Is it Right Time Pull the Trigger on Coupa Software Incorporated [COUP] Stock?

Coupa Software Incorporated [COUP] shares are up more than 107.95% this year and recently increased 0.01% or $3.51 to settle at $321.66. Analysts expect COUP to grow earnings at a 25.20% annual rate over the next 5 years. COUP has a short ratio of 6.23. This implies that the market is currently less bullish on the outlook for COUP.

On 4, December 2020, Coupa Software to Participate Virtually in the Barclays Global Technology, Media and Telecommunications Conference. According to news published on Yahoo Finance, Coupa Software (NASDAQ: COUP), announced today that its management team will participate virtually in the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, December 9, 2020.

Analyst Birdseye View:

The most recent analyst activity for Coupa Software Incorporated [NASDAQ:COUP] stock was on October 09, 2020, when it was Initiated with a Buy rating from Deutsche Bank, which also raised its 12-month price target on the stock to $345. Before that, on November 10, 2020, Berenberg Recapitulated a Hold rating and elevated its amount target to $295. On October 06, 2020, BTIG Research Resumed a Neutral rating. On September 09, 2020, Needham Reiterated a Buy rating and increased its price target from $256 to $300. On August 12, 2020, Evercore ISI Downgrade an In-line rating. On July 01, 2020, KeyBanc Capital Markets Initiated an Overweight rating and boosted its amount on this stock to $320. On May 28, 2020, Wedbush Downgrade a Neutral rating and boosted its target amount on this stock to $198. On April 23, 2020, JP Morgan Downgrade an Underweight rating and amplified its amount target to $100.

In the past 52 weeks of trading, this stock has oscillated between a low of $99.01 and a peak of $353.55. Right now, according to Wall Street analyst the average 12-month amount target is $290.00. At the most recent market close, shares of Coupa Software Incorporated [NASDAQ:COUP] were valued at $321.66. According to the average price forecast, investors can expect a potential return of 5.32%.

FUNDAMENTAL ANALYSIS

Coupa Software Incorporated [NASDAQ:COUP] most recently reported quarterly sales of 125.92 billion, which represented growth of 32.40%. This publicly-traded organization’s revenue is $230,194 per employee, while its income is -$53,652 per employee. This company’s Gross Margin is currently 63.20%, its Operating Margin is -15.30%, its Pretax Margin is -26.11, and its Net Margin is -23.31. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -7.78, -23.94, -8.05 and -13.32 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 64.23 and the whole liability to whole assets at 50.20. It shows enduring liability to the whole principal at 48.55 and enduring liability to assets at 0.38 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 314.64 points at 1st support level, the second support level is making up to 311.14. But as of 1st resistance point, this stock is sitting at 323.32 and at 328.50 for 2nd resistance point.

Coupa Software Incorporated [COUP] reported its earnings at $0.21 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.08/share signifying the difference of 0.13 and 162.50% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were $0.2 calling estimates for $0.07/share with the difference of 0.13 depicting the surprise of 185.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Coupa Software Incorporated [NASDAQ:COUP] is 1.60. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.50. Now if looking for a valuation of this stock’s amount to sales ratio it’s 25.84 and it’s amount to book ratio is 23.33.

Insider Stories

The most recent insider trade was by Riggs Mark, Chief Customer Officer, and it was the sale of 929.0 shares on Nov 25. BERNSHTEYN ROBERT, the Chief Executive Officer, completed a sale of 50000.0 shares on Nov 17. On Nov 17, Ford Todd R, Chief Financial Officer, completed a sale of 5270.0 shares.