Callidus Software (CALD) : Zacks Investment Research ranks Callidus Software (CALD) as 2, which is a Buy recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.25, which indicates as a Strong Buy.
Callidus Software (CALD) stock is expected to deviate a maximum of $3.92 from the average target price of $23 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $31 and the most muted being $20.
For the current week, the company shares have a recommendation consensus of Buy. Callidus Software (NASDAQ:CALD): The stock was completely flat for the day, closing at $19.85 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $19.99, the stock touched an intraday high of $20.04 and a low of $19.78. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $19.85. The total trading volume on Thursday was 659,320.
In a related news, Culhane Mark, director of Callidus Software Inc, unloaded 15,000 shares at an average price of $17.15 on May 16, 2016. The total amount of the transaction was worth $257,250, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.