Taskus Inc Stock Today

TASK Stock  USD 14.74  0.44  3.08%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Taskus is selling for 14.74 as of the 22nd of November 2024. This is a 3.08 percent increase since the beginning of the trading day. The stock's last reported lowest price was 14.3. Taskus has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Taskus Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
11th of June 2021
Category
Technology
Classification
Industrials
TaskUs, Inc. provides digital outsourcing services for companies worldwide. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas. Taskus Inc operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 19.27 M outstanding shares of which 1.57 M shares are at this time shorted by private and institutional investors with about 8.08 trading days to cover. More on Taskus Inc

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Taskus Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CoFounderJaspar Weir
Business ConcentrationData Processing & Outsourced Services, Commercial & Professional Services, Industrials, NASDAQ Composite, Industrials, Professional Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.651.0696
Way Down
Slightly volatile
Gross Profit Margin0.480.4172
Fairly Up
Slightly volatile
Net Debt185.9 M185.8 M
Slightly Up
Pretty Stable
Total Current Liabilities99.6 M101.8 M
Fairly Down
Slightly volatile
Non Current Liabilities Total311.7 M321.7 M
Sufficiently Down
Slightly volatile
Total Assets843.6 M864.2 M
Fairly Down
Slightly volatile
Total Current Assets240.3 M328.5 M
Way Down
Slightly volatile
Debt Levels
Taskus can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Taskus' financial leverage. It provides some insight into what part of Taskus' total assets is financed by creditors.
Liquidity
Taskus Inc currently holds 311.57 M in liabilities with Debt to Equity (D/E) ratio of 0.71, which is about average as compared to similar companies. Taskus Inc has a current ratio of 1.62, which is within standard range for the sector. Note, when we think about Taskus' use of debt, we should always consider it together with its cash and equity.

Dividends Paid

0.95
Taskus Inc (TASK) is traded on NASDAQ Exchange in USA. It is located in 1650 Independence Drive, New Braunfels, TX, United States, 78132 and employs 48,200 people. Taskus is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.28 B. Taskus Inc conducts business under Professional Services sector and is part of Industrials industry. The entity has 19.27 M outstanding shares of which 1.57 M shares are at this time shorted by private and institutional investors with about 8.08 trading days to cover. Taskus Inc currently holds about 104.73 M in cash with 143.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.07.
Check Taskus Probability Of Bankruptcy
Ownership Allocation
The majority of Taskus Inc outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Taskus to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Taskus Inc. Please pay attention to any change in the institutional holdings of Taskus Inc as this could imply that something significant has changed or is about to change at the company.
Check Taskus Ownership Details

Taskus Stock Institutional Holders

InstituionRecorded OnShares
Seldon Capital Lp2024-09-30
417.4 K
D. E. Shaw & Co Lp2024-06-30
397.2 K
Massachusetts Financial Services Company2024-09-30
396.3 K
Marshall Wace Asset Management Ltd2024-06-30
308 K
Millennium Management Llc2024-06-30
243.5 K
Geode Capital Management, Llc2024-06-30
218.8 K
Medina Singh Partners, Llc2024-06-30
200.6 K
J. Goldman & Co Lp2024-06-30
184.5 K
Carmignac Gestion2024-06-30
180 K
Fmr Inc2024-09-30
2.7 M
Think Investments Lp2024-09-30
2.5 M
View Taskus Diagnostics

Taskus Historical Income Statement

At this time, Taskus' Selling General Administrative is quite stable compared to the past year. Selling And Marketing Expenses is expected to rise to about 1.7 M this year, although the value of Total Revenue will most likely fall to about 766.3 M. View More Fundamentals

Taskus Stock Against Markets

Taskus Corporate Management

Claudia JDGeneral SecretaryProfile
Jarrod JohnsonChief OfficerProfile
Sapna BhambaniSenior OperationsProfile
Sean NeighborsSenior OfferingsProfile
Claudia WalshGeneral SecretaryProfile
Charley LemasterSenior SalesProfile
Kerry CarstairsSenior ServicesProfile
When determining whether Taskus Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taskus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taskus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taskus. If investors know Taskus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taskus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taskus' market value can be influenced by many factors that don't directly affect Taskus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.