TaskUs (TASK) Scheduled to Post Quarterly Earnings on Thursday

TaskUs (NASDAQ:TASK) will release its earnings data after the market closes on Thursday, August 8th. Analysts expect TaskUs to post earnings of $0.31 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

TaskUs (NASDAQ:TASK) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The company had revenue of $227.47 million for the quarter, compared to analysts’ expectations of $223.50 million. TaskUs had a net margin of 5.23% and a return on equity of 16.61%. On average, analysts expect TaskUs to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TaskUs Stock Performance

Shares of TASK opened at $15.35 on Wednesday. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 5.75 and a beta of 2.33. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.36 and a current ratio of 3.36. TaskUs has a 1 year low of $7.95 and a 1 year high of $17.36. The company’s 50 day simple moving average is $14.63 and its 200 day simple moving average is $13.25.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Robert W. Baird lifted 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. The Goldman Sachs Group assumed coverage on TaskUs in a research report on Monday, June 24th. They set a “sell” rating and a $12.00 price target for the company. Citigroup raised their price objective on TaskUs from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Finally, Bank of America upgraded TaskUs from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $12.00 to $18.00 in a report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $14.88.

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.