TaskUs(TASK)

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TaskUs (TASK) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-04-30 17:00
Core Viewpoint - TaskUs (TASK) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of a company's shares, leading to buying or selling actions that affect stock prices [4]. TaskUs Earnings Outlook - For the fiscal year ending December 2025, TaskUs is expected to earn $1.39 per share, reflecting a 7.8% increase from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for TaskUs has increased by 11%, indicating positive sentiment among analysts [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - TaskUs's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Should Value Investors Buy TaskUs (TASK) Stock?
ZACKS· 2025-04-30 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental a ...
TASKUS ALERT: Bragar Eagel & Squire, P.C. is Investigating TaskUs, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-19 01:00
NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against TaskUs, Inc. (NASDAQ: TASK) on behalf of long-term stockholders following a class action complaint that was filed against TaskUs on February 23, 2022 with a Class Period from June 11, 2021 to January 19, 2022. Our investigation concerns whether the board of directors of TaskUs have breached their fiduciary duties to the company. The complain ...
TaskUs(TASK) - 2024 Q4 - Annual Report
2025-03-06 21:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________to______________ Commission file number 001-40482 TaskUs, Inc. (Exact name of registrant as specified in its charter) Delaware 83-15 ...
TaskUs(TASK) - 2024 Q4 - Earnings Call Presentation
2025-02-27 00:47
Investor Presentation February 26, 2025 INVESTOR PRESENTATION 1 Disclaimers Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, and further include, without limitation, statements reflecting our current views with respect to, among other things, our operations, our financial performance, our industry, the impact of the mac ...
TaskUs(TASK) - 2024 Q4 - Earnings Call Transcript
2025-02-27 00:46
TaskUs, Inc. (NASDAQ:TASK) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Trent Thrash - Senior Vice President of Corporate Development & Investor Relations Bryce Maddock - Co-Founder & Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Jim Schneider - Goldman Sachs Cassie Chan - Bank of America Securities Jonathan Lee – Guggenheim Partners David Koning - Baird Maggie Nolan - William Blair James Faucette - Morgan Stanley Operator G ...
TaskUs (TASK) Lags Q4 Earnings Estimates
ZACKS· 2025-02-26 23:35
分组1 - TaskUs reported quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.34 per share, and down from $0.35 per share a year ago, representing an earnings surprise of -8.82% [1] - The company posted revenues of $274.24 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2%, and up from $234.26 million year-over-year [2] - TaskUs has surpassed consensus revenue estimates four times over the last four quarters, but has only exceeded consensus EPS estimates once in the same period [2] 分组2 - The stock has underperformed the market, losing about 9% since the beginning of the year compared to the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the coming quarter is $0.31 on revenues of $254.09 million, and for the current fiscal year, it is $1.35 on revenues of $1.1 billion [7] - The Zacks Industry Rank for Computers - IT Services is currently in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
TaskUs(TASK) - 2024 Q4 - Annual Results
2025-02-26 21:07
Financial Performance - TaskUs achieved a record full-year revenue of $995 million in 2024, representing a 17.1% year-over-year growth[2] - Fourth quarter service revenue reached $274.2 million, exceeding guidance by $4.9 million, with a 17.1% year-over-year increase[5] - Net income for Q4 2024 was $8.9 million, with a net income margin of 3.2%, down from 6.9% in Q4 2023[3] - Adjusted EBITDA for the full year 2024 was $209.9 million, achieving an Adjusted EBITDA margin of 21.1%[7] - TaskUs expects full-year 2025 revenue to be between $1.095 billion and $1.125 billion, with an Adjusted EBITDA margin of approximately 21%[2] - Service revenue for the year ended December 31, 2024, increased to $994.985 million, up from $924.365 million in 2023, representing a growth of 7.6%[15] - Net income for the year ended December 31, 2024, was $45.870 million, slightly up from $45.690 million in 2023, indicating a marginal increase of 0.4%[15] - Adjusted EBITDA for the year ended December 31, 2024, was $209.867 million, compared to $220.797 million in 2023, reflecting a decrease of 5%[21] - The company reported a net income margin of 4.6% for the year ended December 31, 2024, compared to 4.9% in 2023, indicating a slight decline[21] - Basic net income per share for the year ended December 31, 2024, was $0.52, up from $0.49 in 2023, reflecting a growth of 6.1%[15] - For the three months ended December 31, 2024, diluted EPS was $0.10, compared to $0.18 for the same period in 2023[29] - Adjusted EPS for the year ended December 31, 2024, was $1.29, slightly down from $1.32 in 2023[29] Cash Flow and Expenses - Free Cash Flow for Q4 2024 was $20.4 million, with a conversion rate of 37.9% from Adjusted EBITDA[5] - The company ended 2024 with approximately 200 clients, over half generating $1 million or more in revenue[6] - Total operating expenses for the year ended December 31, 2024, were $902.561 million, up from $829.327 million in 2023, which is an increase of 8.8%[15] - Cash and cash equivalents at the end of the period increased to $192.166 million from $125.776 million, showing a significant rise of 52.6%[19] - Free Cash Flow for the three months ended December 31, 2024, was $20,375 thousand, down from $31,684 thousand in 2023[31] - Adjusted Free Cash Flow for the year ended December 31, 2024, was $107,357 thousand, compared to $131,016 thousand in 2023[31] - Net cash provided by operating activities for the year ended December 31, 2024, was $138,888 thousand, down from $143,670 thousand in 2023[31] - The conversion of Adjusted EBITDA to Free Cash Flow was 37.9% for the three months ended December 31, 2024[31] Growth and Workforce - TaskUs added 4,200 teammates in 2024, bringing the total headcount to 59,000[6] - The company anticipates sustaining double-digit year-over-year growth in Q1 2025[4] Assets and Liabilities - Total assets as of December 31, 2024, reached $953.298 million, an increase from $864.202 million in 2023, marking a growth of 10.3%[17] - The company had a strong year-end balance sheet with $192.2 million in cash and $190 million in revolver capacity[7] Litigation and Non-Recurring Costs - The company incurred $8.393 million in litigation costs during the three months ended December 31, 2024, which were considered non-recurring[21] - The company recognized severance payments due to cost optimization measures during the period[26] - The non-GAAP effective tax rate applied was 33.3% for the three months ended December 31, 2024, compared to 28.3% for the same period in 2023[27] - The company incurred litigation costs considered non-recurring, impacting financial performance comparisons[27]
TASK vs. DT: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-01-24 17:41
Core Insights - TaskUs (TASK) is currently viewed as a more attractive investment compared to Dynatrace (DT) for value investors seeking undervalued stocks [1][7] Valuation Metrics - TASK has a forward P/E ratio of 12.67, significantly lower than DT's forward P/E of 41.45 [5] - The PEG ratio for TASK is 2.89, while DT's PEG ratio stands at 4.12, indicating TASK's expected earnings growth is more favorably priced [5] - TASK's P/B ratio is 3.12, compared to DT's P/B of 7.61, further highlighting TASK's relative valuation advantage [6] Analyst Outlook - TASK holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while DT has a Zacks Rank of 3 (Hold) [3] - The stronger estimate revision activity for TASK suggests a more favorable analyst outlook compared to DT [7] Value Grades - TASK has earned a Value grade of B, while DT has received a Value grade of F, reflecting the disparity in their valuation metrics [6]
Strength Seen in TaskUs (TASK): Can Its 9.3% Jump Turn into More Strength?
ZACKS· 2025-01-16 15:30
TaskUs (TASK) shares rallied 9.3% in the last trading session to close at $16.67. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.7% loss over the past four weeks.TaskUs is benefiting from strong demand in specialized service lines like trust and safety, digital customer experience, and AI services, along with its focus on cross-selling and enhancing efficiency through generative AI and automation.This pro ...