Brokerages expect Cornerstone OnDemand, Inc. (NASDAQ:CSOD) to report earnings per share of $0.19 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Cornerstone OnDemand’s earnings. The highest EPS estimate is $0.21 and the lowest is $0.16. Cornerstone OnDemand reported earnings of $0.12 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 58.3%. The business is expected to report its next quarterly earnings results on Tuesday, August 6th.

According to Zacks, analysts expect that Cornerstone OnDemand will report full-year earnings of $1.03 per share for the current year, with EPS estimates ranging from $1.00 to $1.07. For the next fiscal year, analysts expect that the firm will report earnings of $1.45 per share, with EPS estimates ranging from $1.16 to $1.80. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow Cornerstone OnDemand.

Cornerstone OnDemand (NASDAQ:CSOD) last released its quarterly earnings data on Tuesday, May 7th. The software maker reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.23). The business had revenue of $140.10 million during the quarter, compared to the consensus estimate of $135.51 million. Cornerstone OnDemand had a negative return on equity of 15.15% and a negative net margin of 3.87%. The business’s revenue was up 5.2% on a year-over-year basis. During the same period last year, the company earned $0.13 EPS.

CSOD has been the subject of a number of recent analyst reports. BidaskClub raised Cornerstone OnDemand from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 12th. Bank of America upped their price objective on Cornerstone OnDemand from $62.00 to $68.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Zacks Investment Research lowered Cornerstone OnDemand from a “buy” rating to a “hold” rating in a research note on Wednesday, February 13th. JMP Securities reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Cornerstone OnDemand in a research note on Sunday, February 17th. Finally, TheStreet raised Cornerstone OnDemand from a “d” rating to a “c” rating in a research note on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $62.36.

In related news, CEO Adam L. Miller sold 21,000 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $55.15, for a total value of $1,158,150.00. Following the sale, the chief executive officer now directly owns 2,353,258 shares in the company, valued at $129,782,178.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian L. Swartz sold 6,598 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $53.87, for a total value of $355,434.26. Following the completion of the sale, the chief financial officer now owns 145,603 shares in the company, valued at $7,843,633.61. The disclosure for this sale can be found here. Insiders sold 126,365 shares of company stock worth $6,845,128 over the last quarter. 9.40% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the stock. Advisor Group Inc. lifted its position in shares of Cornerstone OnDemand by 164.0% in the fourth quarter. Advisor Group Inc. now owns 850 shares of the software maker’s stock worth $43,000 after buying an additional 528 shares in the last quarter. IFP Advisors Inc raised its position in Cornerstone OnDemand by 245.0% during the fourth quarter. IFP Advisors Inc now owns 1,080 shares of the software maker’s stock valued at $54,000 after purchasing an additional 767 shares during the period. Manchester Capital Management LLC purchased a new stake in Cornerstone OnDemand during the first quarter valued at approximately $76,000. US Bancorp DE raised its position in Cornerstone OnDemand by 55.3% during the first quarter. US Bancorp DE now owns 1,707 shares of the software maker’s stock valued at $94,000 after purchasing an additional 608 shares during the period. Finally, Pearl River Capital LLC purchased a new stake in Cornerstone OnDemand during the first quarter valued at approximately $150,000. Institutional investors own 92.13% of the company’s stock.

Shares of NASDAQ CSOD traded down $0.82 during mid-day trading on Friday, reaching $53.23. The company’s stock had a trading volume of 662,203 shares, compared to its average volume of 484,820. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of -231.43 and a beta of 1.11. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 4.88. Cornerstone OnDemand has a 52 week low of $45.89 and a 52 week high of $60.19.

Cornerstone OnDemand Company Profile

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 attract, hire, and onboard the right employees; Learning Suite, which provides robust, a modern learning management software to supports compliance, knowledge sharing, and employee-driven development training; 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 provides an aggregated view of all employee data with workforce planning, self-service management, and compliance reporting capabilities.

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Earnings History and Estimates for Cornerstone OnDemand (NASDAQ:CSOD)

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