News articles about Coupa Software (NASDAQ:COUP) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Coupa Software earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 45.7097883550808 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Coupa Software (COUP) traded up $0.81 on Tuesday, reaching $32.03. 604,732 shares of the company’s stock traded hands, compared to its average volume of 536,950. The stock has a market capitalization of $1,780.00 and a P/E ratio of -32.03. Coupa Software has a fifty-two week low of $22.50 and a fifty-two week high of $37.72.
Coupa Software (NASDAQ:COUP) last posted its quarterly earnings data on Monday, December 4th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.06. The business had revenue of $47.30 million for the quarter, compared to the consensus estimate of $45.02 million. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 20.40%. The company’s revenue was up 33.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.22) earnings per share. analysts forecast that Coupa Software will post -0.94 earnings per share for the current year.
A number of research firms recently weighed in on COUP. Cantor Fitzgerald restated a “buy” rating and set a $36.00 target price on shares of Coupa Software in a research note on Wednesday, September 6th. Zacks Investment Research upgraded shares of Coupa Software from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Thursday, December 7th. Royal Bank of Canada restated a “buy” rating and issued a $41.00 target price on shares of Coupa Software in a report on Wednesday, November 15th. Oppenheimer started coverage on shares of Coupa Software in a report on Thursday, December 21st. They issued a “buy” rating and a $41.00 target price on the stock. Finally, Raymond James Financial reiterated a “buy” rating and set a $40.00 price target on shares of Coupa Software in a report on Tuesday, December 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $36.53.
In other Coupa Software news, CFO Todd R. Ford sold 1,446 shares of Coupa Software stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $32.32, for a total transaction of $46,734.72. Following the transaction, the chief financial officer now directly owns 8,082 shares of the company’s stock, valued at $261,210.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony D. Tiscornia sold 781 shares of Coupa Software stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $33.18, for a total transaction of $25,913.58. Following the transaction, the insider now directly owns 521 shares in the company, valued at $17,286.78. The disclosure for this sale can be found here. Over the last three months, insiders sold 372,377 shares of company stock worth $12,759,816. Insiders own 32.10% of the company’s stock.
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About Coupa Software
Coupa Software Incorporated is a United States-based company, which provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. The Company offers spend management cloud applications, which are pre-integrated. The platform offers consumerized financial applications.
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