Compuware Corp. (CPWR) Announces Dividend of $0.13
Compuware Corp. (NASDAQ:CPWR) announced a dividend on Tuesday, May 27th, Analyst Ratings Network reports. Stockholders of record on Wednesday, June 4th will be paid a dividend of 0.125 per share on Wednesday, June 18th. The ex-dividend date is Monday, June 2nd.
CPWR has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Compuware Corp. in a research note on Tuesday. They now have a $10.00 price target on the stock. On the ratings front, analysts at Noble Financial reiterated a “buy” rating on shares of Compuware Corp. in a research note on Friday. They now have a $12.50 price target on the stock. Finally, analysts at TheStreet upgraded shares of Compuware Corp. from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $11.67.
Compuware Corp. (NASDAQ:CPWR) remained flat at $9.92 during during mid-day trading trading on Tuesday. 5,363,581 shares of the company’s stock traded hands. Compuware Corp. has a 52 week low of $9.66 and a 52 week high of $11.72. The stock has a 50-day moving average of $10.29 and a 200-day moving average of $10.57. The company has a market cap of $2.167 billion and a price-to-earnings ratio of 30.52.
Compuware Corp. (NASDAQ:CPWR) last posted its quarterly earnings results on Thursday, May 22nd. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The company had revenue of $183.40 million for the quarter, compared to the consensus estimate of $211.23 million. During the same quarter in the previous year, the company posted ($0.30) earnings per share. The company’s revenue for the quarter was down .5% on a year-over-year basis. Analysts expect that Compuware Corp. will post $0.42 EPS for the current fiscal year.
In other Compuware Corp. news, VP Siclen John Van sold 6,700 shares of the company’s stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $10.50, for a total value of $70,350.00. Following the transaction, the vice president now directly owns 20,873 shares in the company, valued at approximately $219,167. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Compuware Corporation provides software solutions (NASDAQ:CPWR) models), professional services and application services.
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