|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||331.26 - 331.41|
|52 Week Range||219.97 - 365.86|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||183.78|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||324.65|
Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced today that the company’s Board of Directors has promoted Adam Rogers to serve as co-CEO alongside Scott Scherr. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. “Adam has been my trusted partner in leading Ultimate and developing our product and technology strategies for more than twenty years.
Sandell Asset Management is an alternative asset manager with a specialty in credit opportunities, global corporate merger arbitrage, and equity special situations. It was founded in 1998 by a renowned Swedish investor and billionaire, Tom Sandell. It provides offices in New York City and London. Tom Sandell cut his teeth at Bear Stearns, where he […]
Ultimate Software (“Ultimate”), a leading global provider of human capital management (HCM) and employee experience solutions in the cloud, today announced the successful completion of the acquisition of Ultimate by an investor group led by Hellman & Friedman (“H&F”), a leading private equity investment firm.
NEW YORK , May 1, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent EastGroup Properties Inc. (NYSE: EGP) will replace The Ultimate Software Group Inc. (NASD: ULTI) in the S&P MidCap 400, and GMS Inc. ...
Ultimate Software (ULTI), a leading global provider of human capital management (HCM) solutions in the cloud, announced today that Ultimate ranks #3 on the Best Workplaces in Canada 2019 list by Great Place to Work. The list is based on employee feedback and in-depth reviews of workplace cultures at hundreds of organizations across Canada, representing diverse sizes and industries. “We are so proud of our Canadian employees for earning this award and honoured to be recognized again as one of the Best Workplaces in the country,” said Vivian Maza, chief people officer at Ultimate.
Ultimate Software (ULTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ultimate Software (ULTI), a leading global provider of human capital management (HCM) solutions in the cloud, announced today that 4,200 HR and business professionals, partners, and industry analysts from around the globe attended this year’s Connections, Ultimate’s annual customer and partner conference, held April 2-4 at the Wynn Las Vegas and Encore Resort. This year’s Connections theme was “Dream,” and the three-day conference offered nearly 90 breakout sessions and workshops that emphasized the power of dreaming big: imagining the best practices for an optimal employee experience, committing to big goals, and taking bold action. Candidate Match: a new feature within UltiPro Recruiting that leverages Ultimate's “People First” AI engine, Xander® to intelligently generate a list of recommended applicants for a specific opportunity, while removing the impact of unconscious bias from the process of reviewing applications.
Is The Ultimate Software Group, Inc. (NASDAQ:ULTI) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably but historically their […]
Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against The Ultimate Software Group, Inc. (“Ultimate Software” or the “Company”) (ULTI) in connection with the proposed sale of Ultimate Software to Hellman & Friedman. If you are an Ultimate Software shareholder and would like to discuss your legal rights and options, please visit Ultimate Software (ULTI) Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or email@example.com or firstname.lastname@example.org. The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Ultimate Software shareholders vote in favor of the proposed transaction.
The financial services industry is experiencing merger and acquisition activity at unprecedented rates, as new fintech companies disrupt from below and legacy players react to stay relevant.
NEW YORK, NY / ACCESSWIRE / April 6, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Ultimate Software group, Inc. New York, April 05, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ultimate Software group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (email@example.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-ulti/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
NEW YORK, April 3, 2019 /PRNewswire/ -- Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:19-cv-00505-CFC, on behalf of shareholders of The Ultimate Software Group, Inc. ("Ultimate Software" or the "Company") (ULTI) who have been harmed by Ultimate Software's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with an investor group led by Hellman & Friedman ("H&F").
NEW YORK, March 28, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Moody's Investors Service (Moody's) assigned to The Ultimate Software Group, Inc. (Ultimate) a B3 Corporate Family Rating (CFR), B3-PD Probability of Default Rating, and B2 ratings to the company's proposed first lien credit facilities comprising a $275 million revolving credit facility and $2.3 billion of term loans. The B3 rating reflects Ultimate's very high financial risk profile, including very high initial financial leverage of around 9x (including change in deferred revenues and Moody's standard analytical adjustments), modestly positive free cash flow over the next 12 to 18 months and adequate liquidity. Notwithstanding these credit strengths, Ultimate's high debt burden will limit its financial flexibility, especially relative to its key competitors and amid large growth opportunities in an evolving market.
The Ultimate Software Group Inc. is moving forward with an $11 billion deal to be acquired by an investor group after the expiration of a 50-day "go-shop" period. During that time, the Weston-based human resources software company (Nasdaq: ULTI) could consider alternative acquisition offers. The company received no official alternative offers to counter the Feb. 3 proposal led by Hellman & Friedman with partners Blackstone (NYSE: BX), GIC, and Canada Pension Plan Investment Board (CPPIB) and JMI Equity.
The Ultimate Software Group, Inc. (ULTI) (“Ultimate”), a leading global provider of human capital management (HCM) solutions in the cloud, today announced the expiration, as of 11:59 p.m. Eastern Time, on March 25, 2019, of the 50-day “go-shop” period under the previously announced Agreement and Plan of Merger, dated as of February 3, 2019, which provides for Ultimate to be acquired by an investor group led by Hellman & Friedman (“H&F”) in an all-cash transaction for $331.50 per share. At the direction of Ultimate’s board of directors, during the go-shop period, Ultimate and its financial advisor solicited and responded to inquiries relating to the proposed merger and alternative acquisition proposals from 22 parties.
Ultimate Software (ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that ALCAL Industries, Central and Northern California’s largest independent electrical distributor, is using UltiPro to drive an equitable salary-planning process. ALCAL Industries is the parent company of Alameda Electrical Distributors and California Service Tool. Prior to UltiPro, the company developed a compensation plan with bands and ranges for managers to apply to their employees, tied to specific employee ratings.
WILMINGTON, Del., March 08, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of The Ultimate Software Group, Inc. (NASDAQ GS: ULTI)? Did you purchase any of your shares.
Ultimate Software (ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that its advanced employee survey and sentiment analysis solution, UltiPro Perception, has earned two Excellence in Technology 2018 awards from Brandon Hall Group. In the Workforce Management category, UltiPro Perception received a Gold Award for Best Advance in Assessment and Survey Technology, as well as a Silver Award for Best Advance in HR Predictive Analytics Technology.
Ultimate Software (ULTI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, March 06, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
NEW YORK , March 5, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...