Upland Software (UPLD) to Release Quarterly Earnings on Thursday

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

Upland Software Stock Performance

Shares of NASDAQ UPLD opened at $2.26 on Wednesday. The firm’s 50-day moving average price is $2.34 and its 200-day moving average price is $2.43. Upland Software has a 52-week low of $1.79 and a 52-week high of $5.28. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 72.71.

Insider Activity

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

Wall Street Analysts Forecast Growth

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

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.