Press coverage about Callidus Software (NASDAQ:CALD) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Callidus Software earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 45.3111019311331 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Callidus Software (NASDAQ CALD) traded up $0.03 during mid-day trading on Wednesday, reaching $35.95. The company’s stock had a trading volume of 959,606 shares, compared to its average volume of 1,711,617. The company has a market cap of $2,389.25, a P/E ratio of -115.96 and a beta of 1.14. Callidus Software has a 1-year low of $19.25 and a 1-year high of $36.25.
Callidus Software (NASDAQ:CALD) last posted its earnings results on Thursday, February 8th. The technology company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. The firm had revenue of $69.51 million during the quarter, compared to the consensus estimate of $65.54 million. Callidus Software had a negative return on equity of 4.16% and a negative net margin of 8.01%. sell-side analysts expect that Callidus Software will post -0.03 EPS for the current fiscal year.
A number of research analysts recently issued reports on CALD shares. BidaskClub upgraded Callidus Software from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 15th. Craig Hallum downgraded Callidus Software from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Roth Capital downgraded Callidus Software from a “buy” rating to a “neutral” rating and set a $36.00 price target for the company. in a research note on Tuesday, January 30th. Zacks Investment Research downgraded Callidus Software from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Piper Jaffray Companies downgraded Callidus Software from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 30th. Eleven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $32.91.
In other news, insider Leslie Stretch sold 15,354 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $28.33, for a total transaction of $434,978.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.61% of the stock is currently owned by corporate insiders.
Callidus Software Company Profile
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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