The shares of Callidus Software Inc. (NASDAQ:CALD) currently has mean rating of 1.70 while 3 analysts have recommended the shares as “BUY”, 7 recommended as “OUTPERFORM” and 0 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 50.32M by 10 analysts. The means estimate of sales for the year ending Dec-16 is 208.64M by 10 analysts.
The mean price target for the shares of Callidus Software Inc. (CALD) is at 22.30 while the highest price target suggested by the analysts is 31.00 and low price target is 20.00. The mean price target is calculated keeping in view the consensus of 10 brokerage firms.
The average estimate of EPS for the current fiscal quarter for Callidus Software Inc. (CALD) stands at 0.05 while the EPS for the current year is fixed at 0.28 by 10 analysts.
The next one year’s EPS estimate is set at 0.39 by 10 analysts while a year ago the analysts suggested the company’s EPS at 0.28. The analysts also projected the company’s long-term growth at 26.67% for the upcoming five years.
In its latest quarter ended on 31st March 2016, Callidus Software Inc. (CALD) reported earnings of $0.06. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 20.00%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
On Jun 24, 2016 Callidus Software Inc. (CALD) announced that it has acquired certain assets of Badgeville, the leading technology provider in enterprise gamification and digital motivation.
“Badgeville is the leader in a very exciting market,” said Leslie Stretch, president and CEO, CallidusCloud. “Digital motivation goes hand in hand with cash incentive programs, and we have been partnering with Badgeville since 2012 to drive sales performance and enablement solutions. We will now be able to extend this powerful proposition to all of our customers across the Lead to Money spectrum.”
“CallidusCloud is the clear leader when it comes to driving sales behaviors using incentives,” said Jon Shalowitz, president and CEO, Badgeville. “With the Badgeville platform now a part of CallidusCloud, corporations will be better positioned than ever to drive engagement with key customer and employee processes.”