Goldman Sachs Reiterates Neutral on Cornerstone OnDemand (CSOD)

By admin | 6 years ago

Cornerstone OnDemand (NASDAQ: CSOD)‘s stock had its “neutral” rating reiterated by equities research analysts at Goldman Sachs (NYSE: GS) in a research note issued to investors on Tuesday.

CSOD has been the subject of a number of other recent research reports. Analysts at Barclays Capital (NYSE: BCS) reiterated an “equalweight” rating on shares of Cornerstone OnDemand in a research note to investors on Tuesday. Separately, analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Cornerstone OnDemand in a research note to investors on Tuesday. Finally, analysts at Piper Jaffray (NYSE: PJC) raised their price target on shares of Cornerstone OnDemand from $23.00 to $24.00 in a research note to investors on Tuesday.

Cornerstone OnDemand traded down 2.81% on Tuesday, hitting $20.41. Cornerstone OnDemand has a 52-week low of $11.50 and a 52-week high of $23.50. The company’s market cap is $1.008 billion.

Cornerstone OnDemand last posted its quarterly earnings results on Monday, May 14th. The company reported ($0.10) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.10). Cornerstone OnDemand’s revenue was up 52.9% compared to the same quarter last year. Analysts expect that Cornerstone OnDemand will post $-0.06 EPS next quarter.

Cornerstone OnDemand provides talent management, learning, and performance management software delivered as Software-as-a-Service (SaaS).

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