Upland Software (UPLD) Scheduled to Post Quarterly Earnings on Thursday

Upland Software (NASDAQ:UPLD) is scheduled to be releasing its earnings data after the market closes on Thursday, November 7th. Analysts expect Upland Software to post earnings of $0.22 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Upland Software Stock Performance

NASDAQ:UPLD traded up $0.01 during midday trading on Tuesday, hitting $2.21. The company’s stock had a trading volume of 9,810 shares, compared to its average volume of 308,541. Upland Software has a fifty-two week low of $1.79 and a fifty-two week high of $5.28. The firm’s 50 day moving average is $2.34 and its 200-day moving average is $2.43. The company has a debt-to-equity ratio of 72.71, a current ratio of 2.37 and a quick ratio of 2.37. The firm has a market cap of $60.27 million, a P/E ratio of -0.47 and a beta of 1.14.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UPLD. Roth Capital upgraded shares of Upland Software from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, August 7th. Needham & Company LLC reiterated a “hold” rating on shares of Upland Software in a report on Friday, August 2nd. Finally, StockNews.com upgraded shares of Upland Software from a “hold” rating to a “buy” rating in a report on Thursday, September 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Upland Software presently has an average rating of “Moderate Buy” and a consensus price target of $3.75.

Insider Transactions at Upland Software

In other news, CEO John T. Mcdonald acquired 33,635 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were acquired at an average price of $1.98 per share, with a total value of $66,597.30. Following the purchase, the chief executive officer now directly owns 297,373 shares of the company’s stock, valued at $588,798.54. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.30% of the company’s stock.

About Upland Software

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.