Ultimate Software Group (ULTI) Hits New Lifetime High
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Ultimate Software Group as such a stock due to the following factors:
- ULTI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $75.1 million.
- ULTI has traded 1,922 shares today.
- ULTI is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in ULTI with the Ticky from Trade-Ideas. See the FREE profile for ULTI NOW at Trade-Ideas
More details on ULTI:
The Ultimate Software Group, Inc. provides cloud-based human capital management solutions primarily to enterprise companies in the United States. Its UltiPro software solution delivers the functionality businesses to manage the employee life cycle from recruitment to retirement. ULTI has a PE ratio of 239. Currently there are 10 analysts that rate Ultimate Software Group a buy, no analysts rate it a sell, and 4 rate it a hold.
The average volume for Ultimate Software Group has been 264,600 shares per day over the past 30 days. Ultimate Software Group has a market cap of $5.9 billion and is part of the technology sector and internet industry. The stock has a beta of 1.03 and a short float of 7.7% with 6.23 days to cover. Shares are up 38.9% year-to-date as of the close of trading on Thursday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates Ultimate Software Group as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- The revenue growth greatly exceeded the industry average of 17.3%. Since the same quarter one year prior, revenues rose by 21.9%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has increased to $31.89 million or 38.17% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -10.51%.
- The gross profit margin for ULTIMATE SOFTWARE GROUP INC is rather high; currently it is at 64.77%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, ULTI's net profit margin of 3.76% significantly trails the industry average.
- Compared to its closing price of one year ago, ULTI's share price has jumped by 35.84%, exceeding the performance of the broader market during that same time frame. We feel that the stock's sharp appreciation over the last year has driven it to a price level which is now somewhat expensive compared to the rest of its industry. The other strengths this company shows, however, justify the higher price levels.
- ULTIMATE SOFTWARE GROUP INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, ULTIMATE SOFTWARE GROUP INC increased its bottom line by earning $1.52 versus $0.89 in the prior year. This year, the market expects an improvement in earnings ($2.56 versus $1.52).
- You can view the full Ultimate Software Group Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.