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ULTI

Ultimate Software

$244.01

-4.76 (-1.91%)

15:51
04/20/18
04/20
15:51
04/20/18
15:51

Ultimate Software announces SMS Equipment to use its reporting product

Ultimate Software announced that SMS Equipment, a one-stop supplier of a broad range of equipment, production attachments, as well as parts and service, is using UltiPro's reporting functionality to transform the roles and responsibilities of the Payroll department. With locations across Canada, SMS Equipment, the largest dealer of Komatsu equipment in North America, serves customers in various industries including construction, forestry, mining, and road & mineral. Prior to UltiPro, the company was experiencing poor access to payroll data and analytics, and a lack of direct control over its payroll process. In addition, the company's HR system relied heavily on spreadsheets, and there was no consistent process for HCM across the company's 40 locations. SMS Equipment chose UltiPro to serve its needs as a growing company with over 2,000 employees, and went live in November 2013.

  • 01

    May

  • 12

    Jun

ULTI Ultimate Software
$244.01

-4.76 (-1.91%)

03/23/18
STFL
03/23/18
DOWNGRADE
Target $100
STFL
Hold
Paycom downgraded to Hold from Buy at Stifel
Stifel analyst Brad Reback downgraded shares of Paycom (PAYC) to Hold from Buy, telling investors in a research note that he does not expect shares to outperform over the next twelve months, despite viewing Paycom as a leading mid-market human capital management, or HCM, provider and believes shares "deserve" to trade at some premium to Ultimate Software (ULTI) and Paylocity (PCTY) given modestly-higher growth and significantly-higher operating margin. Overall, Reback believes Paycom has "limited" penetration of a large market opportunity that, coupled with other drivers like further penetrating existing territories, new sales offices and improving sales productivity, should enable healthy double-digit top- line growth and strong profitability in coming years. Reback raised his price target to $100 from $90.
03/14/18
03/14/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Sunoco (SUN) downgraded to Sell from Neutral at Goldman Sachs with analyst Jerren Holder saying he sees downside risk to consensus estimates serving as a headwind for the shares. 2. Inovalon (INOV) downgraded to Underweight from Equal Weight at Morgan Stanley analyst Ricky Goldwasser saying he believes a contract loss since September, ACA headwinds and the departure of the company's CFO could mean that a rebound may take longer than he expected with core growth slowing. 3. Commercial Metals (CMC) downgraded to Neutral from Buy at BofA/Merrill with analyst Timna Tanners thinks rising rebar margins are reflected in valuation and trimmed his multiple to reflect near-term "normal" steel prices. 4. Ultimate Software (ULTI) downgraded to Neutral from Outperform at Wedbush with analyst Steve Koenig saying the shares are appropriately benefiting from strong execution in a healthy demand environment, supported by the company's product and market leadership in North American payroll and mid-market HCM. 5. Cleveland-Cliffs (CLF) downgraded to Sell from Hold at Vertical Group. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/14/18
03/14/18
DOWNGRADE
Target $255

Neutral
Ultimate Software downgraded to Neutral at Wedbush
As previously reported, Wedbush analyst Steve Koenig downgraded Ultimate Software to Neutral from Outperform, while raising his price target on the stock to $255 from $234. The analyst says the shares are appropriately benefiting from strong execution in a healthy demand environment, supported by the company's product and market leadership in North American payroll and mid-market HCM. However, Ultimate Software's investments in product and operations are growing, and are likely to keep free cash flow margin from expanding beyond the current level in the near-term.
03/14/18
WEDB
03/14/18
DOWNGRADE
WEDB
Neutral
Ultimate Software downgraded to Neutral from Outperform at Wedbush

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AMZN

Amazon.com

$1,947.74

21.47 (1.11%)

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ACAD

Acadia

$18.47

3.36 (22.24%)

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LUV

Southwest

$62.95

-0.16 (-0.25%)

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ARRY

Array BioPharma

$14.75

-0.015 (-0.10%)

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AMZN

Amazon.com

$1,948.94

22.67 (1.18%)

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$NSD

NASDAQ Market Internals

$0.00

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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
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NYSE market internals summary »

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AMZN

Amazon.com

$1,949.08

22.81 (1.18%)

14:15
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Periodicals
Amazon unveils Fire TV Recast »

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GE

General Electric

$12.44

-0.42 (-3.27%)

, EXC

Exelon

$43.32

0.09 (0.21%)

14:13
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Exelon Generation COO confirms GE blade issue in Bloomberg interview »

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GE

General Electric

$12.44

-0.42 (-3.27%)

EXC

Exelon

$43.32

0.09 (0.21%)

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AMZN

Amazon.com

$1,947.47

21.2 (1.10%)

14:11
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Amazon's new Echo Show has Hulu, Meal Kits capabilities »

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  • 26

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LYV

Live Nation

$52.28

-0.41 (-0.78%)

14:10
09/20/18
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14:10
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Options
Call buyers in LiveNation as shares rally off session lows »

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AMZN

Amazon.com

$1,945.80

19.53 (1.01%)

14:05
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Amazon highlights new Alexa Presentation software »

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  • 26

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NTES

NetEase

$216.27

11.57 (5.65%)

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NetEase call volume above normal and directionally bullish »

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AMZN

Amazon.com

$1,944.93

18.66 (0.97%)

, DLB

Dolby

$68.99

0.5 (0.73%)

14:01
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Amazon unveils all-new Echo Show with complete redesign »

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AMZN

Amazon.com

$1,944.93

18.66 (0.97%)

DLB

Dolby

$68.99

0.5 (0.73%)

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  • 26

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FB

Facebook

$165.20

2.14 (1.31%)

, TWTR

Twitter

$29.80

0.27 (0.91%)

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Facebook, Twitter, Alphabet to leave technology sector of S&P 500, WSJ says »

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FB

Facebook

$165.20

2.14 (1.31%)

TWTR

Twitter

$29.80

0.27 (0.91%)

GOOG

Alphabet

$1,185.00

14.03 (1.20%)

GOOGL

Alphabet Class A

$1,189.17

14.51 (1.24%)

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  • 03

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ACAD

Acadia

$18.77

3.66 (24.22%)

13:59
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Acadia analyst commentary  »

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  • 01

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GLW

Corning

$36.24

0.98 (2.78%)

13:57
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Corning analyst commentary  »

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SYK

Stryker

$173.03

-0.56 (-0.32%)

13:57
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  • 09

    Oct

AMZN

Amazon.com

$1,946.29

20.02 (1.04%)

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  • 26

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FB

Facebook

$165.29

2.23 (1.37%)

, TWTR

Twitter

$29.81

0.28 (0.95%)

13:56
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Periodicals
Facebook, Twitter, Alphabet to leave technology sector of S&P 500 »

Investors are in for a…

FB

Facebook

$165.29

2.23 (1.37%)

TWTR

Twitter

$29.81

0.28 (0.95%)

GOOG

Alphabet

$1,186.13

15.16 (1.29%)

GOOGL

Alphabet Class A

$1,189.54

14.88 (1.27%)

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  • 03

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TRCO

Tribune Media

$37.90

-0.07 (-0.18%)

, NXST

Nexstar

$81.35

1.1 (1.37%)

13:55
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Periodicals
Tribune Media sales talks moving quickly, Dealreporter says »

Tribune Media's…

TRCO

Tribune Media

$37.90

-0.07 (-0.18%)

NXST

Nexstar

$81.35

1.1 (1.37%)

TGNA

Tegna

$12.02

0.09 (0.75%)

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  • 08

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