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Upland Software (UPLD) Flat As Market Sinks: What You Should Know
Upland SoftwareUpland Software(US:UPLD) ZACKSยท2024-06-14 22:50

Company Performance - Upland Software's shares experienced a loss of 7.72% over the previous month, underperforming compared to the Computer and Technology sector's loss of 2.27% and the S&P 500's gain of 4.15% [1] - The stock closed at $2.63, unchanged from the previous trading session, outperforming the S&P 500's daily loss of 0.04% [4] - The full-year Zacks Consensus Estimates project earnings of $0.65 per share and revenue of $274.61 million, reflecting year-over-year declines of -32.99% and -7.8%, respectively [5] Analyst Estimates - Recent changes to analyst estimates for Upland Software indicate evolving short-term business trends, with positive revisions seen as a favorable sign for the company's outlook [2] - The Zacks Rank for Upland Software is currently 2 (Buy), with no changes in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - Upland Software has a Forward P/E ratio of 4.07, significantly lower than its industry's Forward P/E of 30.07, indicating a valuation discount [3] Earnings Report Expectations - Upland Software is expected to report earnings of $0.15 per share in the upcoming earnings report, representing a year-over-year decline of 31.82%, with revenue projected at $67.91 million, an 8.85% drop compared to the same quarter last year [8] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 77, placing it in the top 31% of over 250 industries [10]