Upland Software (NASDAQ:UPLD) had its price target lifted by Canaccord Genuity from $42.00 to $50.00 in a research report report published on Friday morning, The Fly reports. The brokerage currently has a buy rating on the software maker’s stock.
Other research analysts have also published corporate reports. BidaskClub updated Upland Software from a maintenance note to an acquisition note in a report on Friday. Needham-Company LLC raised its target value in Upland Software from $40.00 to $53.00 and gave the company an acquisition note in a study report on Friday. Zacks Investment Research highlighted Upland Software from a sales note to a maintenance note in a study report on Friday, July 10. Raymond James reduced his value target on Upland Software from $47.00 to $40.00 and set a higher performance score on inventory in a study report on Friday, May 8. Finally, SunTrust Banks reduced its value target on Upland Software from $56.00 to $46.00 and set an acquisition note for the company on a study note on Friday, May 8. Two analysts rated the inventory with a retention score and 8 gave the company a buy mark. Upland Software lately has a consensus purchase score and an average target value of $47.13.
UPLD shares opened at $39.85 on Friday. The Company has a debt ratio of 3.35, an existing ratio of 1.26 and a ratio of 1.26. The company has a market capitalization of $1.010 million, a P/U ratio of -14.87, a PEG ratio of 2.60 and a beta of 0.98. The 50-day moving average of the stock is $35.21 and your two hundred-day moving average is $33.48. Upland Software has a minimum of fifty-two weeks of $20.75 and a maximum of fifty-two weeks of $45.00.
Upland Software (NASDAQ: UPLD) last announced its knowledge of quarterly earnings on Thursday, August 6. The software manufacturer reported $0.60 in EPS for the quarter, surpassing Zacks’ consensus estimate of $0.44 consistent with $0.16. The company generated a profit of $71.10 million in the quarter, to the consensus estimate of $60.59 million. Upland Software recorded a positive decline in equity of 17.28% and a negative net margin of 25.50%. The company’s quarterly profit increased by 34.2% year-on-year. In the same quarter last year, the Company achieved EPS ($0.24). As a group, research analysts expect Upland Software to release 0.78 EPS for the current year.
In other Upland Software news, CEO John T. Mcdonald sold 8,062 of the company’s inventories in a transaction on Thursday, June 18. The inventory was sold at an average value of $34.15 for a total transaction of $275,317.30. After the final touch of the sale, the CEO now directly owns 1,718,883 company inventories, at a cost of $58,699,854.45. The transaction is disclosed in a filing with the Securities and Exchange Commission, which can be accessed on the SEC’s website. In addition, CHIEF executive John T. Mcdonald sold 12,820 company inventories in a transaction on Friday, August 7. The inventory was sold at an average value of $44.31, for a total cost of $568,054.20. As a result of the sale, the CEO now has 1,704,407 company inventories, at a cost of $75,522,274.17. Disclosure of this sale can be found here. During the last quarter, the initiates sold 38,778 shares of the Company at a cost of $1,486,947. 10.60% of inventory is held lately through corporate internal people.
Several hedge budget investors and other institutional investors have recently increased or reduced their stakes in the company. US Bancorp DE increased its stake in Upland Software by 34.7% this quarter. US Bancorp DE now owns 1,962 software manufacturer inventories worth $68,000 after buying 505 more inventories in the last quarter. Alliancebernstein L.P. increased its stake in Upland Software to 2.2% in the fourth quarter. Alliancebernstein L.P. now owns 27,600 inventories from the software manufacturer valued at $986,000 after obtaining another six hundred inventories during the period. The Swiss National Bank increased its stake in Upland Software by 1.5% in the first quarter. The Swiss National Bank now has 41,600 inventories from the software manufacturer valued at $1,116,000 after obtaining another six hundred inventories during the period. Nisa Investment Advisors LLC increased its shares in Upland Software by up to 100.0% in the current quarter. Nisa Investment Advisors LLC now has 1,200 inventories of software manufacturer’s inventory valued at $42,000 after earning another six hundred inventories during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank strengthened its position in Upland Software inventories by 66.8% in the current quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,325 inventories from software manufacturer worth $81,000 after buying 931 more inventories in the last quarter. The hedging budget and other institutional investors own 77.69% of the company’s inventories.
Profile of software company Upland
Upland Software, Inc. supplies cloud-based commercial paint control software in the U.S., Canada, and abroad. The corporate provides a circle of family members of upland branded software programs in data generation (IT) spaces, excellence in procedures and operations, finance, pro and marketing.
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