Coupa Software (NASDAQ:COUP) will be posting its quarterly earnings results after the market closes on Tuesday, September 4th. Analysts expect Coupa Software to post earnings of ($0.30) per share for the quarter. Coupa Software has set its Q2 guidance at $(0.10)-(0.08) EPS and its FY19 guidance at $(0.19)-(0.14) EPS.
Coupa Software (NASDAQ:COUP) last posted its earnings results on Monday, June 4th. The technology company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.10. The company had revenue of $56.35 million for the quarter, compared to analyst estimates of $51.33 million. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 19.17%. Coupa Software’s revenue was up 37.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS. On average, analysts expect Coupa Software to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
The company has a current ratio of 3.27, a quick ratio of 3.27 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $4.06 billion, a price-to-earnings ratio of -94.36 and a beta of 0.90. Coupa Software has a 1-year low of $29.37 and a 1-year high of $72.36.
Several equities analysts have weighed in on the stock. Raymond James boosted their target price on shares of Coupa Software from $52.00 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, June 5th. Barclays boosted their target price on shares of Coupa Software from $53.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, August 15th. Needham & Company LLC boosted their target price on shares of Coupa Software from $55.00 to $63.00 and gave the company a “buy” rating in a report on Tuesday, June 5th. Loop Capital boosted their target price on shares of Coupa Software to $55.00 and gave the company a “neutral” rating in a report on Tuesday, June 5th. They noted that the move was a valuation call. Finally, Oppenheimer boosted their target price on shares of Coupa Software from $62.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $56.13.
In other news, CFO Todd R. Ford sold 2,476 shares of the business’s stock in a transaction that occurred on Thursday, June 21st. The shares were sold at an average price of $63.61, for a total value of $157,498.36. Following the sale, the chief financial officer now directly owns 12,104 shares of the company’s stock, valued at approximately $769,935.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Todd R. Ford sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, June 18th. The shares were sold at an average price of $63.05, for a total transaction of $788,125.00. Following the completion of the sale, the chief financial officer now directly owns 21,872 shares in the company, valued at $1,379,029.60. The disclosure for this sale can be found here. Insiders sold a total of 391,200 shares of company stock worth $23,036,851 over the last three months. Insiders own 6.50% of the company’s stock.
Coupa Software Company Profile
Coupa Software Incorporated provides cloud-based spend management platform. The company’s platform connects organization with suppliers globally; and provides visibility into and control over how companies spend money, as well as enables businesses to achieve savings that drive profitability. Its platform consists of procurement, invoicing, and expense management modules that form its transactional engine and capture a company’s spend; and offers supporting modules, including sourcing, spend analysis, contract management, supplier management, and inventory management.
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