Analyzing TaskUs (TASK) & Its Peers

TaskUs (NASDAQ:TASKGet Rating) is one of 141 public companies in the “Data processing & preparation” industry, but how does it contrast to its peers? We will compare TaskUs to similar businesses based on the strength of its risk, profitability, earnings, analyst recommendations, institutional ownership, dividends and valuation.

Valuation and Earnings

This table compares TaskUs and its peers revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
TaskUs $760.70 million -$58.70 million -29.36
TaskUs Competitors $895.35 million -$10.28 million 0.59

TaskUs’ peers have higher revenue and earnings than TaskUs. TaskUs is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares TaskUs and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TaskUs -7.51% 19.14% 8.96%
TaskUs Competitors -34.96% -1,419.89% -5.97%

Analyst Recommendations

This is a breakdown of recent ratings for TaskUs and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TaskUs 0 1 8 0 2.89
TaskUs Competitors 772 3326 5028 105 2.48

TaskUs presently has a consensus price target of $51.38, indicating a potential upside of 133.31%. As a group, “Data processing & preparation” companies have a potential upside of 80.67%. Given TaskUs’ stronger consensus rating and higher probable upside, analysts clearly believe TaskUs is more favorable than its peers.

Insider and Institutional Ownership

76.1% of TaskUs shares are owned by institutional investors. Comparatively, 52.9% of shares of all “Data processing & preparation” companies are owned by institutional investors. 18.8% of shares of all “Data processing & preparation” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

TaskUs beats its peers on 7 of the 12 factors compared.

About TaskUs (Get Rating)

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, HiTech, 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.

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