Cornerstone OnDemand (CSOD) Getting Somewhat Positive News Coverage, Report Finds

Headlines about Cornerstone OnDemand (NASDAQ:CSOD) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.20 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 45.5219468821759 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern’s rankings:

Cornerstone OnDemand opened at $52.90 on Thursday, according to Marketbeat.com. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 8.85. The firm has a market cap of $3.07 billion, a P/E ratio of -75.57 and a beta of 0.56. Cornerstone OnDemand has a 1 year low of $33.24 and a 1 year high of $53.75.



Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings data on Tuesday, May 8th. The software maker reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.08. The business had revenue of $133.11 million during the quarter, compared to the consensus estimate of $126.95 million. Cornerstone OnDemand had a negative net margin of 12.18% and a negative return on equity of 119.83%. Cornerstone OnDemand’s quarterly revenue was up 19.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 EPS. equities research analysts expect that Cornerstone OnDemand will post -0.28 earnings per share for the current year.

Several analysts have commented on CSOD shares. BidaskClub raised shares of Cornerstone OnDemand from a “hold” rating to a “buy” rating in a research report on Wednesday, February 21st. Needham & Company LLC reissued a “strong-buy” rating and issued a $55.00 target price (up from $48.00) on shares of Cornerstone OnDemand in a research report on Wednesday, March 14th. Credit Suisse Group boosted their target price on shares of Cornerstone OnDemand from $49.00 to $51.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 14th. B. Riley boosted their target price on shares of Cornerstone OnDemand to $49.00 and gave the stock a “buy” rating in a research report on Wednesday, March 14th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $46.00 target price on shares of Cornerstone OnDemand in a research report on Thursday, March 15th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $49.89.

In related news, CFO Brian L. Swartz sold 15,862 shares of the company’s stock in a transaction on Thursday, May 3rd. The shares were sold at an average price of $44.94, for a total transaction of $712,838.28. Following the completion of the sale, the chief financial officer now directly owns 179,079 shares of the company’s stock, valued at approximately $8,047,810.26. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction of $84,460.00. Following the sale, the insider now directly owns 120,095 shares of the company’s stock, valued at $5,071,611.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 81,710 shares of company stock valued at $3,847,894. 11.70% of the stock is owned by insiders.

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.

Insider Buying and Selling by Quarter for Cornerstone OnDemand (NASDAQ:CSOD)

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