Cornerstone OnDemand Inc. [NASDAQ: CSOD] loss -1.99% or -0.76 points to close at $37.18 with a heavy trading volume of 1943554 shares. It opened the trading session at $36.64, the shares rose to $37.67 and dropped to $34.78, the range by which the price of stock traded the whole day. The daily chart for CSOD points out that the company has recorded -32.83% loss over the past six months. However, it is still -67.33% lower than its most recent low trading price.
If we look at the average trading volume of 1.02M shares, CSOD reached to a volume of 1943554 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Cornerstone OnDemand Inc. [CSOD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CSOD shares is $42.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CSOD stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Cornerstone OnDemand Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 25, 2020. While these analysts kept the previous recommendation, Mizuho dropped their target price from $65 to $50. The new note on the price target was released on February 25, 2020, representing the official price target for Cornerstone OnDemand Inc. stock. Previously, the target price had yet another raise to $70, while Needham analysts kept a Buy rating on CSOD stock.
The Average True Range (ATR) for Cornerstone OnDemand Inc. is set at 1.74, with the Price to Sales ratio for CSOD stock in the period of the last 12 months amounting to 3.95. The Price to Book ratio for the last quarter was 12.65, with the Price to Cash per share for the same quarter was set at 7.32. Price to Free Cash Flow for CSOD in the course of the last twelve months was 23.31 with Quick ratio for the last quarter at 1.60.
Trading performance analysis for CSOD stock
Cornerstone OnDemand Inc. [CSOD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.83. With this latest performance, CSOD shares gained by 10.03% in over the last four-week period, additionally sinking by -32.83% over the last 6 months – not to mention a drop of -30.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CSOD stock in for the last two-week period is set at 49.25, with the RSI for the last a single of trading hit 42.07, and the three-weeks RSI is set at 49.93 for Cornerstone OnDemand Inc. [CSOD]. The present Moving Average for the last 50 days of trading for this stock 34.74, while it was recorded at 38.47 for the last single week of trading, and 48.62 for the last 200 days.
Cornerstone OnDemand Inc. [CSOD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Cornerstone OnDemand Inc. [CSOD] shares currently have an operating margin of +2.07 and a Gross Margin at +74.12. Cornerstone OnDemand Inc.’s Net Margin is presently recorded at -0.70.
Return on Total Capital for CSOD is now 2.60, given the latest momentum, and Return on Invested Capital for the company is -0.89. Return on Equity for this stock declined to -3.78, with Return on Assets sitting at -0.46. When it comes to the capital structure of this company, Cornerstone OnDemand Inc. [CSOD] has a Total Debt to Total Equity ratio set at 231.95. Additionally, CSOD Total Debt to Total Capital is recorded at 69.88, with Total Debt to Total Assets ending up at 38.05. Long-Term Debt to Equity for the company is recorded at 227.39, with the Long-Term Debt to Total Capital now at 68.50.
Reflecting on the efficiency of the workforce at the company, Cornerstone OnDemand Inc. [CSOD] managed to generate an average of -$2,027 per employee. Receivables Turnover for the company is 4.50 with a Total Asset Turnover recorded at a value of 0.65.Cornerstone OnDemand Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.
Cornerstone OnDemand Inc. [CSOD]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Cornerstone OnDemand Inc. posted 0.19/share EPS, while the average EPS was predicted by analysts to be reported at 0.21/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -9.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CSOD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cornerstone OnDemand Inc. go to 31.57%.
An analysis of insider ownership at Cornerstone OnDemand Inc. [CSOD]
There are presently around $2,163 million, or 90.30% of CSOD stock, in the hands of institutional investors. The top three institutional holders of CSOD stocks are: VANGUARD GROUP INC with ownership of 5,824,847, which is approximately 2.494% of the company’s market cap and around 4.40% of the total institutional ownership; BLACKROCK INC., holding 3,979,639 shares of the stock with an approximate value of $150.97 million in CSOD stocks shares; and RIVULET CAPITAL, LLC, currently with $148.9 million in CSOD stock with ownership of nearly New of the company’s market capitalization.
Positions in Cornerstone OnDemand Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 87 institutional holders increased their position in Cornerstone OnDemand Inc. [NASDAQ:CSOD] by around 12,707,064 shares. Additionally, 150 investors decreased positions by around 13,640,772 shares, while 19 investors held positions by with 30,658,592 shares. The mentioned changes placed institutional holdings at 57,006,428 shares, according to the latest SEC report filing. CSOD stock had 35 new institutional investments in for a total of 8,248,268 shares, while 79 institutional investors sold positions of 6,346,432 shares during the same period.