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Cornerstone OnDemand (CSOD) Looks Good: Stock Adds 15% in Session

Zacks

Cornerstone OnDemand, Inc. CSOD was a big mover last session, as the company saw its shares rise 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.7% in the past one-month time frame.

The stock gained after the company reported that it has hired financial advisors for a strategic review.

The company has seen one negative estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Cornerstone OnDemand currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.


A better-ranked stock in the Computer – Software industry is Dassault Systemes SA DASTY, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CSOD going up? Or down? Predict to see what others think: Up or Down

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