Stocks Trend Analysis: Halcon Resources Corporation (HK) Callidus Software Inc. (CALD) The Clorox Company (CLX)

Halcon Resources Corporation (HK) continued its upward trend with the stock climbing 2.76% or $0.22 to close the day at $8.19 on light trading volume of 0.84M shares, compared to its three month average trading volume of 1.98M. The Houston Texas 77002 based company has been outperforming the oil & gas drilling & exploration group over the past 52 weeks, with the stock gaining 130.7%, compared to the industry which has advanced 24.78% over the same period. With RSI of 75.22, the stock should still continue to rise and get closer to its one year target estimate of $52.94, making it a hold for now.

Halcón Resources Corporation, an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company primarily holds interests the Bakken/Three Forks Formations comprising approximately 123,000 net acres of area in North Dakota; and East Texas Eagle Ford Formations covering approximately 92,000 acres of area in Brazos, Burleson, and Robertson counties. As of December 31, 2014, it had estimated proved reserves of approximately 146.8 million barrels of oil equivalent comprising 120.7 million barrels of crude oil, 13.0 million barrels of natural gas liquids, and 78.4 billion cubic feet of natural gas. The company was formerly known as RAM Energy Resources, Inc. and changed its name to Halcón Resources Corporation in February 2012. Halcón Resources Corporation is headquartered in Houston, Texas.

Callidus Software Inc. (CALD) retreated with the stock falling -0.39% or $-0.07 to close at $18.1 on light trading volume of 0.84M compared its three months average trading volume of 534.48K. The Dublin California 94568 based company operating under the Business Software & Services industry has been trending up for the last 52 weeks, with the shares price now 2.43% up for the period and down by -2.53% so far this year. With price target of $23.25 and a 57.67% rebound from 52-week low, Callidus Software Inc. has plenty of upside potential, making it a hold with a view buy.

Callidus Software Inc. provides enterprise software and related services to telecommunications, insurance, banking, and technology markets worldwide. It offers Marketing Automation to generate sales leads by capturing intelligence about buyers’ behaviors and engaging them across multiple channels; Territory and Quota to evaluate territory, quota distribution plans, and strategies for meeting corporate sales goals; Enablement that provides sales content at each step of the sales cycle; Litmos Learning Management System for training; Litmos Content to create courses that can be published to desktop browsers and mobile devices; Litmos Healthcare, a cloud based solution; and Sales Performance Manager to set targeted coaching plans to the individual sales professional. The company also provides Configure-Price-Quote to guide sales representatives through the quoting process; Commissions that streamlines the design and management of incentive compensation programs and commission payments; Contract Lifecycle Management, a centralized repository for contract data; Incentive Compensation Management to deliver automation in incentive and bonus plan configuration, plan payout, and producer management; Producer Pro to manage producer hierarchies, licenses, appointments, education, correspondence, and book of business; and MySalesGame to drive performance-improving behavioral change. In addition, it offers Clicktools that provide self-service tools to collect, centralize, and act on customer feedback; Thunderbridge to combine big data technology with analytics and visualizations; WorkFlow to optimize critical business processes and drive collaboration; and Data Hub that synchronizes sales opportunities, product catalogs, and human resource information across various applications, as well as provides professional, business process outsourcing, maintenance and technical support, and educational services. The company was founded in 1996 and is headquartered in Dublin, California.

The Clorox Company (CLX) failed to extend gains with the stock declining -0.03% or $-0.04 to close the day at $126.53 on lower than average trading volume of 0.84M shares, compared to its three month average trading volume of 950.55K. The Oakland California 94612 based company has been outperforming the housewares & accessories companies by -5.6619% for last three months and its recent losses have trimmed gains to 1.59% YTD, versus the housewares & accessories industry which is up 10.32% for the same period. The RSI of 48.01 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The company offers laundry additives, including bleach products under the Clorox and Clorox 2 stain fighter and color booster brand names; home care products under the Clorox, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, and Tilex brand names; naturally derived products under the Green Works brand name; and professional cleaning and disinfecting products under the Clorox, Dispatch, Aplicare, HealthLink, and Clorox Healthcare brand names. It also provides charcoal products under the Kingsford and Match Light brand names; cat litter products under the Fresh Step, Scoop Away, and Ever Clean brand names; digestive health products under the Renew Life brand name; and bags, wraps, and containers under the Glad brand name. In addition, the company offers dressings and sauces under the Hidden Valley, KC Masterpiece, and Soy Vay brand names; water-filtration systems and filters under the Brita brand name; and natural personal care products under the Burt’s Bees brand name. Further, it markets its products under the PinoLuz, Ayudin, Limpido, Clorinda, Poett, Mistolin, Lestoil, Bon Bril, Agua Jane, and Chux brand names. The company sells its products primarily through mass retail outlets, e-commerce channels, wholesale distributors, and medical supply distributors to mass merchandisers, warehouse clubs, and grocery stores and wholesalers, as well as dollar, military, and other retail stores. The Clorox Company was founded in 1913 and is headquartered in Oakland, California.

 

Stocks Trend Analysis: The Bank of New York Mellon (BK), Callidus Software (CALD) Tesla Motors (TSLA)

Callidus Software Inc. (CALD) continued its downward trend with the stock declining -6.86% or $-1.37 to close the day at $18.61 on light trading volume of 3.78M shares, compared to its three month average trading volume of 456.05K. The Dublin California 94568 based company has been outperforming the business software & services group over the past 52 weeks, with the stock gaining 13.27%, compared to the industry which has advanced 16.81% over the same period. With RSI of 37.4, the stock should still continue to rise and get closer to its one year target estimate of $22.7, making it a hold for now.

Callidus Software Inc. provides enterprise software and related services to telecommunications, insurance, banking, and technology markets worldwide. It offers Marketing Automation to generate sales leads by capturing intelligence about buyers’ behaviors and engaging them across multiple channels; Territory and Quota to evaluate territory, quota distribution plans, and strategies for meeting corporate sales goals; Enablement that provides sales content at each step of the sales cycle; Litmos Learning Management System for training; Litmos Content to create courses that can be published to desktop browsers and mobile devices; Litmos Healthcare, a cloud based solution; and Sales Performance Manager to set targeted coaching plans to the individual sales professional. The company also provides Configure-Price-Quote to guide sales representatives through the quoting process; Commissions that streamlines the design and management of incentive compensation programs and commission payments; Contract Lifecycle Management, a centralized repository for contract data; Incentive Compensation Management to deliver automation in incentive and bonus plan configuration, plan payout, and producer management; Producer Pro to manage producer hierarchies, licenses, appointments, education, correspondence, and book of business; and MySalesGame to drive performance-improving behavioral change. In addition, it offers Clicktools that provide self-service tools to collect, centralize, and act on customer feedback; Thunderbridge to combine big data technology with analytics and visualizations; WorkFlow to optimize critical business processes and drive collaboration; and Data Hub that synchronizes sales opportunities, product catalogs, and human resource information across various applications, as well as provides professional, business process outsourcing, maintenance and technical support, and educational services. The company was founded in 1996 and is headquartered in Dublin, California.

Tesla Motors, Inc. (TSLA) retreated with the stock falling -0.62% or $-1.41 to close at $225.79 on light trading volume of 3.76M compared its three months average trading volume of 4.73M. The Palo Alto California 94304 based company operating under the Auto Manufacturers – Major industry has been trending down for the last 52 weeks, with the shares price now -15.21% down for the period and down by -5.92% so far this year. With price target of $252.58 and a 60.08% rebound from 52-week low, Tesla Motors, Inc. has plenty of upside potential, making it a hold with a view buy.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. Tesla Motors, Inc. sells its products through a network of Tesla stores and galleries, as well as through Internet. The company was founded in 2003 and is headquartered in Palo Alto, California.

The Bank of New York Mellon Corporation (BK) managed to rebound with the stock climbing 1.08% or $0.42 to close the day at $39.22 on lower than average trading volume of 3.76M shares, compared to its three month average trading volume of 5.38M. The New York New York 10286 based company has been outperforming the asset management companies by 0.3094% for last three months and its recent gains have offset losses to -3.53% YTD, versus the asset management industry which is down -1.52% for the same period. The RSI of 48.55 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The company offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services. It also provides mutual funds, separate accounts, wealth management and private banking services; and broker-dealer services, registered investment advisory services, prime brokerage services, and working capital solutions. In addition, the company is involved in credit-related activities, business exits, leasing operations, and corporate treasury activities; and the provision of global markets and institutional banking services. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.

Analyst’s Roundup: Callidus Software Inc. (CALD)

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.”