ULTI - The Ultimate Software Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
333.00
+0.95 (+0.29%)
At close: 4:00PM EST
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Previous Close332.05
Open332.44
Bid333.00 x 1100
Ask334.00 x 900
Day's Range332.06 - 333.00
52 Week Range219.97 - 365.86
Volume342,419
Avg. Volume476,748
Market Cap10.432B
Beta (3Y Monthly)1.21
PE Ratio (TTM)161.65
EPS (TTM)2.06
Earnings DateApr 29, 2019 - May 3, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est328.38
Trade prices are not sourced from all markets
  • Buyout firms abandon debt-laden ways for pricey deals
    Reuters22 hours ago

    Buyout firms abandon debt-laden ways for pricey deals

    U.S. human resources applications provider Ultimate Software Group Inc, U.S. mortgage software vendor Ellie Mae Inc and German online listings company Scout24 AG are among the companies that private equity firms agreed to buy this month using mostly cash from their own investment funds, known as equity, and relatively little debt, people familiar with the transactions said. The deals show how private equity firms are expanding beyond the traditional leveraged buyout (LBO) model, which has driven most of their deals for the past 40 years, as they look to deploy the record $1.2 trillion they have raised from their investors. In a typical LBO, private equity firms juice up returns by loading up their acquisitions with debt, which is often provided by banks.

  • GlobeNewswire2 days ago

    MERGER ALERT – NUBK, ULTI and ELLI: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Feb. 21, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • GuruFocus.com4 days ago

    Weekly CFO Sells Highlight

    recent sells from company CFOs

  • ULTIMATE SOFTWARE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Ultimate Software Group, Inc. - ULTI
    PR Newswire7 days ago

    ULTIMATE SOFTWARE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of The Ultimate Software Group, Inc. - ULTI

    NEW ORLEANS , Feb. 15, 2019 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...

  • Business Wire8 days ago

    Ultimate Software Ranked #8 on Fortune’s 100 Best Companies to Work For 2019 List

    Ultimate Software (ULTI), a leading provider of human capital management (HCM) solutions in the cloud, announced today that Fortune and Great Place to Work have ranked Ultimate #8 on their 2019 list of the 100 Best Companies to Work For. This marks Ultimate’s third consecutive year to rank in the top 10 on the nationwide list, honoring our commitment to providing an employee-centric workplace culture that respects, values, and cares for all individuals.

  • PR Newswire9 days ago

    Lifshitz & Miller LLP Announces Investigation of Civitas Solutions, Inc., Ellie Mae, Inc., HopFed Bancorp Inc., MedEquities Realty Trust, Inc., TCF Financial Corporation, The Ultimate Software Group, Inc., UQM Technologies, Inc., and Versum Materials, Inc.

    NEW YORK , Feb. 14, 2019 /PRNewswire/ -- Civitas Solutions, Inc. (CIVI) Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Civitas ...

  • GuruFocus.com10 days ago

    The Ultimate Software Group Inc (ULTI) Chairman, President and CEO Scott Scherr Sold $23. ...

    Chairman, President and CEO of The Ultimate Software Group Inc (NASDAQ:ULTI) Scott Scherr sold 70,809 shares of ULTI on 02/11/2019 at an average price of $331.68 a share.

  • GlobeNewswire11 days ago

    MERGER ALERT – MXWL, ULTI and VSM: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Feb. 12, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates The Ultimate Software Group, Inc.
    PR Newswire15 days ago

    SHAREHOLDER ALERT: WeissLaw LLP Investigates The Ultimate Software Group, Inc.

    NEW YORK , Feb. 8, 2019 /PRNewswire/ --  WeissLaw LLP   is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of The Ultimate Software Group, Inc. ("ULTI" ...

  • CNBC15 days ago

    Nielsen could be the next big leveraged buyout, sources say

    The market research firm has been quietly exploring a take-private, sources tell CNBC.

  • GlobeNewswire16 days ago

    MERGER ALERT – MXWL and ULTI: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Feb. 07, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • Business Wire17 days ago

    THE ULTIMATE SOFTWARE GROUP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

    Do you own shares of The Ultimate Software Group, Inc. (NASDAQ GS: ULTI)? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of The Ultimate Software Group, Inc. (“Ultimate Software” or the “Company”) (NASDAQ GS: ULTI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by an investor group led by Hellman & Friedman (“H&F”), a leading private equity investment firm, in a transaction valued at approximately $11 billion. Under the terms of the agreement, shareholders of Ultimate Software will receive $331.50 in cash for each share of Ultimate Software common stock.

  • Motley Fool17 days ago

    Ultimate Software Going Private in $11 Billion Buyout

    The private-equity firm Hellman & Friedman is leading a group that will pay a 20% premium for the software-as-a-service company.

  • Motley Fool17 days ago

    When Private Equity Moves the Chains

    Two of the biggest plays on Wall Street Monday were made by hedge funds.

  • ACCESSWIRE17 days ago

    SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation into the Fairness of the Sale of The Ultimate Software Group, Inc. – ULTI

    BALA CYNWYD, PA / ACCESSWIRE / February 5, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of The Ultimate Software Group, Inc. ...

  • Ultimate Software Goes Out With a Big Boom
    Motley Fool17 days ago

    Ultimate Software Goes Out With a Big Boom

    The human-resources specialist is going private after strong financial results in 2018.

  • GlobeNewswire18 days ago

    MERGER ALERT – MXWL, ULTI and TCF: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Feb. 05, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • InvestorPlace18 days ago

    Ultimate Software Stock Isn’t a Buy After Hellman & Friedman Buyout

    Ultimate Software (NASDAQ:ULTI) is going private in a transaction led by veteran tech investors Hellman & Friedman. The price, $11 billion or $331.50 per share of ULTI stock, is a 19% premium to the company's Feb. 1 close and slightly above its record high of $330.73, achieved in September. The Weston, Florida company went public in 1998 at just $10. But long-time investors are not the only winners. New employees get restricted stock units, which can be cashed in here as common stock, and they continue to acquire shares over time, so many are expected to become millionaires once the deal closes. There is a 50-day "go-shop" period on the deal, where the company could seek a better price, which is why ULTI stock was due to open for trade Feb. 5 at $332.54 per share. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### The Island of Misfit Tech Hellman & Friedman currently has 20 investments in its portfolio, and over the years, it has put over $50 billion into over 90 companies, including Nasdaq Inc (NASDAQ:NDAQ), Axel Springer publishers in Germany, Doubleclick (now part of Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Getty Images, which it owned from 2008 to 2012. Its current portfolio includes SimpliSafe, the Web-based security company and Kronos, a human capital management company. Hellman & Friedman says it seeks fast-growing businesses in developed markets, and the current fund, its eighth, has $11.1 billion in committed capital. Ultimate operates in an increasingly competitive market that is expected to be worth $10 billion in 2022, with competitors like Oracle (NYSE:ORCL), SAP (NYSE:SAP), International Business Machines (NYSE:IBM) and Cognizant Technology Solutions (NASDAQ:CTSH). Ultimate describes itself as a "cloud" company, but its history predates the cloud. It might be more accurate to call it a Software as a Service (SaaS) firm. The industry has been disrupted during this decade by the rise of cloud-native plays like Workday (NASDAQ:WDAY), which now has a market cap of almost $41 billion. * 10 F-Rated Stocks That Could Break Your Portfolio Ultimate has been growing its top-line regularly, but its bottom-line irregularly, in recent years. It reported revenue of $1.14 billion for all of 2018, on which it had net income of $65 million, $2.06 per share fully diluted. This was its best profit performance in several years, during which time it had doubled in size from 2014's $505 million in revenue. ### What Hellman Does Hellman's track record indicates they will continue investing in Ultimate, perhaps sacrificing short-term profits for market share gains, refocusing the go-to market strategy and, eventually, looking for an exit. It looks for the lemonade in a lemon grove. One example of their work I am personally familiar with is Intergraph, a Huntsville, Alabama computer-aided design firm it bought in 2006. I had covered Intergraph for decades by the date of the sale, and it was clear they had lost ground in their computer-aided design niche to companies like Autodesk (NASDAQ:ADSK). When Hellman exited in 2010, selling Intergraph to Hexagon AB of Sweden, it was a "spatial information management" company whose software was used to create visual representations of vast data stores. * 10 Cold Weather Stocks to Heat Up Your Returns Ultimate appears to be the largest deal Hellman & Friedman has yet put together, the previous high being Multiplan, a healthcare cost management company, which cost $7.5 billion in 2016. ### The Bottom Line on ULTI Stock This is a happy day for Ultimate employees, most of whom can now look forward to a happy retirement or, at least, some money in the bank. Investors looking for a better price on ULTI stock, however, may not do so well given the competitiveness and maturity of Ultimate's market. Buying shares today would be highly speculative, putting a lot of investment into a small chance of a minimal gain. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post Ultimate Software Stock Isn't a Buy After Hellman & Friedman Buyout appeared first on InvestorPlace.

  • Company News For Feb 5, 2019
    Zacks18 days ago

    Company News For Feb 5, 2019

    Companies In The News Are: PZZA,ULTI,CLX,SYY

  • Imagination Park Adds Former Major League Baseball Chief Financial Officer
    CNW Group18 days ago

    Imagination Park Adds Former Major League Baseball Chief Financial Officer

    VANCOUVER , Feb. 5, 2019 /CNW/ - Imagination Park Technologies Inc. (IP.CN) (IPNFF) today announced that Jonathan Mariner has joined the Company as a Senior Advisor to the CEO.  Mr. Mariner, who retired from Major League Baseball, Office of the Commissioner, having previously served as Executive VP and CFO from March 2002 to December 2014 and as Chief Investment Officer from January 2015 until May 2016 , will help improve the fan experience for professional sports teams and major advertisers by introducing Imagination Park's augmented reality technology platform.

  • Ultimate Software (ULTI) Q4 Earnings & Revenues Top Estimates
    Zacks18 days ago

    Ultimate Software (ULTI) Q4 Earnings & Revenues Top Estimates

    Ultimate Software (ULTI) fourth-quarter results benefit from robust growth in recurring revenues. The company inks deal by which it will be "acquired by an investor group led by Hellman & Friedman."

  • The Wall Street Journal18 days ago

    [$$] Investor Group Buys Ultimate Software for $11 Billion

    An investor group led by private-equity firm Hellman & Friedman has reached a deal to buy Ultimate Software Group Inc. for about $11 billion. The Hellman & Friedman-led group agreed to pay $331.50 a share in cash, Ultimate Software said Monday. Ultimate Software develops cloud-based, subscription software aimed at corporate human-resources departments.

  • Ultimate Software Group (ULTI) Surpasses Q4 Earnings and Revenue Estimates
    Zacks18 days ago

    Ultimate Software Group (ULTI) Surpasses Q4 Earnings and Revenue Estimates

    Ultimate Software (ULTI) delivered earnings and revenue surprises of 35.42% and 1.38%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • TheStreet.com18 days ago

    Stocks Rise Ahead of Alphabet Earnings

    Stocks rose Monday amid another rush of earnings reports this week including Alphabet results due after the bell.

  • ACCESSWIRE18 days ago

    WeissLaw LLP Investigates The Ultimate Software Group Inc.

    SHAREHOLDER ALERT: WeissLaw LLPInvestigates The Ultimate Software Group Inc. NEW YORK, NY / ACCESSWIRE / February 4, 2019 / WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations ...