Upland Software, Inc. (NASDAQ:UPLD) Receives Consensus Rating of “Moderate Buy” from Analysts

Upland Software, Inc. (NASDAQ:UPLD) has been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $3.75.

A number of brokerages have commented on UPLD. StockNews.com lowered shares of Upland Software from a “buy” rating to a “hold” rating in a research note on Tuesday. Needham & Company LLC reiterated a “hold” rating on shares of Upland Software in a research note on Friday, November 8th.

Upland Software Stock Up 1.0 %

Shares of UPLD stock traded up $0.03 during mid-day trading on Tuesday, hitting $3.10. 646,901 shares of the stock traded hands, compared to its average volume of 210,293. The stock has a market cap of $85.07 million, a P/E ratio of -0.69 and a beta of 1.28. Upland Software has a 52-week low of $1.79 and a 52-week high of $5.64. The company has a debt-to-equity ratio of 324.05, a current ratio of 0.99 and a quick ratio of 0.99. The stock’s fifty day moving average is $4.16 and its two-hundred day moving average is $3.33.

Hedge Funds Weigh In On Upland Software

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Legato Capital Management LLC acquired a new stake in shares of Upland Software in the fourth quarter worth approximately $44,000. First Heartland Consultants Inc. acquired a new stake in Upland Software during the 3rd quarter worth $30,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Upland Software during the third quarter worth $31,000. WESPAC Advisors LLC acquired a new stake in shares of Upland Software in the fourth quarter valued at about $55,000. Finally, Essential Planning LLC. acquired a new stake in shares of Upland Software in the fourth quarter valued at about $56,000. 77.78% of the stock is owned by hedge funds and other institutional investors.

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.