Evercore Partners Lowers Compuware to Equal Weight (CPWR)
Several other analysts have also recently commented on the stock. Analysts at Noble Financial cut their price target on shares of Compuware from $11.60 to $0.90 in a research note on Thursday, July 31st. Analysts at Zacks reiterated a “neutral” rating on shares of Compuware in a research note on Monday, July 28th. They now have a $10.00 price target on the stock.
Compuware (NASDAQ:CPWR) traded up 12.46% during mid-day trading on Tuesday, hitting $10.515. 34,541,084 shares of the company’s stock traded hands. Compuware has a one year low of $8.94 and a one year high of $11.39. The stock has a 50-day moving average of $9.29 and a 200-day moving average of $10.01. The company has a market cap of $2.315 billion and a P/E ratio of 33.51.
Compuware (NASDAQ:CPWR) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $164.50 million for the quarter, compared to the consensus estimate of $165.60 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. Analysts expect that Compuware will post $0.44 EPS for the current fiscal year.
Compuware Corporation delivers services , software and practices that enables technologies to perform at their peak.
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