Covisint Corporation Company Profile (NASDAQ:COVS)

About Covisint Corporation

Covisint Corporation logoCovisint Corporation provides an open, enterprise class cloud platform (Platform) enabling organizations to build solutions that identify, authenticate and connect users, devices, applications and information. The Company's Auto Supply Portal is involved in the development and integration of three cloud-based technologies, such as identity management, data integration and exchange services, and portal services. The Company's Platform is delivered through the cloud as a Platform as a Service (PaaS). The Company's Platform supports production-critical applications, and offers security, scalability and reliability. The Platform's various capabilities include Identity services, Messaging and orchestration services and Internet of Things (IoT) Services. Its customers include large, across the globe distributed organizations and mid-sized organizations with external business relationships, as well as the participants in their business relationships.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: COVS
  • CUSIP:
Key Metrics:
  • Previous Close: $2.00
  • 50 Day Moving Average: $2.02
  • 200 Day Moving Average: $2.13
  • 52-Week Range: $1.50 - $2.48
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -11.76
  • P/E Growth: 0.00
  • Market Cap: $81.73M
  • Outstanding Shares: 40,865,000
  • Beta: 1.29
Profitability:
  • Net Margins: -20.25%
  • Return on Equity: -22.17%
  • Return on Assets: -15.29%
Debt:
  • Current Ratio: 1.86%
  • Quick Ratio: 1.86%
Additional Links:
Companies Related to Covisint Corporation:

Analyst Ratings

Consensus Ratings for Covisint Corporation (NASDAQ:COVS) (?)
Ratings Breakdown: 1 Sell Rating
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $1.75 (12.50% downside)

Analysts' Ratings History for Covisint Corporation (NASDAQ:COVS)
Show:
DateFirmActionRatingPrice TargetDetails
6/7/2016Credit Suisse GroupReiterated RatingSell$1.75View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Covisint Corporation (NASDAQ:COVS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2017        
6/6/2016Q4($0.11)($0.01)$20.00 millionViewListenView Earnings Details
2/4/2016Q3($0.11)($0.09)ViewN/AView Earnings Details
11/10/2015Q2($0.12)($0.09)$18.20 million$18.40 millionViewListenView Earnings Details
8/6/2015Q116($0.14)($0.13)$17.98 million$15.70 millionViewN/AView Earnings Details
5/20/2015Q415($0.05)($0.06)$22.20 million$23.46 millionViewListenView Earnings Details
2/10/2015Q315($0.05)($0.11)$20.54 million$15.70 millionViewN/AView Earnings Details
10/23/2014Q315$0.07($0.13)$170.80 million$21.70 millionViewListenView Earnings Details
7/29/2014Q115($0.20)($0.23)$20.60 million$21.60 millionViewN/AView Earnings Details
5/22/2014Q414($0.11)($0.17)$24.66 million$24.40 millionViewN/AView Earnings Details
1/22/2014Q314($0.10)($0.10)$27.00 million$17.60 millionViewN/AView Earnings Details
10/24/2013($0.13)($0.08)$24.13 million$24.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Covisint Corporation (NASDAQ:COVS)
Current Year EPS Consensus Estimate: $-0.29 EPS
Next Year EPS Consensus Estimate: $-0.17 EPS

Dividends

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

Insider Trades

Insider Trading History for Covisint Corporation (NASDAQ:COVS)
Insider Ownership Percentage: 3.90%
Institutional Ownership Percentage: 68.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/19/2016William O GrabeDirectorBuy74,485$1.94$144,500.90View SEC Filing  
2/12/2016William O. GrabeDirectorBuy2,100$1.75$3,675.00View SEC Filing  
2/10/2016Enrico DigirolamoCFOBuy15,000$1.78$26,700.00View SEC Filing  
2/9/2016William O. GrabeDirectorBuy68,493$1.83$125,342.19View SEC Filing  
12/11/2015Steven R. AsamSVPSell6,613$2.31$15,276.03View SEC Filing  
11/24/2015Bernard M. GoldsmithDirectorBuy9,900$2.46$24,354.00View SEC Filing  
12/9/2014Steven R AsamSVPSell17,793$2.58$45,905.94View SEC Filing  
12/8/2014Steven R AsamSVPSell35,807$2.35$84,146.45View SEC Filing  
6/5/2014Corp CompuwareMajor ShareholderBuy1,363,920$4.00$5,455,680.00View SEC Filing  
6/4/2014Corp CompuwareMajor ShareholderBuy18,000$4.10$73,800.00View SEC Filing  
1/27/2014David McguffieCEOBuy8,000$9.21$73,680.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Covisint Corporation (NASDAQ:COVS)
DateHeadline
finance.yahoo.com logoCOVISINT CORP Financials (NASDAQ:COVS)
finance.yahoo.com - February 16 at 11:47 AM
globenewswire.com logoCovisint Corporation Announces Third Quarter Fiscal 2017 Financial Results - GlobeNewswire (press release) (NASDAQ:COVS)
globenewswire.com - February 10 at 9:50 PM
seekingalpha.com logoCovisint's (COVS) CEO Sam Inman on Q3 2017 Results - Earnings Call Transcript (NASDAQ:COVS)
seekingalpha.com - February 9 at 9:52 PM
sg.finance.yahoo.com logoCovisint reports 3Q loss (NASDAQ:COVS)
sg.finance.yahoo.com - February 9 at 9:52 PM
biz.yahoo.com logoQ3 2017 Covisint Corp Earnings Release - After Market Close (NASDAQ:COVS)
biz.yahoo.com - February 9 at 4:49 PM
finance.yahoo.com logoCovisint Corporation Announces Third Quarter Fiscal 2017 Financial Results (NASDAQ:COVS)
finance.yahoo.com - February 9 at 4:49 PM
biz.yahoo.com logoCOVISINT CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:COVS)
biz.yahoo.com - February 9 at 4:49 PM
finance.yahoo.com logoCovisint Launches the Most Complete IoT Platform for Enabling Digital Transformation (NASDAQ:COVS)
finance.yahoo.com - February 6 at 9:32 PM
News IconMA Levels in Review for Covisint Corporation (COVS) - Sherwood Daily (NASDAQ:COVS)
sherwooddaily.com - February 2 at 4:49 PM
News IconOn the Hunt For the Next Wonder Stock: Penny Stock Covisint Corporation (NASDAQ:COVS) - Nelson Research (NASDAQ:COVS)
nelsonobserver.com - February 1 at 4:46 PM
News IconInvestor Guide: Check on Technical Levels for Covisint Corporation (COVS) - Sherwood Daily (NASDAQ:COVS)
sherwooddaily.com - February 1 at 4:46 PM
News IconAre Big Holders Curtailing Positions in Covisint Corporation (NASDAQ:COVS) - Wall Street Beacon (NASDAQ:COVS)
wsbeacon.com - February 1 at 4:46 PM
News IconNewsworthy Wonder Stock: Penny Stock Investors Looking at Covisint Corporation (NASDAQ:COVS) - Nelson Research (NASDAQ:COVS)
nelsonobserver.com - February 1 at 4:36 AM
News IconStock Spotlight: Looking at the Levels for Covisint Corporation (NASDAQ:COVS) - The Tribune (NASDAQ:COVS)
lakecitytribune.com - January 31 at 10:00 PM
News IconSmall Cap Concentration on Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 31 at 10:00 PM
News IconOff To a Slow Start in The New Year, Stock Looks For a Turnaround: Covisint Corporation (NASDAQ:COVS) - Aiken Advocate (NASDAQ:COVS)
aikenadvocate.com - January 29 at 4:33 PM
News IconVolatility Watch on Shares of Covisint Corporation (NASDAQ:COVS) - The Tribune (NASDAQ:COVS)
lakecitytribune.com - January 26 at 10:37 PM
News IconInvestor Corner: Checking in on Shares of Covisint Corporation (COVS) - Sherwood Daily (NASDAQ:COVS)
sherwooddaily.com - January 26 at 5:34 PM
News IconChina Forceps for Dental Prosthesis Market 2021: Business Development Analysis (NASDAQ:COVS)
reports.pr-inside.com - January 26 at 3:37 AM
News IconCurious Investors Should Take a Look at This Small Cap Stock: Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 25 at 10:36 PM
News IconThis Weeks Target Prices For Covisint Corporation (NASDAQ:COVS) - NewsDen (NASDAQ:COVS)
newsden.net - January 25 at 10:36 PM
finance.yahoo.com logoCovisint Recognized as Supplier of the Year for Second Consecutive Year by SAIC General Motors - Yahoo Finance (NASDAQ:COVS)
finance.yahoo.com - January 25 at 10:36 PM
News IconIs Trouble Brewing For This Stock? Shares Gapping Lower: Covisint Corporation (NASDAQ:COVS) - Aiken Advocate (NASDAQ:COVS)
aikenadvocate.com - January 25 at 10:36 PM
News IconTrading Views: Checking the Numbers for Covisint Corporation (COVS) - Sherwood Daily (NASDAQ:COVS)
sherwooddaily.com - January 25 at 10:36 PM
News IconOutlook of China Hair Drier Market: Research Report during 2016-2021 (NASDAQ:COVS)
reports.pr-inside.com - January 25 at 5:35 PM
News IconEurope Micafungin Sodium for Injection Industry Market Research Report 2017 (NASDAQ:COVS)
reports.pr-inside.com - January 25 at 3:05 AM
finanznachrichten.de logoCovisint Corporation: Covisint Recognized as Supplier of the Year for Second Consecutive Year by SAIC General Motors (NASDAQ:COVS)
www.finanznachrichten.de - January 24 at 10:02 PM
finance.yahoo.com logoCovisint Recognized as Supplier of the Year for Second Consecutive Year by SAIC General Motors (NASDAQ:COVS)
finance.yahoo.com - January 24 at 10:02 PM
globenewswire.com logoCovisint Corporation to Announce Third Quarter Fiscal 2017 Earnings Results ... (NASDAQ:COVS)
globenewswire.com - January 19 at 10:44 PM
finance.yahoo.com logoCovisint Corporation to Announce Third Quarter Fiscal 2017 Earnings Results on February 9, 2017 (NASDAQ:COVS)
finance.yahoo.com - January 19 at 10:44 PM
News IconInvestors Priming the Pump as Stock Reaches Most Volatile List: Covisint Corporation (NASDAQ:COVS) - Wall Street Beacon (NASDAQ:COVS)
wsbeacon.com - January 17 at 5:19 PM
News IconKnuckling Down on Shares of Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 17 at 5:19 PM
News IconAre There Any Catalysts to Propel Shares of Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 12 at 2:55 AM
News IconAre Institutions Jumping Ship on Covisint Corporation (NASDAQ:COVS) - Wall Street Beacon (NASDAQ:COVS)
wsbeacon.com - January 12 at 2:55 AM
seekingalpha.com logoCovisint: A Standard Small-Cap Story With One Major Exception (NASDAQ:COVS)
seekingalpha.com - January 11 at 4:52 PM
capitalcube.com logoETFs with exposure to Covisint Corp. : January 11, 2017 (NASDAQ:COVS)
www.capitalcube.com - January 11 at 4:52 PM
News IconAre These Shares a Bargain: Update on Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 10 at 5:10 PM
News IconNear-Term, Can This Stock Move the Needle: Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 5 at 3:33 AM
News IconUnder the Microscope We Place Shares of Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - January 3 at 5:00 PM
News IconPopping up on Watch-lists are Shares of Covisint Corporation (NASDAQ:COVS) - Prospect Journal (NASDAQ:COVS)
prospectjournal.com - December 30 at 9:52 PM
insidermonkey.com logoS&W Seed Company (SANW): How Does It Stack Up Against Its Peers? - Insider Monkey (blog) (NASDAQ:COVS)
www.insidermonkey.com - December 15 at 3:32 AM
News IconFrom Mining to Dining - Australia is transitioning (NASDAQ:COVS)
www.pr-inside.com - December 8 at 4:18 PM
News Icon市場調査レポート:Europe Coated Abrasives Industry Market Research Report 2016 (NASDAQ:COVS)
reports.pr-inside.com - December 8 at 4:18 PM
finanznachrichten.de logoCovisint Corporation: Covisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China (NASDAQ:COVS)
www.finanznachrichten.de - December 8 at 7:15 AM
News IconMIPIM Asia Summit 2016 Uncovers Disruptive Developments, Technologies and Trends Influencing the Global Property Industry (NASDAQ:COVS)
www.pr-inside.com - December 8 at 7:15 AM
News IconJapan Connected Thermostat Industry Market Research Report 2016 (NASDAQ:COVS)
reports.pr-inside.com - December 8 at 7:15 AM
News IconGlobal And China Methyl Ethyl Ketone Peroxide Deep Market Research Report 2016 (NASDAQ:COVS)
reports.pr-inside.com - December 7 at 10:05 PM
us.rd.yahoo.com logo5:01 pm Covisint signs agreements with Chinese automotive OEMs, SAIC General Motors and NextEV to launch supplier engagement platforms (NASDAQ:COVS)
us.rd.yahoo.com - December 7 at 10:05 PM
finance.yahoo.com logoCovisint Launches Supplier Engagement Platform for SAIC General Motors and NextEV in China (NASDAQ:COVS)
finance.yahoo.com - December 7 at 5:05 PM
News IconCovisint Corporation (NASDAQ:COVS) Under Analyst Spotlight - UK Market News (NASDAQ:COVS)
www.ukmarketnews.co.uk - December 6 at 4:44 PM

Social

What is Covisint Corporation's stock symbol?

Covisint Corporation trades on the NASDAQ under the ticker symbol "COVS."

Where is Covisint Corporation's stock going? Where will Covisint Corporation's stock price be in 2017?

1 equities research analysts have issued 1 year price targets for Covisint Corporation's stock. Their forecasts range from $1.75 to $1.75. On average, they anticipate Covisint Corporation's share price to reach $1.75 in the next year.

When will Covisint Corporation announce their earnings?

Covisint Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 9th 2017.

Who owns Covisint Corporation stock?

Covisint Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (14.78%), J. Goldman & Co LP (8.27%), Elliott Management Corp (7.22%), Renaissance Technologies LLC (2.22%), Dimensional Fund Advisors LP (1.19%) and Russell Investments Group Ltd. (0.96%). Company insiders that own Covisint Corporation stock include Bernard M Goldsmith, Enrico Digirolamo, Steven R Asam and William O Grabe.

Who sold Covisint Corporation stock? Who is selling Covisint Corporation stock?

Covisint Corporation's stock was sold by a variety of institutional investors in the last quarter, including J. Goldman & Co LP and FMR LLC.

Who bought Covisint Corporation stock? Who is buying Covisint Corporation stock?

Covisint Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP and Renaissance Technologies LLC. Company insiders that have bought Covisint Corporation stock in the last two years include Bernard M Goldsmith, Enrico Digirolamo and William O Grabe.

How do I buy Covisint Corporation stock?

Shares of Covisint Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Covisint Corporation stock cost?

One share of Covisint Corporation stock can currently be purchased for approximately $2.00.

Covisint Corporation (NASDAQ:COVS) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Covisint Corporation (NASDAQ:COVS)

Earnings History Chart

Earnings by Quarter for Covisint Corporation (NASDAQ:COVS)

Dividend History Chart

Dividend Payments by Quarter for Covisint Corporation (NASDAQ:COVS)

Last Updated on 2/24/2017 by MarketBeat.com Staff