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NASDAQ:TASK

TaskUs (TASK) Stock Price, News & Analysis

$16.90
+0.22 (+1.32%)
(As of 07/26/2024 ET)
Today's Range
$16.76
$17.18
50-Day Range
$12.63
$16.90
52-Week Range
$7.95
$17.36
Volume
92,003 shs
Average Volume
204,941 shs
Market Capitalization
$1.49 billion
P/E Ratio
33.14
Dividend Yield
N/A
Price Target
$14.88

TaskUs MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
12.0% Downside
$14.88 Price Target
Short Interest
Bearish
9.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.60mentions of TaskUs in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.84%
From $0.83 to $0.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Computer And Technology Sector

526th out of 612 stocks

Data Processing & Preparation Industry

48th out of 58 stocks

TASK stock logo

About TaskUs Stock (NASDAQ:TASK)

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. The company also provides trust and safety solutions, such as review and disposition of user and advertiser generated visual, text, and audio content, which include removal or labeling of policy violating, and offensive or misleading content, as well as risk management, compliance, identity management, and fraud services; and artificial intelligence (AI) solutions that consist of data labeling, annotation, context relevance, and transcription services for training and tuning machine learning algorithms that enables to develop AI systems. It serves clients in various industry segments comprising e-commerce, FinTech, food delivery and ride sharing, gaming, technology, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.

TASK Stock Price History

TASK Stock News Headlines

B of A Securities Upgrades TaskUs (TASK)
TaskUs (NASDAQ:TASK) Upgraded to "Neutral" at Bank of America
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
TaskUs (NASDAQ:TASK) Reaches New 52-Week High at $16.50
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
TaskUs Seeks Return To Growth Amid AI Disruption
TaskUs Sell Rating: Modest Growth Prospects and Premium Valuation
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NASDAQ:TASK
Fax
N/A
Employees
48,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.88
High Stock Price Target
$18.00
Low Stock Price Target
$12.00
Potential Upside/Downside
-12.5%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$45.69 million
Pretax Margin
8.49%

Debt

Sales & Book Value

Annual Sales
$924.36 million
Cash Flow
$1.58 per share
Book Value
$4.97 per share

Miscellaneous

Free Float
62,298,000
Market Cap
$1.50 billion
Optionable
Optionable
Beta
2.32
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Key Executives


TASK Stock Analysis - Frequently Asked Questions

How have TASK shares performed this year?

TaskUs' stock was trading at $13.07 on January 1st, 2024. Since then, TASK stock has increased by 29.3% and is now trading at $16.90.
View the best growth stocks for 2024 here
.

How were TaskUs' earnings last quarter?

TaskUs, Inc. (NASDAQ:TASK) posted its quarterly earnings data on Wednesday, May, 8th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.02. The company earned $227.47 million during the quarter, compared to analyst estimates of $223.50 million. TaskUs had a trailing twelve-month return on equity of 16.61% and a net margin of 5.23%.

When did TaskUs IPO?

TaskUs (TASK) raised $304 million in an initial public offering (IPO) on Friday, June 11th 2021. The company issued 13,200,000 shares at a price of $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, BofA Securities, Morgan Stanley, Baird, RBC Capital Markets, Wells Fargo Securities and William Blair acted as the underwriters for the IPO and Blackstone, TD Securities, BTIG, Fifth Third Securities, AmeriVet Securities, Blaylock Van, LLC, C.L. King & Associates and Penserra Securities LLC were co-managers.

Who are TaskUs' major shareholders?

TaskUs' top institutional shareholders include SG Americas Securities LLC (0.06%) and Bank of New York Mellon Corp (0.04%). Insiders that own company stock include Stephan Daoust, Fc Aggregator LP Bcp and Jaspar Weir.
View institutional ownership trends
.

How do I buy shares of TaskUs?

Shares of TASK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TASK) was last updated on 7/26/2024 by MarketBeat.com Staff

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