Goldman Sachs Starts Ultimate Software (ULTI) at Sell
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Price: $7.66 +0.66%
Rating Summary:
15 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
15 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs initiates coverage on Ultimate Software (NASDAQ: ULTI) with a Sell. PT $62.00.
The firm said they see little room for multiple expansion given high expectations for 2012 growth across the Street.
EPS estimates (ex-ESO) for FY2011 and FY2012 are $0.95 and $1.26 versus consensus at $1.04 and $1.48. Revenues estimates are $328 million and
$392 million versus consensus at $329 million and $399 million.
For an analyst ratings summary and ratings history on Ultimate Software click here. For more ratings news on Ultimate Software click here.
Shares of Ultimate Software closed at $66.03 yesterday.
The firm said they see little room for multiple expansion given high expectations for 2012 growth across the Street.
EPS estimates (ex-ESO) for FY2011 and FY2012 are $0.95 and $1.26 versus consensus at $1.04 and $1.48. Revenues estimates are $328 million and
$392 million versus consensus at $329 million and $399 million.
For an analyst ratings summary and ratings history on Ultimate Software click here. For more ratings news on Ultimate Software click here.
Shares of Ultimate Software closed at $66.03 yesterday.
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