Covisint Corp. Company Profile (NASDAQ:COVS)

Analyst Ratings

Consensus Ratings for Covisint Corp. (NASDAQ:COVS) (?)
Ratings Breakdown: 1 Sell Rating(s)
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $1.75 (20.09% downside)

Analysts' Ratings History for Covisint Corp. (NASDAQ:COVS)
Show:
DateFirmActionRatingPrice TargetActions
6/7/2016Credit Suisse Group AGReiterated RatingSell$1.75View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/31/2014Evercore ISILower Price Target$6.00 -> $5.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Covisint Corp. (NASDAQ:COVS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/4/2016        
6/6/2016Q4($0.11)($0.01)$20.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/4/2016Q3($0.11)($0.09)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/10/2015Q2($0.12)($0.09)$18.20 million$18.40 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2015Q116($0.14)($0.13)$17.98 million$15.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/20/2015Q415($0.05)($0.06)$22.20 million$23.46 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/10/2015Q315($0.05)($0.11)$20.54 million$15.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2014Q315$0.07($0.13)$170.80 million$21.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2014Q115($0.20)($0.23)$20.60 million$21.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/22/2014Q414($0.11)($0.17)$24.66 million$24.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/22/2014Q314($0.10)($0.10)$27.00 million$17.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/24/2013($0.13)($0.08)$24.13 million$24.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Covisint Corp. (NASDAQ:COVS)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Covisint Corp. (NASDAQ:COVS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Covisint Corp. (NASDAQ:COVS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/19/2016William O GrabeDirectorBuy74,485$1.94$144,500.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/12/2016William O. GrabeDirectorBuy2,100$1.75$3,675.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/10/2016Enrico DigirolamoCFOBuy15,000$1.78$26,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/9/2016William O. GrabeDirectorBuy68,493$1.83$125,342.19View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/11/2015Steven R. AsamSVPSell6,613$2.31$15,276.03View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/24/2015Bernard M. GoldsmithDirectorBuy9,900$2.46$24,354.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2014Steven R AsamSVPSell17,793$2.58$45,905.94View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/8/2014Steven R AsamSVPSell35,807$2.35$84,146.45View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/5/2014Corp CompuwareMajor ShareholderBuy1,363,920$4.00$5,455,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/4/2014Corp CompuwareMajor ShareholderBuy18,000$4.10$73,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/27/2014David McguffieCEOBuy8,000$9.21$73,680.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Covisint Corp. (NASDAQ:COVS)
DateHeadline
07/26/16 10:48 AMETF’s with exposure to Covisint Corp. : July 26, 2016 -
07/26/16 08:32 AMCovisint Corp. :COVS-US: Earnings Analysis: 2016 By the Numbers : July 26, 2016 -
07/20/16 06:00 AMCovisint Corporation to Announce First Quarter Fiscal 2017 Earnings Results on August 4, 2016 - [GlobeNewswire] - DETROIT, July 20, 2016-- Covisint Corporation, the leading Cloud Platform for building Identity and Internet of Things applications, will release financial results for its first quarter fiscal 2017– ended ...
06/30/16 02:40 PMETF’s with exposure to Covisint Corp. : June 30, 2016 -
06/22/16 04:29 PMCovisint Initiates Search for Additional Independent Directors - [at noodls] - DETROIT, June 22, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, today announced that its Board ...
06/20/16 05:48 AMJim Roumell Threatens Covisint Corp (COVS) With A Proxy Fight Unless The Company Is Sold -
06/17/16 10:47 AMDialectic Capital Letter To Covisint Board
06/14/16 03:16 PMForm DFAN14A Covisint Corp Filed by: DIALECTIC CAPITAL MANAGEMENT, LP
06/08/16 08:49 AMCovisint Corp. :COVS-US: Earnings Analysis: Q4, 2016 By the Numbers : June 8, 2016 -
06/07/16 11:40 AMCovisint posts 4Q loss
06/07/16 11:40 AMCovisint's (COVS) CEO Sam Inman on Q4 2016 Results - Earnings Call Transcript
06/06/16 03:13 PMCovisint Corporation Announces Fourth Quarter and Full-Year Fiscal 2016 Financial Results
06/06/16 06:07 AMQ4 2016 Covisint Corp Earnings Release - After Market Close -
06/03/16 09:29 PMCovisint Corp (COVS): Dialectic Capital Nominates 5 Board Members, Expresses Fear Over Company’s Direction
06/02/16 03:45 PMCovisint Leverages 15 Years of Automotive Expertise to Securely Connect the Growing Vehicle Ecosystem - [at noodls] - DETROIT, June 02, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) announced today it will showcase the Covisint Cloud Platform at TU-Automotive Detroit 2016 on June 8-9, 2016. Covisint is the ...
06/02/16 09:19 AMDialectic Capital Delivers Letter to Covisint Board - [PR Newswire] - NORWALK, Conn., June 2, 2016 /PRNewswire/ -- Dialectic Capital Management, LP (together with its affiliates, "Dialectic"), one of the largest shareholders of Covisint Corporation ("Covisint" or the "Company") (COVS), with beneficial ownership of approximately 5.5% of the outstanding common stock of the Company, today announced that it has delivered a letter to the Company's Board of Directors (the "Board"), the full text of which is included below. Dialectic also announced that it has nominated a slate of five highly qualified candidates for election to the Board at the Company's 2016 Annual Meeting of Shareholders.
06/01/16 04:35 PMCovisint Corporation Confirms Receipt of Director Nominations Notice from Dialectic Capital Partners - [at noodls] - DETROIT, June 01, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, today confirmed that it has received ...
05/31/16 08:06 AM52 Week Lows Daily Report – BLOX, PSUN, EXPR, ESSX, BNNY, VIDE, GES - The company traded at $8.83 – 0.27 (2.97 pct) on 24,992 total stock volume. Covisint Corp (COVS) posted a new low of 5.14 above a previous 52 week low of 5.32. The company traded at $5.25 – 0.12 (2.23 pct) on 6,274 total stock volume. Gordmans Stores ...
05/29/16 01:10 PMPerformance at a Glance on Covisint Corporation (NASDAQ:COVS) - HNN - Performance at a Glance on Covisint Corporation (NASDAQ:COVS)HNNWhen speculating how a given stock will perform in the future, it is important to look at how it has performed in the past. Today we will examine how Covisint Corporation (NASDAQ:COVS)'s stock has performed at various points in its past. Currently, the ...and more »
05/26/16 12:45 PMVector Capital Shows Interest for Covisint (COVS); Dycom Industries (DY) Surpasses Wall Street Expectations - Galaxy Stocks (press release) (registration) - Vector Capital Shows Interest for Covisint (COVS); Dycom Industries (DY) Surpasses Wall Street ExpectationsGalaxy Stocks (press release) (registration)Covisint Corp. (Nasdaq:COVS) stock finished Tuesday's trading session in negative territory by 4.57% at $1.88 per share. Covisint said after the closing bell that it has received an unsolicited overture from San Francisco-based Vector Capital ...
05/26/16 12:45 PMInsiders Are Gradually Buying Covisint Corporation (NASDAQ:COVS) - Wall Street Hints and News - Insiders Are Gradually Buying Covisint Corporation (NASDAQ:COVS)Wall Street Hints and NewsAccording to the latest SEC filings, insiders at Covisint Corporation (NASDAQ:COVS) have increased their position in the stock by 29.58% over the past 6 months. Insiders now own 0.80% of total outstanding shares. There are both legal and illegal types ...and more »
05/26/16 12:45 PMCovisint Corporation (COVS) Affirms Receipt of Takeover Offer; Will Review - StreetInsider.com - Covisint Corporation (COVS) Affirms Receipt of Takeover Offer; Will ReviewStreetInsider.comCovisint Corporation (Nasdaq: COVS) confirmed that it has received an unsolicited overture from Vector Capital expressing its interest in acquiring the Company for an unspecified price. In addition to not specifying any price or premium amount, no ...Covisint Corp (COVS) Jumps 28.76% on May 23Equities.comCovisint Corporation (NASDAQ:COVS) Shorted Shares Decreased By 16.17%Franklin IndependentCovisint Gets Unsolicited Interest from Vector Capital to Buy Co (NASDAQ:COVS)Sonoran Weekly ReviewFTSE News -KC Registerall 16 news articles »
05/26/16 12:45 PMCovisint Corp (COVS) Jumps 5.32% on May 25 - Equities.com - Covisint Corp (COVS) Jumps 5.32% on May 25Equities.comCovisint Corp (COVS) was among the biggest gainers on the Russell 2000 for Wednesday May 25 as the stock popped 5.32% to $1.98, representing a gain of $0.1 per share. Some 207,170 shares traded hands on 605 trades, compared with an average daily ...and more »
05/26/16 12:45 PMVector Capital Shows Interest for Covisint (COVS); Dycom Industries (DY) Surpasses Wall Street Expectations - Covisint Corp. (Nasdaq:COVS) stock finished Tuesday’s trading session in negative territory by 4.57% at $1.88 per share. Covisint said after the closing bell that it has received an unsolicited overture from San Francisco-based Vector Capital indicating ...
05/24/16 04:54 PMBRIEF-Covisint Corp says gets unsolicited overture from Vector Capital - * Covisint corporation confirms receipt of unsolicited overture with no price specified from vector capital Source text for Eikon: Further company coverage:
05/24/16 03:06 PMCovisint Corporation Confirms Receipt of Unsolicited Overture with No Price Specified from Vector Capital - [at noodls] - DETROIT, May 24, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, today confirmed that it has received ...
05/24/16 03:01 PM4:01 pm Covisint confirms receipt of an unsolicited overture from Vector Capital expressing its interest in acquiring the Company for an unspecified price -
05/19/16 04:22 PMCovisint Corporation to Announce Fourth Quarter and Full-Year Fiscal 2016 Earnings Results on June 6, 2016 - [at noodls] - DETROIT, May 19, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, will release financial results ...
02/26/16 12:30 PMCovisint Corporation: Covisint Recognized as Supplier of the Year by SAIC General Motors - DETROIT and SHANGHAI, China, 2016-02-24 21:00 CET (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, has announced it has been recognized as a supplier of the ...
02/24/16 02:00 PMCovisint Recognized as Supplier of the Year by SAIC General Motors - [GlobeNewswire] - DETROIT and SHANGHAI, China, Feb. 24, 2016-- Covisint Corporation, the leading Cloud Platform for building Identity and Internet of Things applications, has announced it has been recognized as a supplier ...
02/14/16 04:37 PMWeekly CFO Buys Highlight: Covisint Corp., Citigroup Inc., Cavium Inc. -
02/14/16 01:54 PMCovisint Corporation (NASDAQ:COVS) Sellers Covered 5.66% of Their Shorts - fdanewsalert.com - Covisint Corporation (NASDAQ:COVS) Sellers Covered 5.66% of Their Shortsfdanewsalert.comThe short interest to Covisint Corporation's float is 1.19%. The stock increased 1.68% or $0.03 on February 12, hitting $1.82. About 85,709 shares traded hands. Covisint Corp (NASDAQ:COVS) has declined 44.68% since July 10, 2015 and is downtrending.
02/09/16 11:54 AMCovisint Corp. Earnings Analysis: Q3, 2016 By the Numbers -
02/05/16 12:02 PMEdited Transcript of COVS earnings conference call or presentation 4-Feb-16 10:00pm GMT -
02/04/16 04:11 PMCovisint reports 3Q loss - [AP] - The Southfield, Michigan-based company said it had a loss of 10 cents per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share. The information technology company posted revenue ...
02/04/16 03:06 PMCOVISINT CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits -
02/04/16 03:01 PMCovisint Corporation Announces Third Quarter Fiscal 2016 Financial Results - [GlobeNewswire] - DETROIT, Feb. 04, 2016-- Covisint Corporation, the leading Cloud Platform for building Identity and Access Management and Internet of Things solutions, today announced financial results for the third quarter ...
02/04/16 06:07 AMQ3 2016 Covisint Corp Earnings Release - After Market Close -
01/14/16 04:08 PMCovisint Corporation to Announce Third Quarter Fiscal 2016 Earnings Results on February 4, 2016 - [at noodls] - DETROIT, Jan. 14, 2016 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, will release financial results ...
12/30/15 01:10 PMCovisint to Present Success Factors in Powering Ride Sharing and Multimodal Transportation at the 2016 Consumer Telematics Show (CTS) - [at noodls] - DETROIT, Dec. 30, 2015 (GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS), the leading Cloud Platform for building Identity and Internet of Things (IoT) applications, today announced Tim Evavold, director ...
12/21/15 11:22 AMCovisint Corp. Earnings Analysis: Q2, 2016 By the Numbers -
12/16/15 03:31 PMCOVISINT CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year -
12/08/15 12:17 PMCOVISINT CORP Financials -
12/03/15 03:26 PMLeading European Auto Manufacturer Selects Covisint as Global Standard for Identity Management - [at noodls] - Leading European Auto Manufacturer Selects Covisint as Global Standard for Identity Management
12/02/15 02:01 PMSpinoffs - Finding Value With Four Experts -
11/12/15 07:46 AMCOVISINT CORP Files SEC form 10-Q, Quarterly Report -
11/10/15 04:00 PMCovisint Corp Earnings Call scheduled for 5:00 pm ET today -
11/10/15 03:21 PMCovisint reports 2Q loss - [AP] - The Southfield, Michigan-based company said it had a loss of 10 cents per share. Losses, adjusted for one-time gains and costs, came to 9 cents per share. The information technology company posted revenue ...

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About Covisint Corp.

Covisint Corp. logoCovisint Corporation provides cloud engagement platform for enabling organizations to securely connect, engage and collaborate with large, distributed communities of customers, business partners and suppliers. The Company's Platform-as-a-Service offering enables global organizations to securely connect, engage and collaborate with large, extended networks of customers, business partners, suppliers and other third parties. The Company is a wholly-owned subsidiary of Compuware Corporation. The Company's solutions enables organizations to connect, engage, and collaborate with the critical external audiences that define their success including customers, business partners, and suppliers. Covisint allows its clients to establish a secure, reliable, integrated presence in the cloud, and offers the kind of engaging information experiences that people everywhere have come to expect.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: COVS
  • CUSIP:
Key Metrics:
  • Previous Close: $2.19
  • 50 Day Moving Average: $2.2113
  • 200 Day Moving Average: $1.9974
  • P/E Ratio: N/A
  • P/E Growth: -6.7700
  • Market Cap: $88.72M
  • Beta: 1.42
  • Current Year EPS Consensus Estimate: $-0.2900 EPS
  • Next Year EPS Consensus Estimate: $-0.1700 EPS
Additional Links:
Covisint Corp. (NASDAQ:COVS) Chart for Tuesday, July, 26, 2016