The Ultimate Software Group, Inc. provides cloud-based human capital management solutions primarily to enterprise companies in the United States and Canada. The company's UltiPro software solution delivers the functionality businesses to manage the employee life cycle from recruitment to retirement. Its UltiPro solution includes unified feature sets for talent acquisition and onboarding, human resources (HR) management and compliance, benefits management and online enrollment, payroll, performance management, employee engagement surveying, compensation management with salary planning, budgeting, incentive award planning, succession management, learning management, reporting and analytical decision-making and predictive tools, and time capture, scheduling, attendance tracking, and absence accruals; and has role-based features for HR professionals, executives, managers, administrators, and employees. The company's UltiPro software solution is delivered through software-as-a-service. It also provides professional services, and customer support and product maintenance services. The company serves customers in various industries, including manufacturing, food services, sports, technology, finance, insurance, retail, real estate, transportation, communications, healthcare, and other services. The Ultimate Software Group, Inc. was founded in 1990 and is headquartered in Weston, Florida.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryApplication Software
SectorComputer and Technology
Current SymbolNASDAQ:ULTI
Previous Symbol
CUSIP90385D10
Phone954-331-7000
Debt
Debt-to-Equity Ratio0.01
Current Ratio1.04
Quick Ratio1.04
Price-To-Earnings
Trailing P/E Ratio308.88
Forward P/E Ratio118.57
P/E Growth5.57
Sales & Book Value
Annual Sales$940.73 million
Price / Sales8.32
Cash Flow$1.9716 per share
Price / Cash Flow126.90
Book Value$17.34 per share
Price / Book14.43
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$14.05 million
Net Margins4.57%
Return on Equity8.17%
Return on Assets2.94%
Miscellaneous
Employees4,208
Outstanding Shares31,270,000
Market Cap$7.82 billion
OptionableOptionable
The Ultimate Software Group (NASDAQ:ULTI) Frequently Asked Questions
What is The Ultimate Software Group's stock symbol?
The Ultimate Software Group trades on the NASDAQ under the ticker symbol "ULTI."
How were The Ultimate Software Group's earnings last quarter?
The Ultimate Software Group, Inc. (NASDAQ:ULTI) released its quarterly earnings data on Tuesday, October, 30th. The technology company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.01. The technology company earned $287.83 million during the quarter, compared to the consensus estimate of $287.22 million. The Ultimate Software Group had a net margin of 4.57% and a return on equity of 8.17%. The firm's revenue was up 21.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.05 earnings per share. View The Ultimate Software Group's Earnings History.
When is The Ultimate Software Group's next earnings date?
What guidance has The Ultimate Software Group issued on next quarter's earnings?
The Ultimate Software Group issued an update on its FY 2018 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.138-1.138 billion, compared to the consensus revenue estimate of $1.14 billion.The Ultimate Software Group also updated its Q4 2018 guidance to EPS.
What price target have analysts set for ULTI?
19 analysts have issued 1-year price objectives for The Ultimate Software Group's stock. Their predictions range from $232.00 to $370.00. On average, they expect The Ultimate Software Group's share price to reach $298.60 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for The Ultimate Software Group.
What is the consensus analysts' recommendation for The Ultimate Software Group?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Ultimate Software Group in the last year. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for The Ultimate Software Group.
What are Wall Street analysts saying about The Ultimate Software Group stock?
Here are some recent quotes from research analysts about The Ultimate Software Group stock:
- 1. According to Zacks Investment Research, "Ultimate Software reported stellar second-quarter results. The top line benefited from new strategic customer wins. However, intensifying competition in the HCM market, continuing investments, and higher operating expenses are major concerns. This apart, the ongoing trend to invest more in cloud solutions exposes Ultimate Software to the risk of losing existing enterprise customers, which can adversely impact its top-line performance, especially in the near term. Nonetheless, the company is benefiting from the robust adoption of its HCM solutions. Its cloud-based business model and expanding product portfolio are key catalysts. Top-line growth is expected to be bolstered by the portfolio strength. Additionally, new customer wins as well as impressive retention rates bode well." (8/3/2018)
- 2. Mizuho analysts commented, "We met with Ultimate’s senior management and walked away more comfortable with its n-t business prospects. Management remains focused on executing on its current plan while enhancing its product portfolio to drive ASPs higher. On the competitive front, the environment remains unchanged with Ultimate continuing to acquire most of its customers from ADP, Paychex, and Ceridian." (12/14/2017)
Has The Ultimate Software Group been receiving favorable news coverage?
Media coverage about ULTI stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. The Ultimate Software Group earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term.
Who are some of The Ultimate Software Group's key competitors?
Some companies that are related to The Ultimate Software Group include Dassault Systemes (DASTY), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), Symantec (SYMC), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS) and Temenos (TMNSF).
Who are The Ultimate Software Group's key executives?
The Ultimate Software Group's management team includes the folowing people:
- Mr. Scott Scherr, Founder, Chairman, CEO & Pres (Age 66)
- Mr. Adam Rogers, Sr. VP & CTO (Age 43)
- Mr. Mitchell K. Dauerman CPA, Exec. VP of Investor Relations (Age 61)
- Mr. John Chris Phenicie, Sr. VP & Chief Mid-Market Sales Officer (Age 46)
- Ms. Felicia Alvaro, Exec. VP, CFO & Treasurer (Age 57)
Who are The Ultimate Software Group's major shareholders?
The Ultimate Software Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (12.63%), Janus Henderson Group PLC (9.61%), BlackRock Inc. (8.93%), Vanguard Group Inc. (8.53%), Wells Fargo & Company MN (2.39%) and Riverbridge Partners LLC (1.80%). Company insiders that own The Ultimate Software Group stock include Adam Rogers, Alois T Leiter, Felicia Alvaro, Gregory Swick, James A Fitzpatrick Jr, John C Phenicie, Leroy Vander Putten, Marc D Scherr, Mitchell K Dauerman, Rick Wilber, Robert Manne, Robert Yanover and Scott Scherr. View Institutional Ownership Trends for The Ultimate Software Group.
Which major investors are selling The Ultimate Software Group stock?
ULTI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Eagle Asset Management Inc., AXA, Carillon Tower Advisers Inc., William Blair Investment Management LLC, First Trust Advisors LP, Wasatch Advisors Inc. and Pictet Asset Management Ltd.. Company insiders that have sold The Ultimate Software Group company stock in the last year include Felicia Alvaro, Gregory Swick, James A Fitzpatrick Jr, John C Phenicie, Marc D Scherr, Mitchell K Dauerman, Rick Wilber, Robert Manne and Scott Scherr. View Insider Buying and Selling for The Ultimate Software Group.
Which major investors are buying The Ultimate Software Group stock?
ULTI stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Rehmann Capital Advisory Group, Vanguard Group Inc., Columbus Circle Investors, Morgan Stanley, FMR LLC, AO Asset Management LP and Neuberger Berman Group LLC. View Insider Buying and Selling for The Ultimate Software Group.
How do I buy shares of The Ultimate Software Group?
Shares of ULTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is The Ultimate Software Group's stock price today?
One share of ULTI stock can currently be purchased for approximately $250.19.
How big of a company is The Ultimate Software Group?
The Ultimate Software Group has a market capitalization of $7.82 billion and generates $940.73 million in revenue each year. The technology company earns $14.05 million in net income (profit) each year or $0.81 on an earnings per share basis. The Ultimate Software Group employs 4,208 workers across the globe.
What is The Ultimate Software Group's official website?
How can I contact The Ultimate Software Group?
The Ultimate Software Group's mailing address is 2000 Ultimate Way, Weston FL, 33326. The technology company can be reached via phone at 954-331-7000 or via email at [email protected]
MarketBeat Community Rating for The Ultimate Software Group (NASDAQ ULTI)
MarketBeat's community ratings are surveys of what our community members think about The Ultimate Software Group and other stocks. Vote "Outperform" if you believe ULTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ULTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
