Callidus Software (CALD) Hits New Lifetime High - TheStreet

Trade-Ideas LLC identified

Callidus Software

(

CALD

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Callidus Software as such a stock due to the following factors:

  • CALD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.9 million.
  • CALD has traded 4,264 shares today.
  • CALD is trading at a new lifetime high.

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More details on CALD:

Callidus Software Inc. provides enterprise software and related services to telecommunications, insurance, banking, and technology markets worldwide. Currently there are 7 analysts that rate Callidus Software a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Callidus Software has been 500,900 shares per day over the past 30 days. Callidus Software has a market cap of $1.1 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 0.37 and a short float of 2.9% with 3.59 days to cover. Shares are up 26.7% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Callidus Software as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 15.7%. Since the same quarter one year prior, revenues rose by 28.4%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • CALD's debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.39, which illustrates the ability to avoid short-term cash problems.
  • The gross profit margin for CALLIDUS SOFTWARE INC is rather high; currently it is at 68.07%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of -4.99% is in-line with the industry average.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Software industry and the overall market, CALLIDUS SOFTWARE INC's return on equity significantly trails that of both the industry average and the S&P 500.

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