Are You Looking To Buy Coupa Software Incorporated (COUP)? First, Read This


Coupa Software Incorporated (NASDAQ:COUP) finished Thursday with an addition of $0.43 to close at $79.19, an upside of 0.55 percent. An average of 5,165,360 shares of common stock have been traded in the last five days. There was a gain of $0.61 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 6,886,820 shares traded, while the 50-day average volume stands at 4,533,176.

COUP stock has increased by 28.86% in the last month. The company shares reached their 1-month lowest point of $59.41 on 11/30/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $40.29 and a high of $166.21 in 52 weeks. It has reached a new high 2 times so far this year and lost -49.89% or -$78.86 in price. In spite of this, the price is down -52.35% from the 52-week high.

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Insider Transactions

COUP stock investors should be aware that Coupa Software Incorporated (COUP) stock had its last reported insider trading activity 9 days ago on Dec 21. In this transaction, the insider spent $241,742. Chief Executive Officer, BERNSHTEYN ROBERT, disposed of 8,074 shares at a price of $78.59 on Dec 21. The insider now owns more than $634,534 worth of shares. Prior to that, Chief Accounting Officer Baratta Maurizio went on to Sale 1,142 shares at $78.59 each on Dec 21. An amount of $89,750 was transacted.

Valuation Metrics

Coupa Software Incorporated (COUP) stock’s beta is 1.21. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.37, the price-to-book (PB) ratio at 21.23, and the price-to-cash flow ratio at 30.67.

Financial Health

The quick ratio of Coupa Software Incorporated for the three months ended October 30 was 1.80, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 7.62 and a total debt to equity ratio of 7.62 for the quarter ending October 30. Its gross profit as reported stood at $412.05 million compared to revenue of $725.29 million.

Earnings Surprise

For the three-month period that ended October 30, Coupa Software Incorporated had $338.53 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$84.68 million in the quarter, while revenues of -$75.27 million were shrunk -7.7%. The analyst consensus anticipated Coupa Software Incorporated’s latest quarter earnings to come in at $0.1 per share, but it turned out to be $0.15, a 50.00% surprise. For the quarter, EBITDA amounted to -$34.19 million. Shareholders own equity worth $76.15 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Coupa Software Incorporated (COUP) price momentum. RSI 9-day as of the close on 29 December was 79.98%, suggesting the stock is Overbought, with historical volatility in this time frame at 3.37%.

As of today, COUP’s price is $78.68 +0.77% or $0.61 from its 5-day moving average. COUP is currently trading +25.23% higher than its 20-day SMA and +2.11% higher than its 100-day SMA. However, the stock’s current price level is +42.98% above the SMA50 and +9.16% above the SMA200.

The stochastic %K and %D were 99.14% and 98.45%, respectively, and the average true range (ATR) was 1.52. With the 14-day stochastic at 99.77% and the average true range at 2.19, the RSI (14) stands at 73.92%. The stock has reached 0.19 on the 9-day MACD Oscillator while the 14-day reading was at 1.38.

Analyst Ratings

SMBC Nikko upgraded Coupa Software Incorporated (NASDAQ: COUP) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Coupa Software Incorporated (COUP) among analysts is Hold. According to current brokerage recommendations, 2 brokerage firms advise that investors sell COUP, while 21 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 3 others rate it as a “buy”.

What is COUP’s price target for the next 12 months?

Analysts predict a range of price targets between $55.00 and $91.00, with a median target of $81.00. Taking a look at these predictions, the average price target given by analysts for Coupa Software Incorporated (COUP) stock is $79.21.


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