Investing in Coupang Inc. (CPNG) is a safe bet with a significant edge

As of close of business last night, Coupang Inc.’s stock clocked out at $19.47, down -1.12% from its previous closing price of $19.69. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 9651772 shares were traded. CPNG stock price reached its highest trading level at $20.25 during the session, while it also had its lowest trading level at $19.30.

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Ratios:

To gain a deeper understanding of CPNG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, HSBC Securities on October 07, 2022, initiated with a Buy rating and assigned the stock a target price of $27.80.

On August 16, 2022, CLSA Downgraded its rating to Sell which previously was Outperform but kept the price unchanged to $16.40.

Deutsche Bank Downgraded its Buy to Hold on August 11, 2022, whereas the target price for the stock was revised from $15 to $18.50.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 15 when GREENOAKS CAPITAL PARTNERS LLC sold 600,000 shares for $19.24 per share. The transaction valued at 11,544,000 led to the insider holds 71,001,928 shares of the business.

GREENOAKS CAPITAL PARTNERS LLC sold 1,250,000 shares of CPNG for $22,675,000 on Nov 14. The Director now owns 71,601,928 shares after completing the transaction at $18.14 per share. On Nov 11, another insider, Sun Benjamin, who serves as the Director of the company, sold 50,000 shares for $19.15 each. As a result, the insider received 957,500 and left with 2,339,473 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 15.83.

Stock Price History:

Over the past 52 weeks, CPNG has reached a high of $30.65, while it has fallen to a 52-week low of $8.98. The 50-Day Moving Average of the stock is 17.66, while the 200-Day Moving Average is calculated to be 16.98.

Shares Statistics:

It appears that CPNG traded 7.02M shares on average per day over the past three months and 12.78M shares per day over the past ten days. A total of 1.77B shares are outstanding, with a floating share count of 1.58B. Insiders hold about 0.30% of the company’s shares, while institutions hold 80.10% stake in the company. Shares short for CPNG as of Oct 13, 2022 were 29.7M with a Short Ratio of 30.75M, compared to 34.11M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.68% and a Short% of Float of 2.93%.

Earnings Estimates

As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.06, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.02 and low estimates of -$0.06.

Analysts are recommending an EPS of between -$0.15 and -$0.43 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is -$0.04, with 7 analysts recommending between $0.13 and -$0.19.

Revenue Estimates

In the current quarter, 5 analysts expect revenue to total $5.19B. It ranges from a high estimate of $5.34B to a low estimate of $5.07B. As of the current estimate, Coupang Inc.’s year-ago sales were $4.85B, an estimated increase of 7.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $5.68B, an increase of 11.80% over than the figure of $7.10% in the same quarter last year. There is a high estimate of $5.89B for the next quarter, whereas the lowest estimate is $5.33B.

A total of 14 analysts have provided revenue estimates for CPNG’s current fiscal year. The highest revenue estimate was $21.43B, while the lowest revenue estimate was $19.55B, resulting in an average revenue estimate of $20.76B. In the same quarter a year ago, actual revenue was $18.41B, up 12.80% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $24.44B in the next fiscal year. The high estimate is $26.54B and the low estimate is $20.94B. The average revenue growth estimate for next year is up 17.70% from the average revenue estimate for this year.