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

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, August 7th. 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 (NASDAQ:CSOD) opened at 37.65 on Friday. Cornerstone OnDemand has a 52-week low of $32.82 and a 52-week high of $61.85. The stock’s 50-day moving average is $41.94 and its 200-day moving average is $45.85. The company’s market cap is $2.010 billion.

Cornerstone OnDemand (NASDAQ:CSOD) last announced its earnings results 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.

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

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