Coupa Software (COUP) Set to Announce Earnings on Monday

Coupa Software (NASDAQ:COUP) is scheduled to be announcing its earnings results after the market closes on Monday, March 12th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter.

Shares of Coupa Software (COUP) opened at $48.39 on Friday. Coupa Software has a twelve month low of $22.50 and a twelve month high of $48.85. The firm has a market capitalization of $2,660.00 and a price-to-earnings ratio of -48.39.

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COUP has been the topic of several recent research reports. Barclays raised Coupa Software from an “equal weight” rating to an “overweight” rating and set a $38.00 target price on the stock in a report on Monday, January 8th. Raymond James Financial reaffirmed a “buy” rating and set a $40.00 target price on shares of Coupa Software in a report on Tuesday, December 12th. Zacks Investment Research raised Coupa Software from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Thursday, December 7th. Royal Bank of Canada reaffirmed a “buy” rating and set a $41.00 target price on shares of Coupa Software in a report on Wednesday, November 15th. Finally, Oppenheimer initiated coverage on Coupa Software in a report on Thursday, December 21st. They set a “buy” rating and a $41.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $41.27.

In other news, CFO Todd R. Ford sold 1,446 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $32.32, for a total value of $46,734.72. Following the transaction, the chief financial officer now directly owns 8,082 shares of the company’s stock, valued at approximately $261,210.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ravi Thakur sold 11,240 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $32.04, for a total value of $360,129.60. Following the completion of the transaction, the insider now directly owns 14,306 shares in the company, valued at $458,364.24. The disclosure for this sale can be found here. Insiders have sold a total of 299,871 shares of company stock worth $11,009,750 over the last ninety days. Company insiders own 32.10% of the company’s stock.

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Coupa Software Company Profile

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.

Earnings History for Coupa Software (NASDAQ:COUP)

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