Positive Media Coverage Somewhat Likely to Affect Cornerstone OnDemand (CSOD) Share Price

News headlines about Cornerstone OnDemand (NASDAQ:CSOD) have trended positive on Friday, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cornerstone OnDemand earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also gave news stories about the software maker an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have impacted Alpha One Sentiment’s rankings:

Several research analysts have commented on CSOD shares. Needham & Company LLC reiterated a “buy” rating and issued a $48.00 target price on shares of Cornerstone OnDemand in a report on Tuesday, January 17th. Piper Jaffray Companies set a $48.00 target price on shares of Cornerstone OnDemand and gave the stock a “buy” rating in a report on Wednesday, January 25th. B. Riley reiterated a “buy” rating and issued a $47.00 target price on shares of Cornerstone OnDemand in a report on Tuesday, February 14th. DA Davidson reiterated a “buy” rating on shares of Cornerstone OnDemand in a report on Tuesday, February 14th. Finally, Credit Suisse Group AG reiterated a “hold” rating on shares of Cornerstone OnDemand in a report on Wednesday, February 15th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $44.87.

Cornerstone OnDemand (NASDAQ:CSOD) traded up 0.60% during mid-day trading on Friday, hitting $36.80. 314,508 shares of the stock were exchanged. Cornerstone OnDemand has a 12-month low of $30.31 and a 12-month high of $47.75. The stock’s market capitalization is $2.08 billion. The firm has a 50-day moving average price of $38.86 and a 200-day moving average price of $40.11.

Cornerstone OnDemand (NASDAQ:CSOD) last announced its quarterly earnings data on Monday, February 13th. The software maker reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by $0.21. Cornerstone OnDemand had a negative return on equity of 325.21% and a negative net margin of 15.80%. The company had revenue of $109 million for the quarter, compared to the consensus estimate of $108.46 million. During the same quarter in the prior year, the company earned ($0.02) EPS. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. Equities analysts predict that Cornerstone OnDemand will post $0.36 earnings per share for the current fiscal year.

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Cornerstone OnDemand Company Profile

Cornerstone OnDemand, Inc is a cloud computing company. The Company provides learning and human capital management software, delivered as Software-as-a-Service (SaaS). Its human capital management platform combines the talent management solutions with analytics and human resources (HR) administration solutions to enable organizations to manage the employee lifecycle.

5 Day Chart for NASDAQ:CSOD

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