About Covisint Corp (NASDAQ:COVS)
Covisint 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: Technology
- Industry: IT Services & Consulting
- Sub-Industry: N/A
- Symbol: NASDAQ:COVS
- CUSIP: N/A
- Web: https://www.covisint.com/
- 50 Day Moving Avg: $2.44
- 200 Day Moving Avg: $2.09
- 52 Week Range: $1.71 - $2.50
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -14.41
- P/E Growth: 0.00
- Net Margins: 8.37%
- Return on Equity: 10.72%
- Return on Assets: 7.55%
- Current Ratio: 2.22%
- Quick Ratio: 2.22%
- Average Volume: 333,143 shs.
- Beta: 1.26
Frequently Asked Questions for Covisint Corp (NASDAQ:COVS)
What is Covisint Corp's stock symbol?
Covisint Corp trades on the NASDAQ under the ticker symbol "COVS."
How were Covisint Corp's earnings last quarter?
Covisint Corp (NASDAQ:COVS) posted its earnings results on Monday, June, 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.10. The firm earned $20 million during the quarter. Covisint Corp had a net margin of 8.37% and a return on equity of 10.72%. View Covisint Corp's Earnings History.
Who are some of Covisint Corp's key competitors?
Some companies that are related to Covisint Corp include International Business Machines Corporation (IBM), Accenture Plc (ACN), Automatic Data Processing (ADP), Vmware (VMW), Cognizant Technology Solutions Corporation (CTSH), NetEase (NTES), Infosys Limited (INFY), Wipro Limited (WIT), CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), Gartner (IT), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY) and F5 Networks (FFIV).
Who are Covisint Corp's key executives?
Covisint Corp's management team includes the folowing people:
- Samuel M. Inman III, Chief Executive Officer, Director
- Enrico Digirolamo, Chief Financial Officer
- Aaron J. Aubrecht, Senior Vice President - Products & Marketing
- Steven R. Asam, Senior Vice President - Delivery, Operations and Engineering
- John F. Smith, Non-Executive Chairman of the Board
- Bernard M. Goldsmith, Independent Director
- William Otto Grabe, Independent Director
- Lawrence David Hansen, Independent Director
- Hansen David Lawrence, Independent Director
What is Covisint Corp's stock price today?
MarketBeat Community Rating for Covisint Corp (NASDAQ COVS)MarketBeat's community ratings are surveys of what our community members think about Covisint Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Covisint Corp stock can currently be purchased for approximately $2.45.
Consensus Ratings for Covisint Corp (NASDAQ:COVS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Covisint Corp (NASDAQ:COVS)
Analysts' Ratings History for Covisint Corp (NASDAQ:COVS)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/7/2016||Credit Suisse Group||Reiterated Rating||Sell||$1.75||N/A|
Earnings History for Covisint Corp (NASDAQ:COVS)Earnings History by Quarter for Covisint Corp (NASDAQ COVS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/5/2017||Q4 2017||($0.01)||$0.05||$18.98 million||View||Listen|
|2/9/2017||Q3 2017||($0.05)||($0.10)||$16.65 million||View||Listen|
|11/10/2015||Q2||($0.12)||($0.09)||$18.20 million||$18.40 million||View||Listen|
|8/6/2015||Q116||($0.14)||($0.13)||$17.98 million||$15.70 million||View||N/A|
|5/20/2015||Q415||($0.05)||($0.06)||$22.20 million||$23.46 million||View||Listen|
|2/10/2015||Q315||($0.05)||($0.11)||$20.54 million||$15.70 million||View||N/A|
|10/23/2014||Q315||$0.07||($0.13)||$170.80 million||$21.70 million||View||Listen|
|7/29/2014||Q115||($0.20)||($0.23)||$20.60 million||$21.60 million||View||N/A|
|5/22/2014||Q414||($0.11)||($0.17)||$24.66 million||$24.40 million||View||N/A|
|1/22/2014||Q314||($0.10)||($0.10)||$27.00 million||$17.60 million||View||N/A|
|10/24/2013||($0.13)||($0.08)||$24.13 million||$24.50 million||View||N/A|
Earnings Estimates for Covisint Corp (NASDAQ:COVS)
Current Year EPS Consensus Estimate: $-0.29 EPS
Next Year EPS Consensus Estimate: $-0.17 EPS
Dividend History for Covisint Corp (NASDAQ:COVS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Covisint Corp (NASDAQ:COVS)
Insider Ownership Percentage: 3.90%Insider Trades by Quarter for Covisint Corp (NASDAQ:COVS)
Institutional Ownership Percentage: 65.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/19/2016||William O Grabe||Director||Buy||74,485||$1.94||$144,500.90|| |
|2/12/2016||William O. Grabe||Director||Buy||2,100||$1.75||$3,675.00|| |
|2/10/2016||Enrico Digirolamo||CFO||Buy||15,000||$1.78||$26,700.00|| |
|2/9/2016||William O. Grabe||Director||Buy||68,493||$1.83||$125,342.19|| |
|12/11/2015||Steven R. Asam||SVP||Sell||6,613||$2.31||$15,276.03|| |
|11/24/2015||Bernard M. Goldsmith||Director||Buy||9,900||$2.46||$24,354.00|| |
|12/9/2014||Steven R Asam||SVP||Sell||17,793||$2.58||$45,905.94|| |
|12/8/2014||Steven R Asam||SVP||Sell||35,807||$2.35||$84,146.45|| |
|6/5/2014||Corp Compuware||Major Shareholder||Buy||1,363,920||$4.00||$5,455,680.00|| |
|6/4/2014||Corp Compuware||Major Shareholder||Buy||18,000||$4.10||$73,800.00|| |
|1/27/2014||David Mcguffie||CEO||Buy||8,000||$9.21||$73,680.00|| |
Headline Trends for Covisint Corp (NASDAQ:COVS)
Latest Headlines for Covisint Corp (NASDAQ:COVS)
Covisint Corp (COVS) Chart for Saturday, October, 21, 2017