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NASDAQ:TASK

TaskUs - TASK Stock Forecast, Price & News

$17.45
+0.87 (+5.25%)
(As of 09/8/2022 10:52 AM ET)
Add
Compare
Today's Range
$15.98
▼
$17.71
50-Day Range
$13.90
▼
$23.43
52-Week Range
$13.60
▼
$85.49
Volume
19,499 shs
Average Volume
583,903 shs
Market Capitalization
$1.70 billion
P/E Ratio
37.93
Dividend Yield
N/A
Price Target
$32.11

TaskUs MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
92.3% Upside
$31.89 Price Target
Short Interest
Healthy
4.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.11mentions of TaskUs in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
51.06%
From $0.47 to $0.71 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Computer And Technology Sector

90th out of 627 stocks

Data Processing & Preparation Industry

3rd out of 70 stocks

See Top Rated MarketRank™ Stocks Here
TASK stock logo

About TaskUs (NASDAQ:TASK) Stock

TaskUs, Inc. provides digital outsourcing services for companies worldwide. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through digital channels; and other solutions, including customer care services for new product or market launches, trust and safety solutions, and customer acquisition solutions. The company also offers content security services, such as review and disposition of user and advertiser generated content, which include removal or labeling of policy violating, and offensive or misleading content; and artificial intelligence (AI) solutions that consist of data labeling, annotation, and transcription services for training and tuning AI algorithms through the process of machine learning. It serves clients in various industry segments within the digital economy, including e-commerce, FinTech, food delivery and ride sharing, gaming, HiTech, 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.

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TASK Stock News Headlines

September 7, 2022 | fool.com
Why TaskUs Stock Jumped Today - The Motley Fool
September 7, 2022 | seekingalpha.com
TaskUs launches $100M stock buyback plan (NASDAQ:TASK) - Seeking Alpha
September 7, 2022 | finance.yahoo.com
TaskUs Announces $100 Million Share Repurchase Program - Yahoo Finance
September 7, 2022 | globenewswire.com
TaskUs Announces $100 Million Share Repurchase Program - GlobeNewswire
September 7, 2022 | finance.yahoo.com
TaskUs Announces $100 Million Share Repurchase Program
September 7, 2022 | americanbankingnews.com
Brokerages Set TaskUs, Inc. (NASDAQ:TASK) PT at $32.11
September 7, 2022 | finance.yahoo.com
Is TaskUs, Inc.'s (NASDAQ:TASK) Stock On A Downtrend As A Result Of Its Poor Financials? - Yahoo Finance
September 6, 2022 | finance.yahoo.com
Is TaskUs, Inc.'s (NASDAQ:TASK) Stock On A Downtrend As A Result Of Its Poor Financials?
August 31, 2022 | benzinga.com
(TASK) – TaskUs to Participate in Citi's 2022 Global Technology Conference - Benzinga
August 31, 2022 | finance.yahoo.com
TaskUs to Participate in Citi's 2022 Global Technology Conference
August 19, 2022 | businesswire.com
TaskUs Named a Major Contender in Everest Group's PEAK Matrix® for Financial Crime and Compliance Operations - Services - Business Wire
August 19, 2022 | finance.yahoo.com
TaskUs Named a Major Contender in Everest Group’s PEAK Matrix® for Financial Crime and Compliance Operations - Services
August 17, 2022 | businesswire.com
Three New Global Digital Companies Pledge to Follow OASIS Consortium's User Safety Standards to Build a Better Digital World - Business Wire
August 17, 2022 | bizjournals.com
Rackspace has no plans of letting go San Antonio workers in future restructuring - San Antonio Business Journal - The Business Journals
August 16, 2022 | americanbankingnews.com
Financial Review: TaskUs (NASDAQ:TASK) & Ooma (NYSE:OOMA)
August 16, 2022 | americanbankingnews.com
TaskUs (NASDAQ:TASK) Price Target Lowered to $37.00 at BTIG Research
August 12, 2022 | in.investing.com
TaskUs Downgraded as 'Meaningful Headwinds Ahead' - Goldman Sachs
August 10, 2022 | investing.com
TaskUs Downgraded as 'Meaningful Headwinds Ahead' - Goldman Sachs By Investing.com - Investing.com
August 10, 2022 | finance.yahoo.com
Why The 32% Return On Capital At TaskUs (NASDAQ:TASK) Should Have Your Attention
August 10, 2022 | fool.com
Here's Why TaskUs Stock Got Hammered Today - The Motley Fool
August 9, 2022 | benzinga.com
Expert Ratings for TaskUs - Benzinga
August 9, 2022 | seekingalpha.com
TaskUs plunges 21% on guiding FY 2022 below consensus (NASDAQ:TASK) - Seeking Alpha
August 9, 2022 | finance.yahoo.com
Here's Why TaskUs Stock Got Hammered Today
August 9, 2022 | investing.com
Pre-Open Movers: Nielsen Climbs 20%, AppLivin Makes Offer for Unity By Investing.com - Investing.com
August 9, 2022 | fool.com
TaskUs, Inc. (TASK) Q2 2022 Earnings Call Transcript - The Motley Fool
See More Headlines
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TASK Company Calendar

Last Earnings
8/08/2022
Today
9/08/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Data processing & preparation
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:TASK
CUSIP
N/A
CIK
1829864
Web
www.taskus.com
Phone
888-400-8275
Fax
N/A
Employees
40,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$31.89
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+84.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.46
Trailing P/E Ratio
37.93
Forward P/E Ratio
37.13
P/E Growth
2.3
Net Income
$-58,700,000.00
Net Margins
5.48%
Pretax Margin
6.52%
Return on Equity
12.80%
Return on Assets
6.38%

Debt

Debt-to-Equity Ratio
0.41
Current Ratio
1.65
Quick Ratio
1.65

Sales & Book Value

Annual Sales
$760.70 million
Price / Sales
2.23
Cash Flow
$1.60 per share
Price / Cash Flow
10.91
Book Value
$3.90 per share
Price / Book
4.47

Miscellaneous

Outstanding Shares
97,290,000
Free Float
73,979,000
Market Cap
$1.70 billion
Optionable
Not Optionable
Beta
3.70

Key Executives

  • Mr. Bryce MaddockMr. Bryce Maddock (Age 35)
    Co-Founder, CEO & Director
    Comp: $227.25k
  • Mr. Jaspar WeirMr. Jaspar Weir (Age 36)
    Co-Founder, Pres & Director
    Comp: $159.46k
  • Mr. Jarrod Johnson (Age 44)
    Chief Customer Officer
    Comp: $878.93k
  • Mr. Balaji Sekar (Age 46)
    Chief Financial Officer
  • Mr. Stephan Daoust (Age 47)
    Chief Operating Officer
  • Mr. Steven Amaya
    Sr. VP & Principal Accounting Office
  • Mr. Chandrasekar Venkataramani
    Chief Information Officer
  • Mr. Alan Katz
    VP of Investor Relations
  • Ms. Claudia Franco Walsh (Age 46)
    Gen. Counsel & Corp. Sec.
  • Mr. Charley Lemaster
    Sr. VP of Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













TASK Stock - Frequently Asked Questions

Should I buy or sell TaskUs stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TaskUs in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TASK shares.
View TASK analyst ratings or view top-rated stocks.

What is TaskUs' stock price forecast for 2022?

8 brokers have issued 1 year target prices for TaskUs' stock. Their TASK share price forecasts range from $19.00 to $71.00. On average, they predict the company's stock price to reach $32.11 in the next twelve months. This suggests a possible upside of 93.7% from the stock's current price.
View analysts price targets for TASK or view top-rated stocks among Wall Street analysts.

How have TASK shares performed in 2022?

TaskUs' stock was trading at $53.96 at the beginning of the year. Since then, TASK stock has decreased by 69.3% and is now trading at $16.58.
View the best growth stocks for 2022 here.

When is TaskUs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our TASK earnings forecast.

How were TaskUs' earnings last quarter?

TaskUs, Inc. (NASDAQ:TASK) announced its quarterly earnings data on Monday, August, 8th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.14 by $0.07. The firm had revenue of $246.46 million for the quarter, compared to the consensus estimate of $242.09 million. TaskUs had a trailing twelve-month return on equity of 12.80% and a net margin of 5.48%. The company's revenue for the quarter was up 36.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 earnings per share.

What guidance has TaskUs issued on next quarter's earnings?

TaskUs issued an update on its third quarter 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $224.00 million-$226.00 million, compared to the consensus revenue estimate of $244.46 million.

When did TaskUs IPO?

(TASK) raised $304 million in an IPO on Friday, June 11th 2021. The company issued 13,200,000 shares at $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.

What is TaskUs' stock symbol?

TaskUs trades on the NASDAQ under the ticker symbol "TASK."

Who are TaskUs' major shareholders?

TaskUs' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (4.27%), Massachusetts Financial Services Co. MA (3.13%), Sylebra Capital Ltd (1.52%), Kornitzer Capital Management Inc. KS (0.91%), Eagle Asset Management Inc. (0.68%) and Carmignac Gestion (0.25%). Insiders that own company stock include Bryce Maddock, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TaskUs' stock price today?

One share of TASK stock can currently be purchased for approximately $16.58.

How much money does TaskUs make?

TaskUs (NASDAQ:TASK) has a market capitalization of $1.61 billion and generates $760.70 million in revenue each year. The company earns $-58,700,000.00 in net income (profit) each year or $0.46 on an earnings per share basis.

How many employees does TaskUs have?

The company employs 40,100 workers across the globe.

How can I contact TaskUs?

The official website for the company is www.taskus.com. The company can be reached via phone at 888-400-8275 or via email at ir@taskus.com.

This page (NASDAQ:TASK) was last updated on 9/8/2022 by MarketBeat.com Staff

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