Coupa Software (NASDAQ:COUP) issued an update on its fourth quarter 2020
After-Hours earnings guidance on Monday morning. The company provided earnings per share guidance of 0.03-0.06 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.01. The company issued revenue guidance of $101.5-102.5 million, compared to the consensus revenue estimate of $99.44 million.Coupa Software also updated its FY 2020
After-Hours guidance to 0.34-0.37 EPS.
Shares of COUP opened at $148.94 on Tuesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.13 and a current ratio of 2.13. The stock has a 50 day simple moving average of $140.41 and a 200 day simple moving average of $134.52. Coupa Software has a 52-week low of $52.02 and a 52-week high of $159.97. The firm has a market capitalization of $9.65 billion, a PE ratio of -222.30 and a beta of 1.59.
Coupa Software (NASDAQ:COUP) last announced its earnings results on Monday, December 2nd. The technology company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.06 by $0.14. Coupa Software had a negative net margin of 20.91% and a negative return on equity of 13.73%. The firm had revenue of $101.78 million for the quarter, compared to the consensus estimate of $96.20 million. During the same period last year, the company posted $0.08 EPS. The business’s quarterly revenue was up 50.9% on a year-over-year basis. Equities research analysts predict that Coupa Software will post -1.01 EPS for the current fiscal year.
In related news, Director Henry Tayloe Stansbury sold 10,000 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $128.80, for a total value of $1,288,000.00. Following the completion of the sale, the director now directly owns 18,307 shares in the company, valued at $2,357,941.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Mark Riggs sold 930 shares of Coupa Software stock in a transaction on Monday, November 25th. The stock was sold at an average price of $149.31, for a total transaction of $138,858.30. Following the transaction, the insider now directly owns 2,685 shares of the company’s stock, valued at $400,897.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 313,054 shares of company stock valued at $44,044,494. 5.30% of the stock is currently owned by company insiders.
About Coupa Software
Coupa Software, Inc engages in providing business spend management (BSM) solutions. It offers cloud-based BSM platform that delivers a broad range of capabilities that would typically require the purchase and use of multiple disparate point applications. Its platform consists of procurement, invoicing, expense management and payments modules that form the transactional engine for managing a company’s business spend.
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