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
SymbolNASDAQ:ULTI
CUSIP90385D10
Phone954-331-7000
Debt
Debt-to-Equity Ratio0.01
Current Ratio1.08
Quick Ratio1.08
Price-To-Earnings
Trailing P/E Ratio360.56
Forward P/E Ratio129.80
P/E Growth5.97
Sales & Book Value
Annual Sales$940.73 million
Price / Sales9.50
Cash Flow$1.9708 per share
Price / Cash148.19
Book Value$17.34 per share
Price / Book16.84
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$14.05 million
Net Margins2.90%
Return on Equity6.24%
Return on Assets2.18%
Miscellaneous
Employees4,208
Outstanding Shares30,610,000
Market Cap$8,943.88
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) announced its quarterly earnings data on Tuesday, May, 1st. The technology company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.13 by $0.17. The technology company earned $277 million during the quarter, compared to analysts' expectations of $270.80 million. The Ultimate Software Group had a net margin of 2.90% and a return on equity of 6.24%. The business's quarterly revenue was up 21.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 EPS. View The Ultimate Software Group's Earnings History.
When is The Ultimate Software Group's next earnings date?
What price target have analysts set for ULTI?
18 brokers have issued 1 year target prices for The Ultimate Software Group's stock. Their predictions range from $210.00 to $310.00. On average, they expect The Ultimate Software Group's stock price to reach $254.8421 in the next year. This suggests that the stock has a possible downside of 12.7%. View Analyst Ratings for The Ultimate Software Group.
What is the consensus analysts' recommendation for The Ultimate Software Group?
18 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, 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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 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. Of late, the company is witnessing traction in mid-market and strategic market business, which is also a positive. Further, solid cash position is a tailwind. Shares have outperformed the industry on a year-to-date basis. The company has a positive record of earnings surprises in recent quarters. However, estimates have been stable lately ahead of the company’s Q2 earnings release. Stiff competition in the HCM market and higher operating expenses are other concerns." (7/3/2018)
- 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)
- 3. KeyCorp analysts commented, "We remain bullish on the multiyear opportunity but acknowledge results could be mixed during the transition." (8/16/2017)
Who are some of The Ultimate Software Group's key competitors?
Some companies that are related to The Ultimate Software Group include ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS), UBISOFT Entmt S/ADR (UBSFY), Symantec (SYMC) and SS&C Technologies (SSNC).
Who are The Ultimate Software Group's key executives?
The Ultimate Software Group's management team includes the folowing people:
- Mr. Scott Scherr, Chairman, Pres & CEO (Age 66)
- Mr. Marc D. Scherr, Vice Chairman & COO (Age 60)
- Mr. Mitchell K. Dauerman CPA, Exec. VP, CFO & Treasurer (Age 61)
- Mr. Adam Rogers, Sr. VP & CTO (Age 43)
- Mr. John Chris Phenicie, Sr. VP & Chief Mid-Market Sales Officer (Age 46)
Has The Ultimate Software Group been receiving favorable news coverage?
News articles about ULTI stock have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Ultimate Software Group earned a media sentiment score of 0.08 on Accern's scale. They also gave headlines about the technology company an impact score of 47.58 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are The Ultimate Software Group's major shareholders?
The Ultimate Software Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (1.90%), Fred Alger Management Inc. (0.39%), Chicago Capital LLC (0.30%), Peregrine Capital Management LLC (0.28%), Summit Creek Advisors LLC (0.19%) and Cobiz Wealth LLC (0.08%). 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 Riverbridge Partners LLC, Peregrine Capital Management LLC, Summit Creek Advisors LLC, Municipal Employees Retirement System of Michigan, Foundry Partners LLC and Fred Alger Management Inc.. Company insiders that have sold The Ultimate Software Group company stock in the last year include Alois T Leiter, 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 Chicago Capital LLC, Bank of Montreal Can, American Capital Management Inc., Atria Investments LLC, Conestoga Capital Advisors LLC, Juncture Wealth Strategies LLC, Amalgamated Bank and State of Alaska Department of Revenue. 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 $292.05.
How big of a company is The Ultimate Software Group?
The Ultimate Software Group has a market capitalization of $8.94 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.
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.
