Upland Software (UPLD) Given News Impact Score of 0.09
Press coverage about Upland Software (NASDAQ:UPLD) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Upland Software earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 46.5654213576067 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Upland Software, Inc. (UPLD) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Upland Software, Inc. breached its 50 day moving average in a Bearish Manner : UPLD-US : August 29, 2017 (finance.yahoo.com)
- Upland Software Announces First Major Release of Its Award-Winning RightAnswers Knowledge Management Solution (finance.yahoo.com)
- Upland Software, Inc. – Value Analysis (NASDAQ:UPLD) : August 24, 2017 (finance.yahoo.com)
A number of analysts recently issued reports on UPLD shares. BidaskClub raised Upland Software from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. SunTrust Banks, Inc. started coverage on Upland Software in a research report on Monday, June 26th. They set a “buy” rating and a $27.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and set a $29.00 price objective (up previously from $25.00) on shares of Upland Software in a research report on Friday, July 14th. Canaccord Genuity lifted their price objective on Upland Software from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Monday, August 14th. Finally, Zacks Investment Research raised Upland Software from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Saturday, July 22nd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Upland Software has a consensus rating of “Buy” and a consensus target price of $27.40.
Shares of Upland Software (UPLD) remained flat at $22.89 during mid-day trading on Thursday. The stock had a trading volume of 54,637 shares. Upland Software has a 1-year low of $7.48 and a 1-year high of $25.56. The stock’s market capitalization is $471.51 million. The stock has a 50-day moving average of $23.89 and a 200-day moving average of $19.33.
Upland Software (NASDAQ:UPLD) last posted its quarterly earnings data on Thursday, August 10th. The software maker reported ($0.33) EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.50. Upland Software had a negative return on equity of 23.25% 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 quarter in the prior year, the company earned ($0.22) earnings per share. The company’s quarterly revenue was up 25.3% on a year-over-year basis. Analysts expect that Upland Software will post $0.94 EPS for the current fiscal year.
In other news, major shareholder Systems Corp Wave sold 91,280 shares of the stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $24.57, for a total transaction of $2,242,749.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 30.20% of the company’s stock.
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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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