Upland Software, Inc. (NASDAQ:UPLD) Receives $3.75 Consensus Price Target from Analysts

Shares of Upland Software, Inc. (NASDAQ:UPLD) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $3.75.

Separately, Needham & Company LLC reissued a “hold” rating on shares of Upland Software in a report on Friday, November 8th.

Upland Software Stock Down 1.8 %

Upland Software stock opened at $3.89 on Friday. Upland Software has a fifty-two week low of $1.79 and a fifty-two week high of $5.64. The firm has a market capitalization of $106.75 million, a PE ratio of -0.86 and a beta of 1.28. The company’s 50-day moving average is $4.33 and its 200-day moving average is $3.09. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99.

Upland Software (NASDAQ:UPLD) last announced its quarterly earnings results on Thursday, November 7th. The software maker reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. Upland Software had a positive return on equity of 50.06% and a negative net margin of 44.92%. The firm had revenue of $66.69 million for the quarter, compared to the consensus estimate of $67.13 million. During the same quarter in the previous year, the business earned $0.22 earnings per share. Sell-side analysts anticipate that Upland Software will post 0.65 earnings per share for the current year.

Institutional Investors Weigh In On Upland Software

Several hedge funds have recently bought and sold shares of UPLD. First Heartland Consultants Inc. acquired a new position in shares of Upland Software in the third quarter valued at approximately $30,000. Dynamic Technology Lab Private Ltd bought a new stake in Upland Software in the 3rd quarter valued at $31,000. XTX Topco Ltd acquired a new position in Upland Software in the 3rd quarter valued at $43,000. Legato Capital Management LLC bought a new position in Upland Software during the 4th quarter worth $44,000. Finally, WESPAC Advisors LLC acquired a new stake in shares of Upland Software during the fourth quarter worth $55,000. 77.78% of the stock is currently owned by institutional investors and hedge funds.

Upland Software Company Profile

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.