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 Ratio1.14
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio355.95
Forward P/E Ratio127.14
P/E Growth5.71
Sales & Book Value
Annual Sales$940.73 million
Price / Sales9.57
Cash Flow$2.0021 per share
Price / Cash144.15
Book Value$17.34 per share
Price / Book16.64
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$14.05 million
Net Margins3.60%
Return on Equity7.74%
Return on Assets2.68%
Miscellaneous
Employees4,208
Outstanding Shares31,200,000
Market Cap$8.87 billion
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, July, 31st. The technology company reported $1.32 EPS for the quarter, beating the Zacks' consensus estimate of $1.28 by $0.04. The technology company earned $271.16 million during the quarter, compared to analysts' expectations of $268.84 million. The Ultimate Software Group had a return on equity of 7.74% and a net margin of 3.60%. 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 brokerages have issued 12 month price objectives for The Ultimate Software Group's stock. Their forecasts range from $232.00 to $340.00. On average, they expect The Ultimate Software Group's share price to reach $285.70 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets 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, 5 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)
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), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS), Mobileye (MBBYF), Synopsys (SNPS), SS&C Technologies (SSNC), Cadence Design Systems (CDNS) and Dropbox (DBX).
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. Marc D. Scherr, Vice Chairman & COO (Age 60)
- Mr. Adam Rogers, Sr. VP & CTO (Age 43)
- Mr. John Chris Phenicie, Sr. VP & Chief Mid-Market Sales Officer (Age 46)
- Mr. Mitchell K. Dauerman CPA, Exec. Officer (Age 61)
Has The Ultimate Software Group been receiving favorable news coverage?
News headlines about ULTI stock have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 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 closest to one being the most favorable. The Ultimate Software Group earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned headlines about the technology company an impact score of 45.69 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for The Ultimate Software Group.
Who are The Ultimate Software Group's major shareholders?
The Ultimate Software Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (12.42%), Janus Henderson Group PLC (10.34%), BlackRock Inc. (8.33%), Wells Fargo & Company MN (2.52%), Wasatch Advisors Inc. (1.93%) and Riverbridge Partners LLC (1.90%). 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 institutional investors are selling The Ultimate Software Group stock?
ULTI stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Eagle Asset Management Inc., Victory Capital Management Inc., Carillon Tower Advisers Inc., Riverbridge Partners LLC, Sumitomo Mitsui Asset Management Company LTD, Baird Financial Group Inc. and TD Asset 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 institutional investors are buying The Ultimate Software Group stock?
ULTI stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., First Trust Advisors LP, Renaissance Technologies LLC, Janus Henderson Group PLC, Marshall Wace LLP, Summit Global Investments and Chicago Capital 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 $288.60.
How big of a company is The Ultimate Software Group?
The Ultimate Software Group has a market capitalization of $8.87 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.
