The Ultimate Software Group (ULTI) Jumps: Stock Rises 5.6% - Tale of the Tape

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The Ultimate Software Group, Inc. (ULTI) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $126.21 to $143.76 in the past one-month time frame.

The company has seen six negative revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.

The Ultimate Software Group currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the computer software industry include Progress Software Corporation (PRGS), ACI Worldwide, Inc. (ACIW) and Callidus Software Inc. (CALD). While Progress Software sports a Zacks Rank #1 (Strong Buy), ACI Worldwide and Callidus Software have a Zacks Rank #2 (Buy).

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Click to get this free report

ULTIMATE SOFTWR (ULTI): Free Stock Analysis Report

CALLIDUS SOFTWR (CALD): Free Stock Analysis Report

ACI WORLDWIDE (ACIW): Free Stock Analysis Report

PROGRESS SOFTWA (PRGS): Free Stock Analysis Report

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