Cornerstone OnDemand (NASDAQ:CSOD) : 9 analysts are covering Cornerstone OnDemand (NASDAQ:CSOD) and their average rating on the stock is 1.89, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Cornerstone OnDemand (NASDAQ:CSOD) : The most positive equity analysts on Cornerstone OnDemand (NASDAQ:CSOD) expects the shares to touch $50, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $43.92 with an expected fluctuation of $6.96 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, UBS maintains its view on Cornerstone OnDemand (NASDAQ:CSOD) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. UBS raises the price target from $40 per share to $50 per share on Cornerstone OnDemand . The rating by the firm was issued on June 16, 2016.
Cornerstone OnDemand (NASDAQ:CSOD): On Tuesdays trading session , Opening price of the stock was $36.8 with an intraday high of $37.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $36.28. However, the stock managed to close at $36.49, a loss of 0.38% for the day. On the previous day, the stock had closed at $36.63. The total traded volume of the day was 1,087,943 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged that Baker R C Mark, director of Cornerstone Ondemand Inc, had unloaded 5,706 shares at an average price of $42.06 in a transaction dated on June 14, 2016. The total value of the transaction was worth $239,994.
Cornerstone OnDemand, Inc. is a provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstones Enterprise and Mid-Market solution is a cloud-based suite that addresses hiring, developing, engaging employees throughout their careers. The Company also offers Cornerstone Growth Edition, which is a cloud-based talent management solution with learning and performance product offerings targeted to organizations with fewer than 400 employees. The Companys product offerings include Cornerstone Recruiting, Cornerstone Onboarding, Cornerstone Learning, Cornerstone Performance, Cornerstone Succession, Cornerstone Compensation, Cornerstone Extended Enterprise and Cornerstone for Salesforce. The Companys clients include multi-national companies, large domestic and foreign-based enterprises, mid-market companies, public sector organizations, higher education institutions and non-profit entities.