Coupa Software (NASDAQ:COUP) Target Raised by FBN Securities to $255.00

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Coupa Software stock has undergone multiple analysts rating changes in the recent past.  Coupa Software stock Target Raised by   FBN Securities on 6/30/2020. In a note to investors, the firm issued a new target price of $255.00. The analysts previously had $175.00 target price. FBN Securities’s price target would indicate a potential upside of -6.57% from the stock’s previous close.

Shares of Coupa Software traded up $5.63 on Tuesday, reaching $278.57. 468326 shares of the stock traded hands, compared to its average volume of 2081856. Shares of were trading at $278.57 on Tuesday. The firm’s 50 day moving average is $$216.05 and its 200 day moving average is $164.60.Coupa Software  has a 12 month low of $271.46 and a 12 month high of $279.08. While on yearly highs and lows, Coupa Software today has traded high as $278.90 and has touched $271.46 on the downward trend.

Coupa Software Earnings and What to expect: 

Coupa Software last issued its quarterly earnings data on June 8th, 2020. The technology company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.13. The company had revenue of $119.21 million for the quarter, compared to the consensus estimate of $111.84 million. Its quarterly revenue was up 46.6% on a year-over-year basis. Coupa Software has generated ($0.67) earnings per share over the last year. Coupa Software has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, September 1st, 2020 based off prior year’s report dates.

Earnings for Coupa Software are expected to decrease in the coming year, from ($0.87) to ($0.90) per share. The P/E ratio of Coupa Software is -204.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Coupa Software is -204.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Coupa Software has a P/B Ratio of 38.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 3.40%
  • On 6/24/2020 Insider Mark Riggs Sell 2,007 at average share price of $261.65 which equates to $525,131.55 in money value.
  • On 6/22/2020 CAO Anthony D Tiscornia Sell 1,449 at average price of  $260.60 with total value of : Not Data Available
  • On 6/22/2020 Insider Mark Riggs Sell 1,091 at average price of  $260.60 with total value of : $284,314.60
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Coupa Software

  • 6/29/2020 – Coupa Software had its price target raised by analysts at Goldman Sachs Group Inc from $245.00 to $322.00. They now have a “buy” rating on the stock.
  • 6/25/2020 – Coupa Software had its price target raised by analysts at Bank of America Corp from $235.00 to $285.00. They now have a “buy” rating on the stock.
  • 6/23/2020 – Coupa Software was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating.
  • 6/22/2020 – Coupa Software was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $290.00 price target on the stock.
  • See More Analyst Rating at: RATING

Other rating updates by FBN Securities: 

  • 6/3/2020 – Zoom Video Communications was upgraded by analysts at FBN Securities from a “sector perform” rating to an “outperform” rating. They now have a $250.00 price target on the stock.
  • 5/15/2020 – Atlassian is now covered by analysts at FBN Securities. They set an “outperform” rating and a $220.00 price target on the stock.
  • 3/31/2020 – RingCentral is now covered by analysts at FBN Securities. They set a “buy” rating and a $280.00 price target on the stock.
  • 2/27/2020 – Anaplan had its price target lowered by analysts at FBN Securities from $70.00 to $60.00. They now have an “outperform” rating on the stock.
  • See More Analyst Rating at: RATING

Coupa Software (NASDAQ:COUP) Moving Average Technical Analysis

5 day Moving Average is $$271.14 And 5 day price change is $12.45 (4.74%)  with average volume for 5 day average is 1,415,843. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $245.40 and 20 day price change is $44.84 (19.49%) and average 20 day moving volume is 2,070,996. 50 day moving average is $216.05  and 50 day price change is $108.40 ( 65.10%)  and with average volume for 50 days is : 1,833,296. 200 day moving average is $164.60  and 200 day price change is $143.20 (108.72%)  and with average volume for 200 days is : 1,816,938.

See More Analyst Rating at: RATING