Upland Software, Inc. (NASDAQ:UPLD) Receives Consensus Rating of “Hold” from Analysts

Upland Software, Inc. (NASDAQ:UPLDGet Free Report) has been assigned a consensus recommendation of “Hold” from the five research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $3.75.

A number of equities research analysts have commented on UPLD shares. Roth Mkm reissued a “sell” rating and set a $2.50 price objective (down previously from $3.00) on shares of Upland Software in a report on Tuesday, May 7th. Canaccord Genuity Group lowered their price target on shares of Upland Software from $7.00 to $5.00 and set a “buy” rating for the company in a report on Friday, May 3rd. StockNews.com cut shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Thursday, May 23rd. William Blair reissued an “outperform” rating on shares of Upland Software in a research note on Friday, May 3rd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Upland Software in a research note on Friday, May 3rd.

Check Out Our Latest Analysis on Upland Software

Hedge Funds Weigh In On Upland Software

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State Board of Administration of Florida Retirement System bought a new position in shares of Upland Software in the 1st quarter worth $34,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Upland Software during the 1st quarter worth about $37,000. Pingora Partners LLC bought a new stake in shares of Upland Software in the 4th quarter valued at about $50,000. Oxford Asset Management LLP acquired a new stake in shares of Upland Software in the 4th quarter valued at approximately $52,000. Finally, Verdad Advisers LP bought a new position in Upland Software during the 4th quarter worth approximately $337,000. 77.78% of the stock is owned by institutional investors.

Upland Software Stock Up 4.3 %

Shares of UPLD opened at $2.94 on Tuesday. The company has a market capitalization of $81.11 million, a P/E ratio of -0.62 and a beta of 1.01. Upland Software has a one year low of $1.89 and a one year high of $5.28. The business’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $3.58. The company has a debt-to-equity ratio of 23.49, a current ratio of 2.34 and a quick ratio of 2.34.

Upland Software (NASDAQ:UPLDGet Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The software maker reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.09. The company had revenue of $70.74 million for the quarter, compared to analyst estimates of $68.29 million. Upland Software had a positive return on equity of 13.87% and a negative net margin of 46.64%. As a group, sell-side analysts predict that Upland Software will post 0.17 EPS for the current fiscal year.

Upland Software Company Profile

(Get Free Report

Upland Software, Inc, together with its subsidiaries, provides cloud-based software applications under the Upland brand name in the United States, the United Kingdom, Canada, and internationally. It offers software applications that enable organizations to plan, manage and execute projects, and work in the areas of marketing, sales, contact center, knowledge management, project management, information technology, business operations, human resources, and legal.

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Analyst Recommendations for Upland Software (NASDAQ:UPLD)

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