(VIANEWS) – Upland Software Shares Plunge 14.67% in Positive Trading Session
Upland Software (NASDAQ: UPLD) experienced a sharp drop on Friday, falling by 14.67% to EUR3.84 at 21:36 EST – continuing a downward trend from the prior session.
Even with its current drop, however, the NASDAQ Index remains on an overall upward trajectory with a 1.26% gain to EUR13,691.61.
Upland Software recently reached a closing price of EUR4.50, an amount which represents a drastic 53.66% decrease from its 52-week high of EUR9.71.
About Upland Software
Upland Software, Inc. is an industry-leading provider of cloud-based enterprise work management software solutions serving clients around the world. Upland offers solutions for marketing, sales, contact center operations, project management, IT systems management, business operations as well as HR and legal matters under its own brand name. Upland Software also offers professional services that cover implementation, data extraction, integration and configuration as well as training as well as customer support. Upland Software serves a diverse clientele that spans large corporations, government agencies, and small- to mid-sized businesses across a range of sectors such as finance, consulting, technology manufacturing media telecommunication politics healthcare life sciences retail hospitality retailing. Headquartered in Austin Texas the company was previously known as Silverback Enterprise Group before changing to Upland Software in November 2013.
Yearly Analysis
Based on available data, Upland Software (UPLD) stock is currently trading at EUR3.84, well below its 52-week high of EUR9.71 but above its 52-week low of EUR2.43. This indicates that it may have hit bottom.
This year’s sales growth forecast for 2024 is negative 6.3% – meaning revenue should decrease significantly year over year. However, negative growth should moderate with negative 0.6% expected over 2025.
Upland Software currently boasts an EBITDA score of 59.75, which indicates it is profitable and generating positive cash flow from operations. Investors should take heart in this figure as it suggests Upland Software is financially sound and can generate profits from its business operations.
Upland Software stock is currently trading below its 52-week high but above its 52-week low. Although Upland’s sales growth was negative this year, this should slow next year and their EBITDA score indicates they are profitable and producing positive cash flow from operations. As always, investors should exercise caution and conduct further research prior to making investment decisions.
Technical Analysis
Upland Software stock has experienced a steady downward trend, as evidenced by its current price being below both its 50-day and 200-day moving averages. This suggests a gradual decrease both short and long term. Furthermore, its last reported volume (249,178) indicates lower than anticipated interest from investors.
The stock’s volatility has been relatively manageable, with intraday variation averages remaining within the range of 3.66% to 5.05% over the past week, month, and quarter. Such stability could be seen as evidence of market trust in its long-term prospects.
Upland Software stock has recently reached an oversold state according to its stochastic oscillator, with an indicative value of 20. This implies that its stock may be undervalued and could soon experience an upward price trend.
Upland Software stock is currently experiencing a downward trend and could be considered oversold, providing investors with an opportunity to buy the stock at what may be an undervalued and therefore underpriced level. Before making a decision however, it’s wise to conduct research into the company as well as take other factors into consideration before making your final choice.
Quarter Analysis
Upland Software’s current and projected sales growth projections are negative; with an expected 6.6% decrease this quarter and 8.1% in the following. Growth estimates for both quarters are estimated to be negative 62% and 48.6%, respectively; as well, year-on-year revenue growth has decreased 6.8% since 2017, currently reaching $304.48M across twelve months.
Based on this data, investors should exercise caution when considering an investment in Upland Software. Negative sales growth and revenue growth estimates along with negative growth estimates point towards potential issues that Upland may encounter when expanding its business operations in the near future. It should be noted, however, that this analysis relies solely on available information; additional research may be necessary in order to gain a fuller picture of Upland’s financial health and future prospects.
Equity Analysis
Upland Software’s current trailing twelve months EPS of EUR-5.93 indicates that it is not currently making profits for shareholders. Furthermore, its negative return on equity of -54.41% suggests it is using shareholder’s equity effectively to generate profits; these figures may cause concern to potential investors as it indicates Upland Software needs to improve profitability and return on equity in order to attract investments.
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