Upland Software (NASDAQ:UPLD) Getting Somewhat Favorable Media Coverage, Report Finds
Media headlines about Upland Software (NASDAQ:UPLD) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Upland Software earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.2111429801041 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Edited Transcript of UPLD earnings conference call or presentation 10-Aug-17 9:00pm GMT (finance.yahoo.com)
- Upland Software, Inc. (NASDAQ:UPLD) Issues Earnings Results (americanbankingnews.com)
- Upland Software Reports Second Quarter 2017 Financial Results (bizjournals.com)
- Upland Software’s RightAnswers Knowledge Management Application Achieves the Highest Level of KCS® Verification – KCS v6 Verified (finance.yahoo.com)
- Upland Software Delivers New Cloud Cost Management Capabilities with Its ComSci ITFM Solution (finance.yahoo.com)
A number of equities research analysts have weighed in on UPLD shares. Zacks Investment Research lowered Upland Software from a “hold” rating to a “sell” rating in a research note on Wednesday, May 24th. TheStreet lowered Upland Software from a “c-” rating to a “d” rating in a research note on Wednesday, May 17th. William Blair restated an “outperform” rating on shares of Upland Software in a research note on Tuesday, April 25th. Craig Hallum started coverage on Upland Software in a research note on Wednesday, April 19th. They set a “buy” rating for the company. Finally, Roth Capital lowered Upland Software from a “buy” rating to a “neutral” rating and set a $26.00 price objective for the company. in a research note on Friday, July 14th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $24.40.
Shares of Upland Software (UPLD) traded up 0.44% on Friday, hitting $23.08. The stock had a trading volume of 350,847 shares. The stock’s market cap is $410.32 million. The firm’s 50-day moving average is $23.48 and its 200 day moving average is $18.50. Upland Software has a 1-year low of $7.48 and a 1-year high of $25.56.
Upland Software (NASDAQ:UPLD) last posted its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.33) earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.50. Upland Software had a negative return on equity of 27.06% and a negative net margin of 19.10%. The business had revenue of $23.30 million for the quarter, compared to analyst estimates of $21.84 million. During the same period in the prior year, the firm posted ($0.22) EPS. Upland Software’s revenue for the quarter was up 25.3% on a year-over-year basis. Equities analysts forecast that Upland Software will post $0.82 EPS for the current year.
In related news, major shareholder Systems Corp Wave sold 91,280 shares of the business’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through this link. 30.20% of the stock is currently owned by insiders.
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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.
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