A number of research firms have changed their ratings and price targets for Coupa Software (NASDAQ: COUP):

  • 12/12/2017 – Coupa Software had its “buy” rating reaffirmed by analysts at Raymond James Financial, Inc.. They now have a $40.00 price target on the stock.
  • 12/11/2017 – Coupa Software had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $38.00 price target on the stock.
  • 12/8/2017 – Coupa Software was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Coupa Software Inc. provides cloud-based spend management platform which connects organizations with suppliers. Coupa Software Inc. is based in SAN MATEO, United States. “
  • 12/7/2017 – Coupa Software was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock. According to Zacks, “Coupa Software Inc. provides cloud-based spend management platform which connects organizations with suppliers. Coupa Software Inc. is based in SAN MATEO, United States. “
  • 12/5/2017 – Coupa Software had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $36.00 price target on the stock.
  • 11/27/2017 – Coupa Software had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $38.00 price target on the stock, up previously from $34.00.
  • 11/15/2017 – Coupa Software had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $41.00 price target on the stock.
  • 11/7/2017 – Coupa Software was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Coupa Software Inc. provides cloud-based spend management platform which connects organizations with suppliers. Coupa Software Inc. is based in SAN MATEO, United States. “
  • 10/18/2017 – Coupa Software was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

Coupa Software (NASDAQ COUP) traded down $0.12 during mid-day trading on Thursday, reaching $33.56. 246,700 shares of the company traded hands, compared to its average volume of 472,438. Coupa Software has a 52 week low of $22.50 and a 52 week high of $37.72.

Coupa Software (NASDAQ:COUP) last announced its earnings results 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. Coupa Software had a negative net margin of 24.37% and a negative return on equity of 20.40%. The business had revenue of $47.30 million for the quarter, compared to analyst estimates of $45.02 million. During the same quarter last year, the business earned ($0.22) earnings per share. The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. equities analysts expect that Coupa Software will post -0.94 EPS for the current year.

In other news, CFO Todd R. Ford sold 12,000 shares of Coupa Software stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $31.56, for a total value of $378,720.00. Following the sale, the chief financial officer now owns 14,613 shares in the company, valued at $461,186.28. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Anthony D. Tiscornia sold 2,443 shares of Coupa Software stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $35.44, for a total transaction of $86,579.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 521,293 shares of company stock worth $17,212,290. Company insiders own 32.10% of the company’s stock.

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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