Coupa Software (COUP) Given Daily News Sentiment Score of 0.15
News stories about Coupa Software (NASDAQ:COUP) have been trending somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Coupa Software earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.847319917739 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Skuid CMO makes the case for personalizing SaaS tools to maximize investment value (b2bnn.com)
- Travel expense management software industry development trends insights shared in detailed report (whatech.com)
- Today’s Research Report Coverage on Internet Stocks — VirnetX, ANGI Homeservices, Coupa Software, and Equinix – PR Newswire (press release) (prnewswire.com)
- Coupa Software, Inc. breached its 50 day moving average in a Bearish Manner : COUP-US : November 15, 2017 (finance.yahoo.com)
- ETFs with exposure to Coupa Software, Inc. : November 15, 2017 (finance.yahoo.com)
Shares of Coupa Software (NASDAQ:COUP) opened at $33.71 on Friday. Coupa Software has a one year low of $22.50 and a one year high of $37.72.
Coupa Software (NASDAQ:COUP) last posted its quarterly earnings data on Tuesday, September 5th. The technology company reported ($0.10) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.28) by $0.18. Coupa Software had a negative net margin of 24.00% and a negative return on equity of 19.01%. The business had revenue of $44.60 million during the quarter, compared to the consensus estimate of $41.59 million. The firm’s revenue was up 43.4% compared to the same quarter last year. analysts anticipate that Coupa Software will post -1 earnings per share for the current year.
Several equities research analysts have weighed in on the stock. Royal Bank Of Canada raised their target price on shares of Coupa Software from $40.00 to $41.00 and gave the company an “outperform” rating in a research note on Wednesday, September 6th. First Analysis assumed coverage on shares of Coupa Software in a research note on Monday, August 7th. They issued an “overweight” rating and a $37.00 target price for the company. Zacks Investment Research downgraded shares of Coupa Software from a “hold” rating to a “sell” rating in a research note on Friday, September 8th. ValuEngine upgraded shares of Coupa Software from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $36.00 target price on shares of Coupa Software in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $35.16.
In other news, insider Ravi Thakur sold 11,240 shares of Coupa Software stock in a transaction on Friday, September 1st. The shares were sold at an average price of $30.29, for a total transaction of $340,459.60. Following the completion of the sale, the insider now directly owns 45,695 shares in the company, valued at $1,384,101.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert Bernshteyn sold 63,225 shares of Coupa Software stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $31.52, for a total transaction of $1,992,852.00. Following the sale, the chief executive officer now owns 280,665 shares of the company’s stock, valued at $8,846,560.80. The disclosure for this sale can be found here. Insiders have sold 377,818 shares of company stock valued at $12,296,855 over the last quarter. Insiders own 32.10% of the company’s stock.
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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