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Last $184.21 USD
Change Today -0.43 / -0.23%
Volume 282.3K
ULTI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

ultimate software group inc (ULTI) Snapshot

Open
$184.63
Previous Close
$184.64
Day High
$186.05
Day Low
$183.43
52 Week High
07/31/15 - $186.05
52 Week Low
10/15/14 - $125.74
Market Cap
5.3B
Average Volume 10 Days
310.2K
EPS TTM
$1.33
Shares Outstanding
28.6M
EX-Date
--
P/E TM
138.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for ULTIMATE SOFTWARE GROUP INC (ULTI)

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ultimate software group inc (ULTI) Details

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. The company’s UltiPro solution includes unified feature sets for talent acquisition and on boarding, human resources management and compliance, benefits management and online enrollment, payroll, performance management, salary planning and budgeting for compensation management, development of incentive plans, succession management, reporting and analytical decision-making and predictive tools, and time and attendance; and has role-based features for human resources professionals, executives, managers, administrators, and employees. Its UltiPro software solution is delivered primarily over the Internet to organizations primarily based in the United States and Canada. The company also provides professional services, and customer support and product maintenance services. It serves customers in various industries, including manufacturing, food services, sports, technology, finance, insurance, retail, real estate, transportation, communications, healthcare, and other services. The company was founded in 1990 and is headquartered in Weston, Florida.

2,600 Employees
Last Reported Date: 07/28/15
Founded in 1990

ultimate software group inc (ULTI) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, P...
Total Annual Compensation: $700.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $550.0K
Vice Chairman, Chief Operating Officer and Me...
Total Annual Compensation: $650.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $600.0K
Chief Enterprise Sales Officer and Senior Vic...
Total Annual Compensation: $586.4K
Compensation as of Fiscal Year 2014.

ultimate software group inc (ULTI) Key Developments

Ultimate Software Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year 2015

Ultimate Software reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of USD 147,230,000 against USD 121,997,000 a year ago. Operating income was USD 7,632,000 against USD 11,388,000 a year ago. Income before income taxes was USD 7,543,000 against USD 11,378,000 a year ago. Net income was USD 3,657,000 or USD 0.12 per diluted share against USD 6,363,000 or USD 0.22 per diluted share a year ago. Non-GAAP operating income was USD 29,673,000 against USD 22,852,000 a year ago. Non-GAAP net income was USD 18,362,000 or USD 0.62 per diluted share against USD 13,363,000 or USD 0.46 per diluted share a year ago. Cash flows from operating activities were USD 17.6 million, compared with USD 15.4 million for the same period in 2014. For the six months, the company reported total revenues of USD 292,107,000 against USD 243,075,000 a year ago. Operating income was USD 17,389,000 against USD 23,758,000 a year ago. Income before income taxes was USD 17,242,000 against USD 23,757,000 a year ago. Net income was USD 7,817,000 or USD 0.26 per diluted share against USD 13,246,000 or USD 0.45 per diluted share a year ago. Net cash provided by operating activities was USD 43,618,000 against USD 41,008,000 a year ago. Purchases of property and equipment were USD 21,303,000 against USD 21,014,000 a year ago. Non-GAAP operating income was USD 55,771,000 against USD 46,349,000 a year ago. Non-GAAP net income was USD 33,594,000 or USD 1.13 per diluted share against USD 27,115,000 or USD 0.93 per diluted share a year ago. The company provided earnings guidance for the third quarter and full year 2015. For the third quarter, the company expects recurring revenues of approximately USD 132 million, total revenues of approximately USD 156 million, and operating margin, on a non-GAAP basis, of approximately 20%. For the year 2015, the company expects recurring revenues to increase by approximately 23% over 2014, total revenues to increase by approximately 22% over 2014, and operating margin, on a non-GAAP basis, of approximately 20%. Non-GAAP income tax rate for the balance of the year 2015 is expected to be 41%, bringing the full year expected tax rate to just above 40%.

The Ultimate Software Group, Inc. Announces the Availability of New ACA Employer Services

Ultimate Software announced the availability of new ACA Employer Services, offering customers additional assistance with ACA compliance-related activities, reporting, and filing. The Patient Protection and Affordable Care Act (PPACA, also most commonly known as simply ACA) was designed to offer health insurance to the vast majority of uninsured Americans, including those whose care may be very costly due to preexisting conditions and who have been denied coverage in the past. All U.S. employers with at least 50 full-time employees, including full-time equivalents, are required to file extensive reporting with the IRS in early 2016 or will be subject to penalties for failure to comply. For customers that prefer additional assistance in managing the reporting and filing, Ultimate has also introduced new ACA Employer Services offerings. The new UltiPro ACA Employer Services will help customers: Monitor employee eligibility monthly; Leverage Ultimate’s team to print and distribute required employee forms; File forms 1094-C and 1095-C electronically to the IRS; Take advantage of penalty calculation support; Receive proactive alerts throughout the year to avoid non-compliance; Take advantage of Ultimate’s assistance with appeal tracking and response with the Healthcare Exchanges and the IRS. The new UltiPro ACA Employer Services is available in two different levels based on customers’ specific needs and preferences for managing ACA-related activities: ACA Distribution Services and ACA Management Services.

The Ultimate Software Group, Inc. to Report Q2, 2015 Results on Jul 28, 2015

The Ultimate Software Group, Inc. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 28, 2015

 

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ULTI Competitors

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Industry Analysis

ULTI

Industry Average

Valuation ULTI Industry Range
Price/Earnings 100.0x
Price/Sales 9.5x
Price/Book 17.9x
Price/Cash Flow 133.9x
TEV/Sales 9.3x
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