Compuware Corp. (NASDAQ:CPWR) issued its quarterly earnings data on Tuesday. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.05, ARN reports. The company had revenue of $227.50 million for the quarter, compared to the consensus estimate of $226.92 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis.
A number of research firms have recently commented on CPWR. Analysts at Susquehanna raised their price target on shares of Compuware Corp. from $11.00 to $12.50 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Compuware Corp. in a research note to investors on Monday. They now have a $11.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Compuware Corp. from a “buy” rating to a “hold” rating in a research note to investors on Thursday, May 23rd.
Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $12.36.
Shares of Compuware Corp. (NASDAQ: CPWR) traded down 0.09% during mid-day trading on Tuesday, hitting $10.99. Compuware Corp. has a 52 week low of $7.97 and a 52 week high of $12.74. The stock’s 50-day moving average is currently $10.71. The company’s market cap is $2.346 billion.
Compuware Corporation provides software solutions (NASDAQ: CPWR) models), professional services and application services.
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