TaskUs (TASK) Stock Price, News & Analysis

Company Overview

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. The company also provides trust and safety solutions, such as review and disposition of user and advertiser generated visual, text, and audio content, which include removal or labeling of policy violating, and offensive or misleading content, as well as risk management, compliance, identity management, and fraud services; and artificial intelligence (AI) solutions that consist of data labeling, annotation, context relevance, and transcription services for training and tuning machine learning algorithms that enables to develop AI systems. It serves clients in various industry segments comprising e-commerce, FinTech, food delivery and ride sharing, gaming, technology, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.

Key Stats

• Today's Range: $14.31 to $15.38
• 50-Day Range: $13.76 to $18.94
• 52-Week Range: $10.56 to $19.60
• Volume: 272,723 shs
• Average Volume: 318,103 shs
• Market Capitalization: $1.36 billion
• P/E Ratio: 25.85
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Hold

TaskUs Stock Analysis - MarketRank™

TaskUs scored higher than 33% of companies evaluated by MarketBeat, and ranked 510th out of 678 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

TaskUs has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 4 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

TaskUs has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -5.56%

Earnings Growth

Earnings for TaskUs are expected to decrease by -5.56% in the coming year, from $0.90 to $0.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TaskUs is 25.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of TaskUs is 25.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 230.79.

Price to Earnings Growth Ratio

TaskUs has a PEG Ratio of 4.67. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

TaskUs has a P/B Ratio of 3.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.18% of the float of TaskUs has been sold short.

Short Interest Ratio / Days to Cover

TaskUs has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in TaskUs has recently increased by 16.53%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

TaskUs does not currently pay a dividend.

Dividend Growth

TaskUs does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.18% of the float of TaskUs has been sold short.

Short Interest Ratio / Days to Cover

TaskUs has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in TaskUs has recently increased by 16.53%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.52

News Sentiment

TaskUs has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for TaskUs this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for TASK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, TaskUs insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,548,902.00 in company stock.

Percentage Held by Insiders

29.26% of the stock of TaskUs is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

44.64% of the stock of TaskUs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TASK Stock Analysis - Frequently Asked Questions

How have TASK shares performed this year?

TaskUs' stock was trading at $16.94 on January 1st, 2025. Since then, TASK shares have decreased by 10.0% and is now trading at $15.25.
View the best growth stocks for 2025 here.

How were TaskUs' earnings last quarter?

TaskUs, Inc. (NASDAQ:TASK) released its quarterly earnings results on Wednesday, November, 10th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.23. The company earned $201.05 million during the quarter, compared to analysts' expectations of $184.81 million. TaskUs had a trailing twelve-month return on equity of 17.73% and a net margin of 5.58%.

When did TaskUs IPO?

TaskUs (TASK) raised $304 million in an IPO on Friday, June 11th 2021. The company issued 13,200,000 shares at $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities, Morgan Stanley, Baird, RBC Capital Markets, Wells Fargo Securities and William Blair served as the underwriters for the IPO and Blackstone, TD Securities, BTIG, Fifth Third Securities, AmeriVet Securities, Blaylock Van, LLC, C.L. King & Associates and Penserra Securities LLC were co-managers.

Who are TaskUs' major shareholders?

TaskUs' top institutional investors include Nordea Investment Management AB (0.07%), Graypoint LLC (0.02%) and Harbour Capital Advisors LLC (0.02%). Insiders that own company stock include Steven Amaya and Stephan Daoust.
View institutional ownership trends.

How do I buy shares of TaskUs?

Shares of TASK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TaskUs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TaskUs investors own include Tesla (TSLA), Realty Income (O), CrowdStrike (CRWD), Cloudflare (NET), Advanced Micro Devices (AMD), Walt Disney (DIS) and DocuSign (DOCU).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 1/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:TASK
• CUSIP: N/A
• CIK: 1829864
• Web: www.taskus.com
• Phone: 888-400-8275
• Fax: N/A
• Employees: 48,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $21.00
• Low Stock Price Target: $12.00
• Potential Upside/Downside: +11.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.38
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.59
• Trailing P/E Ratio: 25.85
• Forward P/E Ratio: 16.94
• P/E Growth: 4.67
• Net Income: $45.69 million
• Net Margins: 5.58%
• Pretax Margin: 8.76%
• Return on Equity: 17.73%
• Return on Assets: 9.17%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 3.02
• Quick Ratio: 3.02

Sales & Book Value

• Annual Sales: $955.01 million
• Price / Sales: 1.43
• Cash Flow: $1.28 per share
• Price / Cash Flow: 11.92
• Book Value: $4.97 per share
• Price / Book: 3.07

Miscellaneous

• Outstanding Shares: 89,308,000
• Free Float: 63,176,000
• Market Cap: $1.36 billion
• Optionable: Optionable
• Beta: 2.23