Equities analysts expect Upland Software Inc (NASDAQ:UPLD) to report earnings of $0.58 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Upland Software’s earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.50. Upland Software also reported earnings of $0.58 per share in the same quarter last year. The company is expected to report its next earnings results after the market closes on Thursday, March 5th.
According to Zacks, analysts expect that Upland Software will report full-year earnings of $2.38 per share for the current financial year, with EPS estimates ranging from $2.29 to $2.42. For the next year, analysts forecast that the company will report earnings of $2.28 per share, with EPS estimates ranging from $1.69 to $2.56. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Upland Software.
A number of brokerages recently weighed in on UPLD. Zacks Investment Research cut shares of Upland Software from a “hold” rating to a “sell” rating in a research report on Wednesday, December 11th. ValuEngine raised shares of Upland Software from a “sell” rating to a “hold” rating in a research report on Thursday. Jefferies Financial Group decreased their price target on shares of Upland Software from $61.00 to $49.00 and set a “buy” rating for the company in a research report on Friday, November 8th. They noted that the move was a valuation call. Needham & Company LLC reaffirmed a “buy” rating and set a $53.00 price target on shares of Upland Software in a research report on Wednesday, February 5th. Finally, BidaskClub raised shares of Upland Software from a “hold” rating to a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $50.67.
A number of large investors have recently bought and sold shares of UPLD. Cullen Frost Bankers Inc. boosted its position in Upland Software by 463.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 969 shares of the software maker’s stock valued at $35,000 after buying an additional 797 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Upland Software by 57.1% during the third quarter. Tower Research Capital LLC TRC now owns 1,420 shares of the software maker’s stock worth $50,000 after purchasing an additional 516 shares during the last quarter. Great West Life Assurance Co. Can bought a new position in shares of Upland Software during the fourth quarter worth about $63,000. Bank of Montreal Can lifted its position in shares of Upland Software by 44.6% during the fourth quarter. Bank of Montreal Can now owns 2,900 shares of the software maker’s stock worth $104,000 after purchasing an additional 894 shares during the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Upland Software during the fourth quarter worth about $135,000. 81.47% of the stock is owned by institutional investors.
Shares of Upland Software stock opened at $44.25 on Tuesday. The company has a fifty day moving average price of $39.81 and a 200 day moving average price of $38.71. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.57. Upland Software has a twelve month low of $32.15 and a twelve month high of $54.87. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -45.15, a price-to-earnings-growth ratio of 1.16 and a beta of 0.42.
About Upland Software
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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