Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
TaskUs (TASK)
NASDAQ:TASK
Holding TASK?
Track your performance easily
TASK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.95 - $17.97
Previous Close$12.63
Volume266.79K
Average Volume (3M)232.69K
Market Cap
$1.12B
Enterprise Value$1.25B
Total Cash (Recent Filing)$171.13M
Total Debt (Recent Filing)$300.82M
Price to Earnings (P/E)23.1
Beta1.65
Next Earnings
Nov 04, 2024EPS Estimate
$0.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.55
Shares Outstanding18,682,805
10 Day Avg. Volume203,378
30 Day Avg. Volume232,695
Standard Deviation0.25
R-Squared0.21
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.51
Price to Sales (P/S)0.26
Price to Cash Flow (P/CF)2.00
P/FCF Ratio2.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit3.24
Enterprise Value/Ebitda10.08
Forecast
1Y Price Target
$16.75Price Target Upside32.62% Upside
Rating ConsensusHold
Number of Analyst Covering8
TaskUs News
PremiumCompany Announcements
TaskUs, Inc. Reports Record Q3 2024 Revenue Growth
Bulls Say, Bears Say
Bulls Say
Client ExpansionNew signings with the company's largest social media client are driving a substantial portion of the uplift.
Market ShareThe overall outlook continues to improve, and the management leans into the renewed growth with a clear directive to win market share and displace competitors in key accounts with both quality service and more competitive pricing.
Revenue Growth2024 revenue guidance was raised with management noting they had their best bookings quarter since 2022 and continued sales momentum in Q3.
Bears Say
Growth Algorithm UncertaintyThe longer-term growth algorithm is still uncertain, while TASK already trades at a premium to comps at 12x C25 P/E.
Macro PressuresMacro pressures are the key driver to weak volumes/revenue (companies trying to keep costs down, possibly using their own internal reps, pushing some volumes to lower-yielding offshore).
Margins And Cash FlowManagement noted the acceleration of revenue growth requires investments in operations, facilities, hiring and training which impacts their margins and cash flow.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
TASK FAQ
What was TaskUs’s price range in the past 12 months?
TaskUs lowest stock price was $7.95 and its highest was $17.97 in the past 12 months.
What is TaskUs’s market cap?
Currently, no data Available
When is TaskUs’s upcoming earnings report date?
TaskUs’s upcoming earnings report date is Nov 04, 2024 which is 6 days ago.
How were TaskUs’s earnings last quarter?
TaskUs released its earnings results on Aug 08, 2024. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.308 by $0.002.
Is TaskUs overvalued?
According to Wall Street analysts TaskUs’s price is currently Undervalued.
Does TaskUs pay dividends?
TaskUs does not currently pay dividends.
What is TaskUs’s EPS estimate?
TaskUs’s EPS estimate is $0.32.
How many shares outstanding does TaskUs have?
TaskUs has 18,682,804 shares outstanding.
What happened to TaskUs’s price movement after its last earnings report?
TaskUs reported an EPS of $0.31 in its last earnings report, beating expectations of $0.308. Following the earnings report the stock price went down -0.771%.
Which hedge fund is a major shareholder of TaskUs?
Among the largest hedge funds holding TaskUs’s share is Royce & Associates LLC. It holds TaskUs’s shares valued at 8M.
---
TaskUs Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$16.75 (32.62% Upside)
$16.75 (32.62% Upside)
Blogger Sentiment
Bullish
TASK Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 79.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.2%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
29.67%
12-Months-Change
Fundamentals
Return on Equity
10.96%
Trailing 12-Months
Asset Growth
-3.44%
Trailing 12-Months
Company Description
TaskUs
TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.
---
TASK Company Deck
---
TASK Earnings Call
Q2 2024
0:00 / 0:00
---
TASK Stock 12 Month Forecast
Average Price Target
$16.75
▲(32.62% Upside)
Technical Analysis
Best Analysts Covering TASK
1 Year
1 Year Success Rate
6/32 ratings generated profit
1 Year Average Return
-27.77%
reiterated a buy rating 3 months ago
Copying David Koning's trades and holding each position for 1 Year would result in 18.75% of your transactions generating a profit, with an average return of -27.77% per trade.
---