Shares of Upland Software Inc (NASDAQ:UPLD) have been assigned an average rating of “Buy” from the twelve analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $51.75.

UPLD has been the subject of a number of recent research reports. Jefferies Financial Group dropped their target price on 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. Craig Hallum boosted their price objective on Upland Software from $56.00 to $59.00 and gave the stock a “buy” rating in a report on Monday, October 7th. Zacks Investment Research downgraded shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. BidaskClub raised shares of Upland Software from a “sell” rating to a “hold” rating in a research note on Thursday, November 21st. Finally, ValuEngine cut shares of Upland Software from a “sell” rating to a “strong sell” rating in a research report on Friday, October 25th.

Shares of Upland Software stock traded up $0.23 during midday trading on Tuesday, reaching $36.47. The company had a trading volume of 6,313 shares, compared to its average volume of 301,042. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 1.57. The stock has a fifty day simple moving average of $37.92 and a 200 day simple moving average of $41.85. Upland Software has a 1-year low of $25.12 and a 1-year high of $54.87. The company has a market capitalization of $977.86 million, a price-to-earnings ratio of 31.05, a price-to-earnings-growth ratio of 1.08 and a beta of 0.61.

Upland Software (NASDAQ:UPLD) last posted its quarterly earnings data on Thursday, November 7th. The software maker reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.20. The firm had revenue of $55.10 million for the quarter, compared to the consensus estimate of $55.33 million. Upland Software had a positive return on equity of 21.45% and a negative net margin of 11.31%. The business’s revenue for the quarter was up 48.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 EPS. Sell-side analysts expect that Upland Software will post 1.44 earnings per share for the current year.

In other Upland Software news, Director Stephen E. Courter sold 1,450 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $34.42, for a total value of $49,909.00. Following the completion of the sale, the director now owns 11,651 shares of the company’s stock, valued at $401,027.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.60% of the company’s stock.

Large investors have recently bought and sold shares of the business. Van Hulzen Asset Management LLC raised its position in shares of Upland Software by 8.5% during the second quarter. Van Hulzen Asset Management LLC now owns 5,685 shares of the software maker’s stock worth $259,000 after purchasing an additional 444 shares during the period. Tower Research Capital LLC TRC raised its holdings 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 acquiring an additional 516 shares during the period. Rice Hall James & Associates LLC lifted its position in Upland Software by 2.3% in the 3rd quarter. Rice Hall James & Associates LLC now owns 24,050 shares of the software maker’s stock valued at $838,000 after acquiring an additional 552 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Upland Software by 77.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,394 shares of the software maker’s stock valued at $63,000 after acquiring an additional 608 shares in the last quarter. Finally, Aperio Group LLC bought a new stake in Upland Software in the 2nd quarter valued at $28,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

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.

Recommended Story: What is the Rule of 72?

Analyst Recommendations for Upland Software (NASDAQ:UPLD)

Receive News & Ratings for Upland Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Upland Software and related companies with MarketBeat.com's FREE daily email newsletter.