NASDAQ
TASK

Taskus Inc

Information Technology Services
Technology

Prices are adjusted according to historical splits.

Taskus Inc Stock Price

Vitals

Today's Low:
$9.34
Today's High:
$9.64
Open Price:
$9.34
52W Low:
$8.8
52W High:
$24.1
Prev. Close:
$9.51
Volume:
245846

Company Statistics

Market Cap.:
$935.44 million
Book Value:
4.851
Revenue TTM:
$938.83 million
Operating Margin TTM:
11%
Gross Profit TTM:
$401.73 million
Profit Margin:
4.34%
Return on Assets TTM:
7.17%
Return on Equity TTM:
9.12%

Company Profile

Taskus Inc had its IPO on 2021-06-11 under the ticker symbol TASK.

The company operates in the Technology sector and Information Technology Services industry. Taskus Inc has a staff strength of 49,500 employees.

Stock update

Shares of Taskus Inc opened at $9.34 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.34 - $9.64, and closed at $9.42.

This is a -0.95% slip from the previous day's closing price.

A total volume of 245,846 shares were traded at the close of the day’s session.

In the last one week, shares of Taskus Inc have slipped by -6.36%.

Taskus Inc's Key Ratios

Taskus Inc has a market cap of $935.44 million, indicating a price to book ratio of 3.9709 and a price to sales ratio of 1.748.

In the last 12-months Taskus Inc’s revenue was $938.83 million with a gross profit of $401.73 million and an EBITDA of $162.80 million. The EBITDA ratio measures Taskus Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Taskus Inc’s operating margin was 11% while its return on assets stood at 7.17% with a return of equity of 9.12%.

In Q2, Taskus Inc’s quarterly earnings growth was a positive 42.9% while revenue growth was a negative 7%.

Taskus Inc’s PE and PEG Ratio

Forward PE
11.274
Trailing PE
25.7949
PEG

Its diluted EPS in the last 12-months stands at $0.39 per share while it has a forward price to earnings multiple of 11.274 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Taskus Inc’s profitability.

Taskus Inc stock is trading at a EV to sales ratio of 2.0245 and a EV to EBITDA ratio of 15.7986. Its price to sales ratio in the trailing 12-months stood at 1.748.

Taskus Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$917.72 million
Total Liabilities
$129.32 million
Operating Cash Flow
$-9801000.00
Capital Expenditure
$9.80 million
Dividend Payout Ratio
0%

Taskus Inc ended 2024 with $917.72 million in total assets and $0 in total liabilities. Its intangible assets were valued at $917.72 million while shareholder equity stood at $458.80 million.

Taskus Inc ended 2024 with $0 in deferred long-term liabilities, $129.32 million in other current liabilities, 998000.00 in common stock, $-116033000.00 in retained earnings and $217.80 million in goodwill. Its cash balance stood at $153.64 million and cash and short-term investments were $153.64 million. The company’s total short-term debt was $17,914,000 while long-term debt stood at $261.04 million.

Taskus Inc’s total current assets stands at $365.82 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $180.16 million compared to accounts payable of $40.77 million and inventory worth $0.

In 2024, Taskus Inc's operating cash flow was $-9801000.00 while its capital expenditure stood at $9.80 million.

Comparatively, Taskus Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$9.42
52-Week High
$24.1
52-Week Low
$8.8
Analyst Target Price
$16.67

Taskus Inc stock is currently trading at $9.42 per share. It touched a 52-week high of $24.1 and a 52-week low of $24.1. Analysts tracking the stock have a 12-month average target price of $16.67.

Its 50-day moving average was $11.02 and 200-day moving average was $14.26 The short ratio stood at 3.98 indicating a short percent outstanding of 0%.

Around 444.8% of the company’s stock are held by insiders while 9885.6% are held by institutions.

Frequently Asked Questions About Taskus Inc

The stock symbol (also called stock or share ticker) of Taskus Inc is TASK

The IPO of Taskus Inc took place on 2021-06-11

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About

TaskUs, Inc. provides digital outsourcing services for companies worldwide. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through digital channels; and other solutions, including customer care services for new product or market launches, trust and safety solutions, and customer acquisition solutions. The company also offers content security services, such as review and disposition of user and advertiser generated content, which include removal or labeling of policy violating, and offensive or misleading content; and artificial intelligence (AI) solutions that consist of data labeling, annotation, and transcription services for training and tuning AI algorithms through the process of machine learning. It serves clients in various industry segments within the digital economy, including e-commerce, FinTech, food delivery and ride sharing, gaming, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.

Address

1650 Independence Drive, New Braunfels, TX, United States, 78132