Callidus Software, Inc. (CALD) Scheduled to Post Earnings on Monday
Callidus Software, Inc. (NASDAQ:CALD) will post its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Callidus Software to post earnings of $0.08 per share for the quarter.
Callidus Software (NASDAQ:CALD) last posted its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.13). The business had revenue of $61.30 million during the quarter, compared to analyst estimates of $58.95 million. Callidus Software had a negative net margin of 10.08% and a negative return on equity of 6.25%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.06 earnings per share. On average, analysts expect Callidus Software to post $0.33 EPS for the current fiscal year and $0.46 EPS for the next fiscal year.
Callidus Software, Inc. (NASDAQ:CALD) traded down 0.097% during mid-day trading on Monday, hitting $25.775. The stock had a trading volume of 25,305 shares. The company has a 50-day moving average of $25.16 and a 200-day moving average of $23.27. Callidus Software, Inc. has a 12-month low of $15.15 and a 12-month high of $27.35. The stock’s market cap is $1.74 billion.
In other Callidus Software news, EVP Jimmy C. Duan sold 14,863 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $25.18, for a total transaction of $374,250.34. Following the transaction, the executive vice president now directly owns 322,236 shares of the company’s stock, valued at $8,113,902.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Roxanne Oulman sold 5,500 shares of the stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $23.89, for a total transaction of $131,395.00. Following the transaction, the chief financial officer now directly owns 159,201 shares in the company, valued at $3,803,311.89. The disclosure for this sale can be found here. Insiders have sold 171,059 shares of company stock worth $4,244,764 over the last three months. Company insiders own 1.61% of the company’s stock.
A number of equities analysts recently issued reports on the company. B. Riley reissued a “buy” rating and issued a $28.00 price objective on shares of Callidus Software in a report on Wednesday, September 27th. ValuEngine raised Callidus Software from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Oppenheimer Holdings, Inc. increased their price objective on Callidus Software to $30.00 and gave the stock an “outperform” rating in a report on Friday, June 30th. Zacks Investment Research lowered Callidus Software from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Jefferies Group LLC assumed coverage on Callidus Software in a report on Wednesday, July 26th. They issued a “buy” rating and a $29.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $26.57.
About Callidus Software
Callidus Software Inc (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage 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, among others.
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