Headlines about Coupa Software (NASDAQ:COUP) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Coupa Software earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 42.0590236113242 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Coupa Software to Participate in 2018 Morgan Stanley Technology, Media & Telecom Conference – GlobeNewswire (press release) (globenewswire.com)
- Coupa Software Inc (COUP) CEO Sells $2,635,218.00 in Stock (americanbankingnews.com)
- Coupa Releases 2018 Business Spend Management (BSM) Benchmark Report (finance.yahoo.com)
- Technical Indicator Watch on Shares of Coupa Software Inc (COUP) – Cotter Courier (cottercourier.com)
COUP has been the subject of a number of research reports. Zacks Investment Research upgraded Coupa Software from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Barclays upgraded Coupa Software from an “equal weight” rating to an “overweight” rating and set a $38.00 price objective for the company in a research report on Monday, January 8th. Raymond James Financial reiterated a “buy” rating and issued a $40.00 price objective on shares of Coupa Software in a research report on Tuesday, December 12th. Royal Bank of Canada reiterated a “buy” rating and issued a $41.00 price objective on shares of Coupa Software in a research report on Wednesday, November 15th. Finally, Oppenheimer initiated coverage on Coupa Software in a research report on Thursday, December 21st. They issued a “buy” rating and a $41.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $40.20.
Coupa Software (NASDAQ:COUP) last issued its earnings results on Monday, December 4th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.06. Coupa Software had a negative return on equity of 20.40% and a negative net margin of 24.37%. The firm had revenue of $47.30 million for the quarter, compared to analysts’ expectations of $45.02 million. During the same quarter last year, the business earned ($0.22) earnings per share. The company’s revenue was up 33.6% compared to the same quarter last year. equities analysts forecast that Coupa Software will post -0.94 earnings per share for the current fiscal year.
In other Coupa Software news, insider Ravi Thakur sold 11,240 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $32.04, for a total transaction of $360,129.60. Following the transaction, the insider now owns 14,306 shares in the company, valued at $458,364.24. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Todd R. Ford sold 12,000 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $41.69, for a total value of $500,280.00. Following the transaction, the chief financial officer now owns 18,636 shares in the company, valued at approximately $776,934.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 319,871 shares of company stock worth $11,559,634. Company 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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