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

Upland Software, Inc. (NASDAQ:UPLD - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the five analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $3.75.

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

Institutional Trading of Upland Software

Several hedge funds and other institutional investors have recently modified their holdings of the stock. 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 position in Upland Software during the 3rd quarter worth $31,000. XTX Topco Ltd acquired a new stake in shares of Upland Software during the third quarter worth $43,000. Legato Capital Management LLC bought a new stake in shares of Upland Software in the fourth quarter valued at about $44,000. Finally, WESPAC Advisors LLC acquired a new position in shares of Upland Software in the fourth quarter valued at about $55,000. Institutional investors own 77.78% of the company's stock.

Upland Software Price Performance

UPLD traded up $0.06 during trading on Friday, hitting $4.00. The company's stock had a trading volume of 11,467 shares, compared to its average volume of 239,994. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 324.05. The stock has a market capitalization of $109.62 million, a price-to-earnings ratio of -0.88 and a beta of 1.28. The firm's 50 day moving average price is $4.33 and its two-hundred day moving average price is $3.08. Upland Software has a 12 month low of $1.79 and a 12 month high of $5.64.

Upland Software (NASDAQ:UPLD - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The software maker reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.08. Upland Software had a negative net margin of 44.92% and a positive return on equity of 50.06%. The firm had revenue of $66.69 million for the quarter, compared to analyst estimates of $67.13 million. During the same quarter in the prior year, the firm earned $0.22 EPS. Sell-side analysts forecast that Upland Software will post 0.65 earnings per share for the current fiscal year.

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.