Upland Software (UPLD - Free Report) is a Zacks Rank #1 (Strong Buy) and has the type of style scores that I love to see. As the aggressive growth stock strategist at Zacks Investment Research, I like to see a weak value score and a strong growth score. That tells that I am in the right spot, and UPLD has just that, an F for Value and a B for Growth.
Upland Software Inc. is a provider of cloud-based Enterprise Work Management software that helps organizations to plan, manage and execute projects and work. It provides services to teams in Information Technology (IT), marketing, finance, professional services and process excellences. The Company's services include Professional Services, Education and Training and Global Support. Upland Software, Inc. is headquartered in Austin, Texas.
UPLD has a solid history of beating the number. I see four straight beats with an average positive earnings surprise of 23% - most of that came from the Mach and Dec quarters where they posted back to back 42% surprises.
Estimate are ticking higher, with this year moving up from $1.50 to $1.55 and next year seeing a stronger move from $1.59 to $1.77 over the last 60 days.
The valuation here is pretty good with 20x forward earnings and 54% year over year topline growth. I see a big price to book of 7.7x but you will get that from software names. A price to sales of 5.6x is also big, but keep in mind there is big growth here.
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