Equities analysts predict that Upland Software Inc (NASDAQ:UPLD) will post earnings per share of $0.26 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Upland Software’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.31. Upland Software reported earnings per share of ($0.12) in the same quarter last year, which indicates a positive year-over-year growth rate of 316.7%. The firm is scheduled to issue its next quarterly earnings results on Thursday, March 22nd.

According to Zacks, analysts expect that Upland Software will report full-year earnings of $0.92 per share for the current financial year, with EPS estimates ranging from $0.88 to $0.98. For the next fiscal year, analysts forecast that the business will post earnings of $1.23 per share, with EPS estimates ranging from $1.04 to $1.41. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow Upland Software.

Upland Software (NASDAQ:UPLD) last released its quarterly earnings data on Thursday, November 9th. The software maker reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $26.07 million for the quarter, compared to the consensus estimate of $25.33 million. Upland Software had a negative return on equity of 13.22% and a negative net margin of 18.89%. The company’s quarterly revenue was up 35.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.11 earnings per share.

A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Upland Software from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 20th. BidaskClub upgraded shares of Upland Software from a “sell” rating to a “hold” rating in a research note on Thursday, December 7th. Finally, ValuEngine cut shares of Upland Software from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Upland Software presently has an average rating of “Buy” and a consensus price target of $26.40.

In related news, CFO Michael Douglass Hill sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $24.31, for a total value of $486,200.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Systems Corp Wave sold 44,903 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $22.06, for a total transaction of $990,560.18. The disclosure for this sale can be found here. Insiders sold 165,099 shares of company stock valued at $3,635,912 in the last quarter. 30.20% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the stock. Highbridge Capital Management LLC raised its position in Upland Software by 158.2% in the 3rd quarter. Highbridge Capital Management LLC now owns 23,793 shares of the software maker’s stock worth $504,000 after purchasing an additional 14,579 shares during the last quarter. Lyon Street Capital LLC raised its position 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 last quarter. Allianz Asset Management GmbH raised its position in Upland Software by 13.0% in the 3rd quarter. Allianz Asset Management GmbH now owns 131,235 shares of the software maker’s stock worth $2,777,000 after purchasing an additional 15,051 shares during the last quarter. Mackenzie Financial Corp bought a new position in Upland Software in the 3rd quarter worth approximately $580,000. Finally, Wells Fargo & Company MN raised its position in Upland Software by 3,082.4% in the 3rd quarter. Wells Fargo & Company MN now owns 63,648 shares of the software maker’s stock worth $1,347,000 after purchasing an additional 61,648 shares during the last quarter. Hedge funds and other institutional investors own 30.10% of the company’s stock.

Shares of Upland Software (UPLD) opened at $21.79 on Wednesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.28 and a quick ratio of 1.28. Upland Software has a 1-year low of $8.19 and a 1-year high of $25.56.

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

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