TaskUs, Inc. (NASDAQ:TASK – Get Free Report) has been assigned a consensus rating of “Hold” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $15.38.
TASK has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of TaskUs from $17.00 to $15.00 and set a “neutral” rating on the stock in a report on Friday, September 6th. Bank of America raised shares of TaskUs from an “underperform” rating to a “neutral” rating and raised their price target for the company from $12.00 to $18.00 in a report on Monday, July 22nd. Robert W. Baird raised their price target on shares of TaskUs from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, July 11th. Citigroup increased their price objective on shares of TaskUs from $18.00 to $19.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, Royal Bank of Canada increased their price objective on shares of TaskUs from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Friday, August 9th.
View Our Latest Report on TaskUs
Institutional Investors Weigh In On TaskUs
TaskUs Stock Performance
Shares of TASK stock opened at $11.91 on Friday. TaskUs has a one year low of $8.25 and a one year high of $17.97. The company’s 50-day moving average is $12.71 and its 200 day moving average is $13.45. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 21.80, a price-to-earnings-growth ratio of 3.21 and a beta of 2.29. The company has a debt-to-equity ratio of 0.54, a quick ratio of 3.23 and a current ratio of 3.23.
TaskUs (NASDAQ:TASK – Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $237.93 million for the quarter, compared to the consensus estimate of $231.15 million. TaskUs had a net margin of 5.44% and a return on equity of 16.93%. Sell-side analysts expect that TaskUs will post 0.87 EPS 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.
Featured Articles
- Five stocks we like better than TaskUs
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- How to Most Effectively Use the MarketBeat Earnings Screener
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- What Are the FAANG Stocks and Are They Good Investments?
- Tesla Stock: Buy the Dips, Sell the Rips
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.