Upland Software (UPLD) Earns Coverage Optimism Score of 0.10
Media coverage about Upland Software (NASDAQ:UPLD) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Upland Software earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.572842650775 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.
Several equities research analysts have recently commented on the stock. Canaccord Genuity boosted their target price on shares of Upland Software from $25.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, August 14th. BidaskClub downgraded shares of Upland Software from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research downgraded shares of Upland Software from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. TheStreet upgraded shares of Upland Software from a “d” rating to a “c-” rating in a research note on Tuesday, July 18th. Finally, Needham & Company LLC restated a “buy” rating and issued a $29.00 target price (up previously from $25.00) on shares of Upland Software in a research note on Friday, July 14th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $27.40.
Shares of Upland Software (UPLD) remained flat at $23.42 on Friday. The stock had a trading volume of 28,819 shares. The company’s 50 day moving average is $23.84 and its 200 day moving average is $19.25. The company’s market capitalization is $482.43 million. Upland Software has a 52 week low of $7.48 and a 52 week high of $25.56.
Upland Software (NASDAQ:UPLD) last announced its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.33) EPS for the quarter, missing the consensus estimate of $0.17 by $0.50. Upland Software had a negative net margin of 19.10% and a negative return on equity of 23.25%. The firm had revenue of $23.30 million for the quarter, compared to the consensus estimate of $21.84 million. During the same quarter last year, the company posted ($0.22) earnings per share. Upland Software’s revenue for the quarter was up 25.3% compared to the same quarter last year. On average, analysts expect that Upland Software will post $0.94 earnings per share for the current year.
In related news, major shareholder Systems Corp Wave sold 91,280 shares of the firm’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $24.57, for a total transaction of $2,242,749.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 30.20% of the stock is owned by company insiders.
About Upland Software
Upland Software Inc is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations.
Receive News & Stock Ratings for Upland Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Software Inc. and related stocks with our FREE daily email newsletter.