Coupa Device Included (NASDAQ:COUP) Given Moderate Score of “Hang” via Brokerages

Coupa Device Included (NASDAQ:COUP – Get Score) has been assigned a mean ranking of “Hang” from the twenty-two scores corporations which are right now overlaying the company, Marketbeat Scores studies. Two equities analysis analysts have rated the inventory with a promote ranking, seven have issued a cling ranking and 9 have assigned a purchase ranking to the corporate. The common 12-month goal payment amongst brokerages that experience issued a record at the inventory within the remaining 12 months is $93.18.

COUP has been the subject of a number of contemporary analyst studies. The Goldman Sachs Team diminished Coupa Device from a “impartial” ranking to a “promote” ranking and decreased their goal payment for the corporate from $83.00 to $64.00 in a analysis record on Thursday, Might twelfth. Raymond James upped their goal payment on Coupa Device from $75.00 to $90.00 in a analysis record on Tuesday, June seventh. StockNews.com started protection on Coupa Device in a analysis record on Thursday, March thirty first. They set a “promote” ranking at the inventory. Barclays dropped their payment goal on Coupa Device from $90.00 to $85.00 and set an “equivalent weight” ranking at the inventory in a analysis notice on Tuesday, June seventh. After all, KeyCorp dropped their payment goal on Coupa Device from $100.00 to $75.00 and set an “obese” ranking at the inventory in a analysis notice on Thursday, July seventh.

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COUP opened at $60.16 on Friday. The company has a marketplace cap of $4.55 billion, a price-to-earnings ratio of -12.43 and a beta of one.48. The corporate has a present ratio of one.81, a handy guide a rough ratio of one.81 and a debt-to-equity ratio of 6.42. Coupa Device has a 12 month low of $50.54 and a 12 month top of $270.79. The inventory has a fifty day shifting moderate payment of $63.86 and a 200-day shifting moderate payment of $96.79.

Coupa Device (NASDAQ:COUP – Get Score) remaining launched its quarterly income effects on Monday, June sixth. The generation corporate reported ($0.62) EPS for the quarter, lacking the consensus estimate of ($0.57) via ($0.05). The corporate had earnings of $196.37 million throughout the quarter, in comparison to the consensus estimate of $190.69 million. Coupa Device had a destructive go back on fairness of 17.87% and a destructive internet margin of 47.72%. The corporate’s earnings was once up 17.6% on a year-over-year foundation. Throughout the similar length within the earlier 12 months, the company posted ($0.57) income in step with proportion. As a gaggle, equities analysis analysts wait for that Coupa Device will submit -2.63 income in step with proportion for the present fiscal 12 months.

Insiders Position Their Bets

In different Coupa Device information, CFO Todd R. Ford bought 1,940 stocks of the inventory in a transaction that befell on Tuesday, June twenty first. The inventory was once bought at a mean payment of $55.11, for a complete transaction of $106,913.40. Following the crowning glory of the transaction, the manager monetary officer now owns 30,884 stocks of the corporate’s inventory, valued at $1,702,017.24. The sale was once disclosed in a criminal submitting with the Securities & Alternate Fee, which is to be had via this link. In different Coupa Device information, CFO Todd R. Ford bought 1,940 stocks of the inventory in a transaction that befell on Tuesday, June twenty first. The inventory was once bought at a mean payment of $55.11, for a complete transaction of $106,913.40. Following the crowning glory of the transaction, the manager monetary officer now owns 30,884 stocks of the corporate’s inventory, valued at $1,702,017.24. The sale was once disclosed in a criminal submitting with the Securities & Alternate Fee, which is to be had via this link. Additionally, CEO Robert Bernshteyn bought 8,076 stocks of the inventory in a transaction that befell on Tuesday, June twenty first. The stocks had been bought at a mean payment of $55.11, for a complete worth of $445,068.36. Following the transaction, the manager govt officer now at once owns 245,620 stocks of the corporate’s inventory, valued at roughly $13,536,118.20. The disclosure for this sale can also be discovered right here. Over the past 90 days, insiders have bought 15,095 stocks of corporate inventory value $832,747. 2.20% of the inventory is owned via company insiders.

Institutional Buyers Weigh In On Coupa Device

A number of hedge budget and different institutional traders have just lately made adjustments to their positions in COUP. AE Wealth Control LLC higher its stake in Coupa Device via 13.2% throughout the fourth quarter. AE Wealth Control LLC now owns 35,956 stocks of the generation corporate’s inventory value $5,683,000 after obtaining an extra 4,183 stocks throughout the remaining quarter. Darwin Advisors LLC higher its stake in Coupa Device via 82.3% throughout the fourth quarter. Darwin Advisors LLC now owns 2,876 stocks of the generation corporate’s inventory value $379,000 after obtaining an extra 1,298 stocks throughout the remaining quarter. Huntington Nationwide Financial institution higher its stake in Coupa Device via 11.5% throughout the fourth quarter. Huntington Nationwide Financial institution now owns 67,812 stocks of the generation corporate’s inventory value $10,717,000 after obtaining an extra 7,000 stocks throughout the remaining quarter. Distinctive feature Capital Control LLC higher its stake in Coupa Device via 53.8% throughout the fourth quarter. Distinctive feature Capital Control LLC now owns 4,093 stocks of the generation corporate’s inventory value $647,000 after obtaining an extra 1,432 stocks throughout the remaining quarter. After all, Nationwide Financial institution of Canada FI bought a brand new stake in Coupa Device throughout the fourth quarter value $32,377,000. Institutional traders and hedge budget personal 95.45% of the corporate’s inventory.

Coupa Device Corporate Profile

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Coupa Device Included supplies cloud-based trade spend control platform that connects its consumers with providers international. The corporate supplies visibility into and keep watch over over how firms spend cash, optimize provide chains, and organize liquidity, in addition to permits companies to reach financial savings that power profitability.

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Analyst Recommendations for Coupa Software (NASDAQ:COUP)

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