Long Position on CALD @ $21.00 on 11/25/2015 (Momentum)

Bullish Flag on CALDCallidus Software Inc. (CALD) provides enterprise software and related services to telecommunications, insurance, banking, and technology markets worldwide.

It offers Marketing Automation to generate sales leads by capturing intelligence about buyers' behaviors and engaging them across multiple channels; Territory and Quota to evaluate territory, quota distribution plans, and strategies for meeting corporate sales goals; Enablement that provides sales content at each step of the sales cycle; Litmos Learning Management System for training; Litmos Content to create courses that can be published to desktop browsers and mobile devices; and Sales Performance Manager to set targeted coaching plans to the individual sales professional.

The company also provides Configure-Price-Quote that guides sales representatives through the quoting process; Commissions that streamlines the design and management of incentive compensation programs and commission payments; Incentive Compensation Management that delivers automation in incentive and bonus plan configuration, plan payout, and producer management; Producer Management to manage producer hierarchies, licenses, appointments, education, correspondence, and book of business; and MySalesGame to drive performance-improving behavioral change.

In addition, it offers Surve that provides self-service tools to collect, centralize, and act on customer feedback; Thunderbridge Big Sales Data that combines big data technology with analytics and visualizations to enable real-time exploration of critical sales performance data; WorkFlow to optimize critical business processes and drive collaboration; and Data Hub that synchronizes sales opportunities, product catalogs, and human resource information across various applications, as well as provides professional, business process outsourcing, maintenance and technical support, and educational services. 

Shares have formed a bullish "flag" following the company's latest quarterly resport. Its loss per share matched the estimates while sales topped the estimates. Callidus expects full-year earnings in the range of 18 cents to 21 cents per share, with revenue ranging from $172.3 million to $173.3 million. Higher share prices are expected for this stock.

 

52-Weeks Trading Range: $12.26 - $21.41

Entry Point: $21.00

Stop Loss: $19.80

Target Price: $23.05

Updates

1/27/2016 12:10:32 PM

CALD closed at $15.72

Position closed on 1/27/2016 at price of $15.72 with a -25.14% loss in 63 days.

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