Coupa Software (Coup) Surges on Acquisition News

Coupa Software rose 26.6% during the morning session to $78.61 per share. As reported by Barrons: "Coupa Stock Surges. It's Being Bought by Thoma Bravo for $8 Billion. ..." You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

Coupa Software Incorporated provides cloud-based business spend management platform that connects its customers with suppliers worldwide. The company belongs to the Technology sector, which has an average price to earnings (P/E) ratio of 26.5 and an average price to book (P/B) ratio of 5.57. In contrast, Coupa Software has a trailing 12 month P/E ratio of -16.2 and a P/B ratio of 18.8.

Coupa Software has moved -59.7% over the last year compared to -15.7% for the S&P 500 -- a difference of -44.0%. Coupa Software has a 52 week high of $166.21 and a 52 week low of $40.3. At today's price of $78.61 per share, Coupa Software is 9.87% away from its target price of $71.55, and on average, analysts give the stock a rating of hold. 11.7% of the company's shares are linked to short positions, and 102.9% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.