TaskUs (NASDAQ:TASK - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $268.65 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.
TaskUs Stock Performance
TASK traded down $0.24 on Friday, reaching $14.37. The company had a trading volume of 525,658 shares, compared to its average volume of 302,113. TaskUs has a 1 year low of $10.56 and a 1 year high of $19.60. The stock has a market capitalization of $1.28 billion, a PE ratio of 24.36, a P/E/G ratio of 4.02 and a beta of 2.21. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average price of $16.31 and a 200-day moving average price of $14.53.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the stock. Bank of America raised shares of TaskUs from a "neutral" rating to a "buy" rating and set a $18.00 target price for the company in a report on Monday, December 9th. Morgan Stanley raised shares of TaskUs from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $18.00 to $21.00 in a report on Friday, December 13th. Finally, Robert W. Baird upped their target price on shares of TaskUs from $16.00 to $20.00 and gave the company an "outperform" rating in a report on Friday, November 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $17.00.
Get Our Latest Analysis on TaskUs
Insider Buying and Selling
In other news, CAO Steven Amaya sold 2,600 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $18.08, for a total value of $47,008.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Stephan Daoust sold 62,159 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $18.23, for a total transaction of $1,133,158.57. The disclosure for this sale can be found here. Insiders sold 140,338 shares of company stock valued at $2,548,902 over the last ninety days. Corporate insiders own 29.26% of the company's stock.
About TaskUs
(
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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.
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