnDemand Inc. (CSOD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 76.54% to suggest the stock is trending Overbought, with historical volatility in this time period at 0.30%.
The stock’s 5-day moving average is $57.40, reflecting a +0.17% or $0.10 change from its current price. CSOD is currently trading +0.31% above its 20-day SMA, +27.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +17.90% and +25.89% respectively.
Stochastic %K and %D was 88.61% and 89.37% and the average true range (ATR) pointed at 0.09. The RSI (14) points at 73.68%, while the 14-day stochastic is at 90.57% with the period’s ATR at 0.15. The stock’s 9-day MACD Oscillator is pointing at 0.07 and 0.11 on the 14-day charts.
In the most recent analyst report for Cornerstone OnDemand Inc. (NASDAQ: CSOD), Berenberg launched coverage with a Buy rating. Analysts offering their rating for CSOD stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate CSOD as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is CSOD’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $57.50 and a high of $83.00, with their median price target at $57.50. Looking at these predictions, the average price target given by analysts is for Cornerstone OnDemand Inc. (CSOD) stock is $63.88.