Cornerstone OnDemand (CSOD) Receives Media Impact Rating of 0.25

Press coverage about Cornerstone OnDemand (NASDAQ:CSOD) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cornerstone OnDemand earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 45.608531196131 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Cornerstone OnDemand (NASDAQ CSOD) opened at 34.22 on Friday. The firm’s market cap is $1.97 billion. Cornerstone OnDemand has a 12 month low of $30.31 and a 12 month high of $47.75. The company’s 50 day moving average is $36.95 and its 200-day moving average is $38.44.

Cornerstone OnDemand (NASDAQ:CSOD) last posted its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.29) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by $0.09. Cornerstone OnDemand had a negative return on equity of 182.51% and a negative net margin of 15.39%. The firm had revenue of $116.70 million for the quarter, compared to the consensus estimate of $117 million. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities research analysts predict that Cornerstone OnDemand will post $0.39 EPS for the current year.

CSOD has been the subject of a number of analyst reports. Credit Suisse Group reaffirmed a “hold” rating and set a $43.00 price objective on shares of Cornerstone OnDemand in a report on Monday, May 15th. Wells Fargo & Company initiated coverage on shares of Cornerstone OnDemand in a report on Thursday, May 11th. They set a “market perform” rating and a $37.00 price objective for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $48.00 price objective on shares of Cornerstone OnDemand in a report on Wednesday, May 3rd. BidaskClub downgraded shares of Cornerstone OnDemand from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and set a $46.00 price objective (down from $50.00) on shares of Cornerstone OnDemand in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $44.43.

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In other news, CFO Brian L. Swartz sold 5,000 shares of the stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $40.00, for a total value of $200,000.00. Following the completion of the transaction, the chief financial officer now owns 111,613 shares of the company’s stock, valued at $4,464,520. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Adam L. Miller sold 30,000 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $40.69, for a total transaction of $1,220,700.00. Following the completion of the transaction, the chief executive officer now directly owns 3,551,070 shares of the company’s stock, valued at approximately $144,493,038.30. The disclosure for this sale can be found here. Insiders have sold 93,820 shares of company stock valued at $3,517,894 in the last ninety days. 12.60% of the stock is currently owned by company insiders.

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.

Insider Buying and Selling by Quarter for Cornerstone OnDemand (NASDAQ:CSOD)

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