Coupa Software Incorporated [NASDAQ: COUP] loss -8.17% or -19.33 points to close at $217.40 with a heavy trading volume of 6576088 shares. The company report on June 8, 2021 that Coupa Software to Participate Virtually at Multiple Upcoming Investor Conferences.
Coupa Software (NASDAQ: COUP), announced that its management team will participate virtually at multiple upcoming investor conferences. These include:.
BofA 2021 Global Technology Conference. The management team’s remarks, scheduled to begin at 8:30 am PT (11:30 am ET) on Thursday, June 10th, can be accessed live from Coupa’s investor relations website at http://investors.coupa.com. A replay of the event will also be available on this website for at least 90 days following the event.
It opened the trading session at $217.60, the shares rose to $225.85 and dropped to $215.31, the range by which the price of stock traded the whole day. The daily chart for COUP points out that the company has recorded -31.67% loss over the past six months. However, it is still -2.77% lower than its most recent low trading price.
If we look at the average trading volume of 1.30M shares, COUP reached to a volume of 6576088 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Coupa Software Incorporated [COUP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COUP shares is $332.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COUP stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Coupa Software Incorporated shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on June 08, 2021. While these analysts kept the previous recommendation, Truist dropped their target price from $386 to $326. The new note on the price target was released on June 08, 2021, representing the official price target for Coupa Software Incorporated stock. Previously, the target price had yet another drop from $365 to $300, while Raymond James kept a Outperform rating on COUP stock. On June 08, 2021, analysts decreased their price target for COUP shares from 315 to 300.
The Average True Range (ATR) for Coupa Software Incorporated is set at 10.35, with the Price to Sales ratio for COUP stock in the period of the last 12 months amounting to 28.62. The Price to Book ratio for the last quarter was 15.09, with the Price to Cash per share for the same quarter was set at 8.50. Price to Free Cash Flow for COUP in the course of the last twelve months was 232.39 with Quick ratio for the last quarter at 0.80.
Trading performance analysis for COUP stock
Coupa Software Incorporated [COUP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.12. With this latest performance, COUP shares dropped by -8.59% in over the last four-week period, additionally sinking by -31.67% over the last 6 months – not to mention a drop of -1.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COUP stock in for the last two-week period is set at 35.14, with the RSI for the last a single of trading hit 32.33, and the three-weeks RSI is set at 37.16 for Coupa Software Incorporated [COUP]. The present Moving Average for the last 50 days of trading for this stock 248.74, while it was recorded at 228.77 for the last single week of trading, and 293.14 for the last 200 days.
Coupa Software Incorporated [COUP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Coupa Software Incorporated [COUP] shares currently have an operating margin of -32.17 and a Gross Margin at +55.32. Coupa Software Incorporated’s Net Margin is presently recorded at -33.25.
Return on Total Capital for COUP is now -9.08, given the latest momentum, and Return on Invested Capital for the company is -11.93. Return on Equity for this stock declined to -24.24, with Return on Assets sitting at -7.67. When it comes to the capital structure of this company, Coupa Software Incorporated [COUP] has a Total Debt to Total Equity ratio set at 149.01. Additionally, COUP Total Debt to Total Capital is recorded at 59.84, with Total Debt to Total Assets ending up at 49.92. Long-Term Debt to Equity for the company is recorded at 89.38, with the Long-Term Debt to Total Capital now at 35.89.
Reflecting on the efficiency of the workforce at the company, Coupa Software Incorporated [COUP] managed to generate an average of -$68,878 per employee. Receivables Turnover for the company is 3.44 with a Total Asset Turnover recorded at a value of 0.23.Coupa Software Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.
Coupa Software Incorporated [COUP]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Coupa Software Incorporated posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 162.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COUP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Coupa Software Incorporated go to 21.00%.
An analysis of insider ownership at Coupa Software Incorporated [COUP]
There are presently around $16,422 million, in the hands of institutional investors. The top three institutional holders of COUP stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 8,881,490, which is approximately 75.135% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 6,558,470 shares of the stock with an approximate value of $1.43 billion in COUP stocks shares; and MORGAN STANLEY, currently with $1.36 billion in COUP stock with ownership of nearly -1.106% of the company’s market capitalization.
Positions in Coupa Software Incorporated stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 261 institutional holders increased their position in Coupa Software Incorporated [NASDAQ:COUP] by around 12,459,067 shares. Additionally, 260 investors decreased positions by around 11,147,016 shares, while 51 investors held positions by with 51,930,562 shares. The mentioned changes placed institutional holdings at 75,536,645 shares, according to the latest SEC report filing. COUP stock had 72 new institutional investments in for a total of 3,592,322 shares, while 91 institutional investors sold positions of 1,533,607 shares during the same period.