Is it time to Buy before this week’s earning report Coupa Software Stock Forecast, Price & News (NASDAQ:COUP)

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Earnings results for Coupa Software Stock Forecast, Price & News (NASDAQ:COUP)

Coupa Software Incorporated is expected* to report earnings on 09/08/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.24. The reported EPS for the same quarter last year was $-0.25.

Coupa Software last posted its earnings data on June 8th, 2020. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 revenue for the quarter 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 confirmed that its next quarterly earnings report will be published on Tuesday, September 8th, 2020.

Analyst Opinion on Coupa Software Stock Forecast, Price & News (NASDAQ:COUP)

23 Wall Street analysts have issued ratings and price targets for Coupa Software in the last 12 months. Their average twelve-month price target is $212.95, predicting that the stock has a possible downside of 25.49%. The high price target for COUP is $360.00 and the low price target for COUP is $100.00. There are currently 1 sell rating, 6 hold ratings and 16 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Coupa Software has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 16 buy ratings, 6 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $212.95, Coupa Software has a forecasted downside of 25.5% from its current price of $285.81. Coupa Software has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Coupa Software Stock Forecast, Price & News (NASDAQ:COUP)

Coupa Software does not currently pay a dividend. Coupa Software does not have a long track record of dividend growth.

Insiders buying/selling: Coupa Software Stock Forecast, Price & News (NASDAQ:COUP)

In the past three months, Coupa Software insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $52,690,461.00 in company stock. Only 3.40% of the stock of Coupa Software is held by insiders.

Earnings and Valuation of Coupa Software Stock Forecast, Price & News (NASDAQ:COUP

Earnings for Coupa Software are expected to decrease in the coming year, from ($0.91) to ($1.01) per share. The P/E ratio of Coupa Software is -211.71, 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 -211.71, 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 39.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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