Short Term Rating on Cornerstone OnDemand (CSOD)

Cornerstone OnDemand (CSOD) : 10 analysts are covering Cornerstone OnDemand (CSOD) and their average rating on the stock is 1.8, which is read as a Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Cornerstone OnDemand (CSOD) : The highest short term price target forecast on Cornerstone OnDemand (CSOD) is $50 and the lowest target price is $32. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $44.79 with a standard deviation of $6.76.

For the current week, the company shares have a recommendation consensus of Buy.


Cornerstone OnDemand (NASDAQ:CSOD): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $39.46 and $39.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.39. The buying momentum continued till the end and the stock did not give up its gains. It closed at $40.62, notching a gain of 3.78% for the day. The total traded volume was 1,134,204 . The stock had closed at $39.14 on the previous day.

Cornerstone OnDemand, Inc. is a provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstones Enterprise and Mid-Market solution is a cloud-based suite that addresses hiring, developing, engaging employees throughout their careers. The Company also offers Cornerstone Growth Edition, which is a cloud-based talent management solution with learning and performance product offerings targeted to organizations with fewer than 400 employees. The Companys product offerings include Cornerstone Recruiting, Cornerstone Onboarding, Cornerstone Learning, Cornerstone Performance, Cornerstone Succession, Cornerstone Compensation, Cornerstone Extended Enterprise and Cornerstone for Salesforce. The Companys clients include multi-national companies, large domestic and foreign-based enterprises, mid-market companies, public sector organizations, higher education institutions and non-profit entities.

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