Shares of TaskUs, Inc. (NASDAQ:TASK – Get Free Report) have received an average recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $15.38.
Several equities research analysts have recently commented on TASK shares. Citigroup lifted 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. Royal Bank of Canada lifted 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. Bank of America upgraded shares of TaskUs from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $12.00 to $18.00 in a research note on Monday, July 22nd. JPMorgan Chase & Co. lowered their price objective on shares of TaskUs from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, September 6th. Finally, Robert W. Baird lifted their price objective on shares of TaskUs from $14.00 to $16.00 and gave the stock an “outperform” rating in a research note on Thursday, July 11th.
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TaskUs Price Performance
NASDAQ TASK opened at $12.18 on Friday. The firm’s fifty day simple moving average is $12.78 and its two-hundred day simple moving average is $13.45. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.54. TaskUs has a 12-month low of $8.25 and a 12-month high of $17.97. The firm has a market capitalization of $1.08 billion, a P/E ratio of 22.15, a P/E/G ratio of 3.19 and a beta of 2.29.
TaskUs (NASDAQ:TASK – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. TaskUs had a net margin of 5.44% and a return on equity of 16.93%. The business had revenue of $237.93 million for the quarter, compared to analyst estimates of $231.15 million. Analysts forecast 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.
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