Back to top

Callidus Software (CALD) in Focus: Stock Moves 9.9% Higher

Read MoreHide Full Article

Callidus Software Inc.  was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 25.5% in the past one-month time frame.

The shares rose after SAP SE (SAP - Free Report)  announced to acquire Callidus Software for $2.4 billion.

The Zacks Consensus Estimate for the current quarter has remained unchanged over past two months. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.    

Callidus Software currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Callidus Software, Inc. Price and Consensus

A better ranked stock in the   Computer - Software industry is Aspen Technology, Inc. (AZPN - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is CALD going up? Or down? Predict to see what others think: Up or Down

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Aspen Technology, Inc. (AZPN) - free report >>

SAP SE (SAP) - free report >>

More from Zacks Tale of the Tape

You May Like