RBC Capital Mkts lowered the price target for the Coupa Software Incorporated (NASDAQ:COUP) stock from “an Outperform” to “a Sector perform”. The rating was released on August 17, 2021. We previously noted in another research note published on June 08, 2021 by Wells Fargo that reiterated the stock to an Equal weight with a price target of $255 for COUP stock. The research report from Truist has reiterated the stock to Buy, with a price target set at $326. The stock was reiterated by Raymond James, who disclosed in a research note on June 08, 2021, to Outperform and set the price objective to $300. In their research brief published June 08, 2021, Piper Sandler analysts reiterated the Coupa Software Incorporated stock to Overweight with a price target of $300.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Coupa Software Incorporated (NASDAQ:COUP) raised 2.50% to close Friday’s market session at $215.50, higher as compared to yesterday’s close. The stock price fluctuated between $210.26 and $216.182 throughout the trading session with the volume trading being 879177 shares, which represented a significant variation when compared to the three months average volume of 1.21 million shares. The firm’s stock price fluctuated 0.78% within the last five trades and -3.60% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -37.36% in the last 6 months and -7.87% was subtracted to its value over the previous 3 months. COUP stock is trading at a margin of 0.03%, -8.14% and -22.94% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, COUP deals in the Technology domain. The stock is trading -42.84 percent below its 52-week high and 5.89 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -35.93. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Coupa Software Incorporated’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -39.80 percent and the profit margin is -45.10 percent, and the company has reported a gross margin of 56.10 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $15.93 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 395.41. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 27.03 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 15.70, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
BERNSHTEYN ROBERT, the Chief Executive Officer at Coupa Software Incorporated (COUP) has sold 50,000 shares of firm on Aug 17 at a price of $207.52 against the total amount of $10.38 million. In another inside trade, Riggs Mark, Chief Customer Officer of Coupa Software Incorporated (NASDAQ:COUP) sold 929 shares of the firm on Jul 26 for a total worth of $0.21 million at a price of $224.97. An inside trade which took place on Jul 19, Chief Executive Officer of Coupa Software Incorporated BERNSHTEYN ROBERT sold 50,000 shares of firm against total price of $10.96 million at the cost of $219.29 per share.