TaskUs, Inc. (NASDAQ:TASK – Get Free Report) shares hit a new 52-week high during trading on Friday after Robert W. Baird raised their price target on the stock from $14.00 to $16.00. Robert W. Baird currently has an outperform rating on the stock. TaskUs traded as high as $15.63 and last traded at $15.31, with a volume of 50532 shares trading hands. The stock had previously closed at $14.86.
TASK has been the topic of a number of other research reports. Guggenheim started coverage on TaskUs in a research note on Tuesday, March 19th. They issued a “neutral” rating and a $13.00 price target on the stock. Citigroup dropped their price objective on TaskUs from $16.00 to $14.00 and set a “buy” rating on the stock in a research note on Monday, April 22nd. Finally, The Goldman Sachs Group began coverage on TaskUs in a research note on Monday, June 24th. They set a “sell” rating and a $12.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $13.63.
Read Our Latest Research Report on TASK
Institutional Trading of TaskUs
TaskUs Price Performance
The company has a market cap of $1.35 billion, a P/E ratio of 29.14, a PEG ratio of 5.45 and a beta of 2.32. The company has a fifty day moving average price of $13.86 and a two-hundred day moving average price of $12.78. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.36 and a current ratio of 3.36.
TaskUs (NASDAQ:TASK – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. TaskUs had a return on equity of 16.61% and a net margin of 5.23%. The business had revenue of $227.47 million during the quarter, compared to analysts’ expectations of $223.50 million. On average, sell-side analysts anticipate that TaskUs, Inc. will post 0.83 earnings per share for the current fiscal year.
TaskUs Company Profile
TaskUs, Inc provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.
Further Reading
- Five stocks we like better than TaskUs
- Manufacturing Stocks Investing
- This Financial Stock’s Earnings Signal a Buying Opportunity
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Social Platform Stock Hits New Highs: Is More Growth Ahead?
- What Are Dividend Achievers? An Introduction
- A Rising Wedge Pattern Signals Reversal for This Stock
Receive News & Ratings for TaskUs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TaskUs and related companies with MarketBeat.com's FREE daily email newsletter.