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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).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportULTIMATE 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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