Based on the aggregated intelligence of 140,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, project software specialist Deltek (NASDAQ:PROJ) has received the dreaded one-star ranking.

With that in mind, let's take a closer look at Deltek's business and see what CAPS investors are saying about the stock right now.

Deltek facts

Headquarters (Founded)

Herndon, Va. (1983)

Market Cap

$496.4 million

Industry

Application software

Trailing-12-Month Revenue

$274.0 million

Management

CEO Kevin Parker (since 2005),

Chief Marketing Officer William Clark (since 2005)

Net Income and Revenue Growth (Over Past Year)

(3.4%) and (6.8%)

Cash / Debt

$113.5 million / $179.6 million

6-Month Return

84%

Competitors

Oracle (NASDAQ:ORCL)

Microsoft (NASDAQ:MSFT)

CAPS Members Bullish on PROJ Also Bullish on

Activision Blizzard (NASDAQ:ATVI)

Foster Wheeler (NASDAQ:FWLT)

CAPS Members Bearish on PROJ Also Bearish on

AIG (NYSE:AIG)

Avis Budget Group (NYSE:CAR)

Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.

On CAPS, 44% of the 41 members who have rated Deltek believe the stock will underperform the S&P 500 going forward. These bears include All-Stars bullishbabo and CaptBS, both of whom are ranked in the top 6% of our community.

Three weeks ago, bullishbabo tapped Deltek as a rather diluted opportunity:

Unless this company can grow sales big-time, I see EPS trending down from here. I expect this company to continue to make money, but I don't think its prospects for organic growth look very good. … With recent share dilution, I don't see EPS going up based on its revenue trend (down!!).

In a pitch from last week, CaptBS also projects weakness for the project expert:

Trading near a 52-week high at nearly 30 times book value, in spite of flat revenues and a debt/equity ratio north of 10. The lack of any real earnings growth over time is a big red flag for a software company like this. There *should* be a lot of demand for their products, and they've been targeting a variety of sectors with industry-specific solutions, yet their top line looks nothing like the growth curve you'd expect.

What do you think about Deltek, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. The CAPS community is waiting to hear your opinions. CAPS is 100% free, so get started!

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Microsoft is a Motley Fool Inside Value pick, and Activision Blizzard is a selection of Stock Advisor. The Motley Fool owns shares of Oracle. The Fool's disclosure policy always gets a perfect score.