Coupa Software（纳斯达克股票代码：COUP）的目标价上调至81.00美元

Coupa Software (NASDAQ:COUP – Get Rating) had its price objective hoisted by BMO Capital Markets from $72.00 to $81.00 in a research report released on Monday morning, The Fly reports. The firm currently has a market perform rating on the technology company's stock.

A number of other research analysts also recently commented on COUP. Royal Bank of Canada upgraded Coupa Software from an underperform rating to a sector perform rating and increased their price objective for the company from $55.00 to $81.00 in a report on Monday, December 12th. Morgan Stanley dropped their price target on Coupa Software from $94.00 to $75.00 and set an overweight rating on the stock in a research note on Tuesday, November 22nd. StockNews.com started coverage on Coupa Software in a research note on Wednesday, October 12th. They set a sell rating on the stock. Wolfe Research downgraded Coupa Software from an outperform rating to a peer perform rating in a research note on Tuesday, December 13th. Finally, Credit Suisse Group upgraded Coupa Software from an underperform rating to a neutral rating and raised their price target for the stock from $60.00 to $81.00 in a research note on Tuesday, December 13th. Three investment analysts have rated the stock with a sell rating, sixteen have assigned  a hold rating and five have issued  a buy rating to the stock. According to MarketBeat.com, Coupa Software  has an average rating of Hold and a consensus target price of $79.42.

Coupa Software Trading Down 0.2 %

COUP opened at $78.45 on Monday. Coupa Software has a one year low of $40.29 and a one year high of $166.21. The company has a market cap of $5.97 billion, a P/E ratio of -17.09 and a beta of 1.35. The company has a debt-to-equity ratio of 7.62, a quick ratio of 1.78 and a current ratio of 1.78. The business's 50-day simple moving average is $58.28 and its 200-day simple moving average is $61.71.

Coupa Software (NASDAQ:COUP – Get Rating) last released its quarterly earnings data on Monday, December 12th. The technology company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.05. Coupa Software had a negative return on equity of 45.54% and a negative net margin of 41.24%. The business had revenue of $217.30 million for the quarter, compared to the consensus estimate of $213.31 million. During the same quarter in the prior year, the business posted ($0.36) EPS. The business's revenue for the quarter was up 17.0% on a year-over-year basis.  As a group, equities research analysts expect that  Coupa Software will post -2.34 EPS for the current fiscal year.

Insider Activity

In other news, EVP Robert Glenn sold 3,076 shares of the firm's stock in a transaction that occurred on Wednesday, December 21st. The stock was sold at an average price of $78.59, for a total value of $241,742.84. Following the completion of the sale, the executive vice president now directly owns 13,292 shares of the company's stock, valued at approximately $1,044,618.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Anthony D. Tiscornia sold 3,835 shares of the firm's stock in a transaction that occurred on Monday, September 26th. The stock was sold at an average price of $62.85, for a total value of $241,029.75. Following the completion of the sale, the chief financial officer now directly owns 4,039 shares of the company's stock, valued at approximately $253,851.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robert Glenn sold 3,076 shares of the firm's stock in a transaction that occurred on Wednesday, December 21st. The shares were sold at an average price of $78.59, for a total value of $241,742.84. Following the completion of the sale, the executive vice president now directly owns 13,292 shares of the company's stock, valued at $1,044,618.28. The disclosure for this sale can be found here. Insiders sold 21,016 shares of company stock valued at $1,585,656 in the last three months. 2.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Coupa Software

Several hedge funds and other institutional investors have recently bought and sold shares of COUP. Thames Capital Management LLC raised its holdings in  Coupa Software by 484.8% during the first quarter. Thames Capital Management LLC now owns 131,610 shares of the technology company's stock worth $13,376,000 after purchasing an additional 109,106 shares during the last quarter.  William Blair Investment Management LLC raised its holdings in  Coupa Software by 1,237.4% during the first quarter. William Blair Investment Management LLC now owns 1,595,093 shares of the technology company's stock worth $162,109,000 after purchasing an additional 1,475,825 shares during the last quarter.  Must Asset Management Inc. acquired a new position in  Coupa Software during the first quarter worth $716,000.  Astrantus Ltd acquired a new position in  Coupa Software during the first quarter worth $335,000.  Finally, Seven Eight Capital LP acquired a new position in  Coupa Software during the first quarter worth $578,000. 99.09% of the stock is owned by institutional investors and hedge funds.

Coupa Software Company Profile

(Get Rating)

Coupa Software Incorporated provides cloud-based business spend management platform that connects its customers with suppliers worldwide. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity, as well as enables businesses to achieve savings that drive profitability.