Upland Software, Inc. (NASDAQ:UPLD) – Stock analysts at William Blair raised their Q4 2017 earnings per share (EPS) estimates for Upland Software in a research report issued to clients and investors on Friday. William Blair analyst B. Suri now expects that the software maker will post earnings per share of $0.24 for the quarter, up from their previous forecast of $0.23.

Upland Software (NASDAQ:UPLD) last released its quarterly earnings results on Thursday, November 9th. The software maker reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01. Upland Software had a negative net margin of 18.89% and a negative return on equity of 13.22%. The firm had revenue of $26.07 million during the quarter, compared to analyst estimates of $25.33 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The business’s revenue for the quarter was up 35.5% compared to the same quarter last year.

TRADEMARK VIOLATION WARNING: “Upland Software, Inc. to Post Q4 2017 Earnings of $0.24 Per Share, William Blair Forecasts (UPLD)” was reported by Watch List News and is owned by of Watch List News. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://www.watchlistnews.com/upland-software-inc-to-post-q4-2017-earnings-of-0-24-per-share-william-blair-forecasts-upld/1719641.html.

Several other equities research analysts have also commented on the stock. Zacks Investment Research lowered shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. BidaskClub lowered shares of Upland Software from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Canaccord Genuity upped their price target on shares of Upland Software from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, August 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $26.40.

Shares of Upland Software (NASDAQ UPLD) opened at $21.70 on Monday. Upland Software has a 52-week low of $8.19 and a 52-week high of $25.56. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.94.

In related news, CFO Michael Douglass Hill sold 20,000 shares of the stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $22.01, for a total value of $440,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Systems Corp Wave sold 35,400 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $22.38, for a total transaction of $792,252.00. The disclosure for this sale can be found here. Insiders sold a total of 170,108 shares of company stock valued at $3,743,473 over the last three months. 30.20% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Pembroke Management LTD boosted its stake in Upland Software by 4.0% in the 3rd quarter. Pembroke Management LTD now owns 623,100 shares of the software maker’s stock worth $13,185,000 after purchasing an additional 24,000 shares during the period. Vanguard Group Inc. boosted its stake in Upland Software by 55.3% in the 2nd quarter. Vanguard Group Inc. now owns 403,955 shares of the software maker’s stock worth $8,883,000 after purchasing an additional 143,808 shares during the period. Lyon Street Capital LLC boosted its stake in Upland Software by 16.8% in the 3rd quarter. Lyon Street Capital LLC now owns 388,911 shares of the software maker’s stock worth $8,229,000 after purchasing an additional 55,965 shares during the period. Precept Management LLC boosted its stake in Upland Software by 41.3% in the 2nd quarter. Precept Management LLC now owns 278,700 shares of the software maker’s stock worth $6,129,000 after purchasing an additional 81,425 shares during the period. Finally, UBS Asset Management Americas Inc. bought a new position in Upland Software in the 2nd quarter worth approximately $5,584,000. 27.62% of the stock is owned by institutional investors.

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.

Earnings History and Estimates for Upland Software (NASDAQ:UPLD)

Receive News & 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 companies with Analyst Ratings Network's FREE daily email newsletter.