TheStreet lowered shares of Upland Software (NASDAQ:UPLD) from a b- rating to a c+ rating in a research report released on Wednesday, TheStreetRatingsTable reports.
Other research analysts have also issued research reports about the company. Roth Capital reissued a buy rating on shares of Kalvista Pharmaceuticals in a report on Tuesday, May 28th. BidaskClub lowered Zynerba Pharmaceuticals from a buy rating to a hold rating in a report on Wednesday, June 26th. Canaccord Genuity lowered their price objective on Jamieson Wellness from C$23.00 to C$20.00 in a report on Monday, May 6th. Craig Hallum reissued a buy rating and set a $56.00 price objective (up previously from $52.00) on shares of Upland Software in a report on Friday, May 31st. Finally, Zacks Investment Research upgraded FirstService from a strong sell rating to a hold rating and set a $110.00 target price for the company in a research note on Tuesday, June 25th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of $51.88.
Shares of NASDAQ UPLD opened at $45.93 on Wednesday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market cap of $987.04 million, a price-to-earnings ratio of 38.92, a price-to-earnings-growth ratio of 1.86 and a beta of 0.57. The firm’s 50-day moving average is $47.38. Upland Software has a 52 week low of $25.12 and a 52 week high of $54.87.
Upland Software (NASDAQ:UPLD) last issued its quarterly earnings data on Thursday, May 2nd. The software maker reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.20. The business had revenue of $48.50 million for the quarter, compared to analyst estimates of $48.39 million. Upland Software had a positive return on equity of 27.01% and a negative net margin of 8.77%. The firm’s revenue for the quarter was up 53.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.37 EPS. As a group, analysts predict that Upland Software will post 1.26 earnings per share for the current year.
A number of large investors have recently made changes to their positions in the stock. Legal & General Group Plc boosted its stake in Upland Software by 26.6% during the 4th quarter. Legal & General Group Plc now owns 2,959 shares of the software maker’s stock valued at $81,000 after purchasing an additional 622 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Upland Software by 3.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 22,658 shares of the software maker’s stock valued at $616,000 after purchasing an additional 700 shares during the period. Hodges Capital Management Inc. boosted its stake in Upland Software by 1.5% during the 1st quarter. Hodges Capital Management Inc. now owns 73,097 shares of the software maker’s stock valued at $3,096,000 after purchasing an additional 1,100 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Upland Software by 109,133.3% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,277 shares of the software maker’s stock valued at $139,000 after purchasing an additional 3,274 shares during the period. Finally, Avalon Advisors LLC boosted its stake in Upland Software by 3.0% during the 1st quarter. Avalon Advisors LLC now owns 114,519 shares of the software maker’s stock valued at $4,851,000 after purchasing an additional 3,331 shares during the period. Hedge funds and other institutional investors own 66.55% of the company’s stock.
Upland Software Company Profile
Upland Software, Inc provides cloud-based enterprise work management software in the United States, Canada, and internationally. The company offers a family of software applications under the Upland brand in the areas of information technology (IT), process excellence and operations, finance, professional services, and marketing.
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