What analysts say:
- Buy, sell, or hold?: Analysts strongly back Taleo, with 12 out of 19 rating it a buy and the remainder rating it a hold. Analysts like Taleo better than competitor Ultimate Software Group overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $86.8 million in revenue this quarter. That would represent a rise of 22% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.09 per share. Estimates range from $0.05 to $0.14.
What our community says:
CAPS All-Stars are solidly backing the stock, with 84.7% awarding it an outperform rating. Most of the community concurs with the All-Stars, with 84.7% granting it a rating of outperform. Fools are gung-ho about Taleo, though the message boards have been quiet lately, with only 55 posts in the past 30 days. Taleo's bearish CAPS rating of one out of five stars falls short of the Fool community sentiment.
The company's gross margin shrank by 2.1 percentage points in the last quarter. Revenue rose 41.2% while cost of sales rose 50.8% to $27.9 million from a year earlier.
One final thing: If you want to keep tabs on Taleo's movements, and for more analysis on the company, make sure you add it to your Watchlist.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Earnings estimates provided by Zacks.