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Coupa Software (COUP) Set to Announce Earnings on Monday

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Coupa Software (NASDAQ:COUP) will release its earnings data after the market closes on Monday, December 6th. Analysts expect Coupa Software to post earnings of ($0.69) per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Coupa Software (NASDAQ:COUP) last posted its quarterly earnings data on Monday, September 6th. The technology company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.32. Coupa Software had a negative return on equity of 17.63% and a negative net margin of 48.86%. The company had revenue of $179.25 million for the quarter, compared to the consensus estimate of $162.98 million. During the same period in the previous year, the business earned $0.21 EPS. Coupa Software’s revenue for the quarter was up 42.3% compared to the same quarter last year. On average, analysts expect Coupa Software to post $-2 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

COUP stock opened at $201.06 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.97. Coupa Software has a 52-week low of $194.25 and a 52-week high of $377.04. The stock’s 50 day moving average is $230.89 and its two-hundred day moving average is $234.48. The company has a market capitalization of $14.89 billion, a PE ratio of -46.22 and a beta of 1.43.

A number of equities research analysts have recently weighed in on the company. UBS Group assumed coverage on Coupa Software in a report on Friday, October 1st. They issued a “neutral” rating and a $230.00 price target for the company. Morgan Stanley lowered their price target on Coupa Software from $345.00 to $337.00 and set an “overweight” rating for the company in a report on Thursday, October 28th. Susquehanna assumed coverage on Coupa Software in a report on Tuesday, November 16th. They issued a “positive” rating for the company. Raymond James boosted their price target on Coupa Software from $300.00 to $315.00 and gave the company an “outperform” rating in a report on Wednesday, September 8th. Finally, Wells Fargo & Company boosted their price target on Coupa Software from $255.00 to $270.00 and gave the company an “equal weight” rating in a report on Wednesday, September 8th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $292.48.

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In other Coupa Software news, CEO Robert Bernshteyn sold 50,000 shares of the business’s stock in a transaction on Friday, September 17th. The stock was sold at an average price of $243.35, for a total transaction of $12,167,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Maurizio Baratta sold 394 shares of the business’s stock in a transaction on Wednesday, October 6th. The stock was sold at an average price of $212.72, for a total value of $83,811.68. The disclosure for this sale can be found here. Insiders have sold a total of 168,924 shares of company stock valued at $40,419,559 in the last quarter. 2.60% of the stock is currently owned by insiders.

About Coupa Software

Coupa Software, Inc engages in the provision of business spend management (BSM) solutions. Its products include invoice, expense, pay, spend analysis, strategic sourcing, contract management contingent workforce, and supplier management. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.

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Earnings History for Coupa Software (NASDAQ:COUP)

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