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Shares of Cornerstone OnDemand (NASDAQ:CSOD) have earned a consensus rating of “Buy” from the sixteen ratings firms that are covering the stock, ARN reports. Three research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $58.92.

Shares of Cornerstone OnDemand (NASDAQ:CSOD) traded down 1.96% during mid-day trading on Friday, hitting $36.60. 164,378 shares of the company’s stock traded hands. Cornerstone OnDemand has a 1-year low of $32.82 and a 1-year high of $61.85. The stock has a 50-day moving average of $42.40 and a 200-day moving average of $46.19. The company’s market cap is $1.947 billion.

Cornerstone OnDemand (NASDAQ:CSOD) last released its earnings data on Wednesday, August 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by $0.03. The company had revenue of $61.50 million for the quarter, compared to the consensus estimate of $63.57 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was up 38.8% on a year-over-year basis. On average, analysts predict that Cornerstone OnDemand will post $-0.24 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on CSOD shares. Analysts at Maxim Group cut their price target on shares of Cornerstone OnDemand from $40.00 to $38.00 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Goldman Sachs cut their price target on shares of Cornerstone OnDemand from $59.00 to $55.00 in a research note on Thursday, May 22nd. Finally, analysts at FBR Capital Markets initiated coverage on shares of Cornerstone OnDemand in a research note on Wednesday, May 21st. They set an “outperform” rating and a $48.00 price target on the stock.

Cornerstone OnDemand, Inc is a provider of talent management solutions delivered as Software-as-a-Service (NASDAQ:CSOD).

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