Coupang Inc (NYSE: CPNG) closed the day trading at $18.32 up 0.16% from the previous closing price of $18.29. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 13285400 shares were traded. CPNG stock price reached its highest trading level at $18.70 during the session, while it also had its lowest trading level at $18.20.
Ratios:
For a better understanding of CPNG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.47.
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 the company, Deutsche Bank on February 29, 2024, Upgraded its rating to Buy and sets its target price to $21 from $18.50 previously.
On January 16, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $20 to $17.
UBS Downgraded its Buy to Neutral on December 20, 2023, whereas the target price for the stock was revised from $26 to $18.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 18 ’24 when Rogers Harold sold 139,080 shares for $18.25 per share. The transaction valued at 2,538,210 led to the insider holds 394,192 shares of the business.
MEHTA NEIL sold 1,600,000 shares of CPNG for $29,894,831 on Mar 14 ’24. The Director now owns 48,006,135 shares after completing the transaction at $18.68 per share. On Mar 13 ’24, another insider, SVF Investments (UK) Ltd, who serves as the 10% Owner of the company, sold 15,000,000 shares for $19.60 each. As a result, the insider received 294,000,000 and left with 349,542,259 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPNG now has a Market Capitalization of 32.85B and an Enterprise Value of 30.40B. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.36, and their Forward P/E ratio for the next fiscal year is 30.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 1.25 whereas that against EBITDA is 33.51.
Stock Price History:
Over the past 52 weeks, CPNG has reached a high of $19.99, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 16.67, while the 200-Day Moving Average is calculated to be 16.98.
Shares Statistics:
Over the past 3-months, CPNG traded about 12.57M shares per day on average, while over the past 10 days, CPNG traded about 10.73M shares per day. A total of 1.62B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 34.66% of the company’s shares, while institutions hold 50.24% stake in the company. Shares short for CPNG as of Mar 15, 2024 were 30.13M with a Short Ratio of 2.40, compared to 20.14M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.68% and a Short% of Float of 2.72%.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.1 and a low estimate of $0.04, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.07, with high estimates of $0.1 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.44 and $0.13 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.59, with 9 analysts recommending between $0.74 and $0.31.
Revenue Estimates
7 analysts predict $6.79B in revenue for the current quarter. It ranges from a high estimate of $7.19B to a low estimate of $6.49B. As of the current estimate, Coupang Inc’s year-ago sales were $5.8B, an estimated increase of 17.00% from the year-ago figure.
A total of 12 analysts have provided revenue estimates for CPNG’s current fiscal year. The highest revenue estimate was $30.37B, while the lowest revenue estimate was $25.92B, resulting in an average revenue estimate of $28.78B. In the same quarter a year ago, actual revenue was $24.38B, up 18.00% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $33.34B in the next fiscal year. The high estimate is $34.23B and the low estimate is $31.29B. The average revenue growth estimate for next year is up 15.80% from the average revenue estimate for this year.
