News articles about Upland Software (NASDAQ:UPLD) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Upland Software earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 45.4251748948189 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Dropbox Inc (DBX) Received its Third Buy in a Row (analystratings.com)
- Canaccord Genuity Sticks to Its Hold Rating for Ceridian HCM Holding Inc (CDAY) (analystratings.com)
- Upland Software, Inc. (UPLD): Stay Cool with Active Stock: (bitcoinpriceupdate.review)
- Analysts Expect Upland Software Inc (UPLD) to Post $0.37 EPS (americanbankingnews.com)
- Upland Software (UPLD) Price Target Increased to $40.00 by Analysts at Needham & Company LLC (americanbankingnews.com)
A number of research firms recently commented on UPLD. ValuEngine upgraded Upland Software from a “hold” rating to a “buy” rating in a research report on Thursday. Roth Capital upgraded Upland Software from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $26.00 to $11.50 in a research report on Thursday. Needham & Company LLC raised their price target on Upland Software from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday. BidaskClub lowered Upland Software from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 22nd. Finally, Canaccord Genuity raised their price target on Upland Software from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, June 29th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $33.08.
Upland Software traded up $0.08, reaching $34.62, during midday trading on Friday, Marketbeat reports. 134,217 shares of the company traded hands, compared to its average volume of 214,125. Upland Software has a twelve month low of $18.52 and a twelve month high of $37.44. The firm has a market capitalization of $743.73 million, a P/E ratio of 39.70, a P/E/G ratio of 1.78 and a beta of 0.37. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.82 and a quick ratio of 0.82.
Upland Software (NASDAQ:UPLD) last announced its quarterly earnings results on Wednesday, August 8th. The software maker reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.01). The business had revenue of $35.95 million for the quarter, compared to analyst estimates of $34.06 million. Upland Software had a positive return on equity of 19.08% and a negative net margin of 12.92%. The company’s revenue was up 54.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.33) EPS. research analysts anticipate that Upland Software will post 0.97 EPS for the current fiscal year.
In related news, Director David May sold 40,000 shares of the company’s stock in a transaction on Monday, June 18th. The stock was sold at an average price of $35.32, for a total transaction of $1,412,800.00. Following the transaction, the director now directly owns 128,479 shares of the company’s stock, valued at $4,537,878.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Timothy Mattox sold 17,000 shares of the company’s stock in a transaction on Thursday, July 12th. The shares were sold at an average price of $36.03, for a total value of $612,510.00. Following the transaction, the chief operating officer now directly owns 449,429 shares in the company, valued at $16,192,926.87. The disclosure for this sale can be found here. Insiders have sold 158,665 shares of company stock worth $5,595,607 over the last ninety days. 14.70% of the stock is owned by insiders.
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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