Upland Software (NASDAQ:UPLD – Get Free Report) issued its earnings results on Wednesday. The software maker reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.11, FiscalAI reports. Upland Software had a negative net margin of 18.50% and a negative return on equity of 46.06%.
Upland Software Stock Up 10.1%
Shares of Upland Software stock traded up $0.43 on Wednesday, hitting $4.70. The stock had a trading volume of 75,218 shares, compared to its average volume of 37,599. Upland Software has a one year low of $2.75 and a one year high of $21.50. The stock’s 50-day simple moving average is $3.70 and its two-hundred day simple moving average is $6.44. The stock has a market cap of $13.91 million, a price-to-earnings ratio of -0.33 and a beta of 1.42.
Wall Street Analyst Weigh In
Several research analysts have recently commented on UPLD shares. Needham & Company LLC reiterated a “buy” rating and issued a $10.00 price objective on shares of Upland Software in a report on Tuesday, July 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Upland Software in a research note on Friday, September 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Upland Software has a consensus rating of “Hold” and an average price target of $12.50.
About Upland Software
Upland Software, Inc is an enterprise software company that develops cloud-based applications for managing work, customer relationships and business processes. Its software is designed to help organizations automate workflows, organize information, improve collaboration and measure operational performance across departments.
Upland’s product portfolio has included solutions for project and portfolio management, enterprise content management, knowledge management, customer experience, customer service, sales enablement, communications and information technology service management.
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