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The closing price of Coinbase Global Inc (NASDAQ: COIN) was $280.39 for the day, down -1.41% from the previous closing price of $284.41. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 5.95 million shares were traded. COIN stock price reached its highest trading level at $289.39 during the session, while it also had its lowest trading level at $278.68.
Ratios:
Our analysis of COIN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.60. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.48.
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, Mizuho on January 29, 2025, Upgraded its rating to Outperform and sets its target price to $290 from $250 previously.
On December 19, 2024, Monness Crespi & Hardt reiterated its Buy rating and also lowered its target price recommendation from $245 to $390.
Oppenheimer reiterated its Outperform rating for the stock on November 25, 2024, while the target price for the stock was revised from $265 to $358.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 04 ’25 when Fred Ehrsam bought 15,228 shares for $280.39 per share.
Brian Armstrong bought 25,000 shares of COIN for $7,110,250 on Feb 03 ’25. On Jan 24 ’25, another insider, Ehrsam Frederick Ernest III, who serves as the Director of the company, sold 10,216 shares for $310.14 each. As a result, the insider received 3,168,380 and left with 0 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, COIN now has a Market Capitalization of 70195642368 and an Enterprise Value of 66968260608. As of this moment, Coinbase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.93, and their Forward P/E ratio for the next fiscal year is 55.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.88 while its Price-to-Book (P/B) ratio in mrq is 8.04. Its current Enterprise Value per Revenue stands at 13.391 whereas that against EBITDA is 44.832.
Stock Price History:
The Beta on a monthly basis for COIN is 3.61, which has changed by 1.3298926 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, COIN has reached a high of $349.75, while it has fallen to a 52-week low of $114.51. The 50-Day Moving Average of the stock is -3.25%, while the 200-Day Moving Average is calculated to be 20.45%.
Shares Statistics:
COIN traded an average of 12.48M shares per day over the past three months and 8854540 shares per day over the past ten days. A total of 204.85M shares are outstanding, with a floating share count of 193.03M. Insiders hold about 22.90% of the company’s shares, while institutions hold 42.54% stake in the company. Shares short for COIN as of 1736899200 were 8190137 with a Short Ratio of 0.66, compared to 1734048000 on 8209585. Therefore, it implies a Short% of Shares Outstanding of 8190137 and a Short% of Float of 4.05.
Earnings Estimates
Coinbase Global Inc (COIN) is presently subject to a detailed evaluation by 15.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $1.37, with high estimates of $3.18 and low estimates of $0.41.
Analysts are recommending an EPS of between $9.1 and $4.57 for the fiscal current year, implying an average EPS of $6.4. EPS for the following year is $4.82, with 20.0 analysts recommending between $9.61 and $0.95.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. It ranges from a high estimate of $2.47B to a low estimate of $1.15B. As of the current estimate, Coinbase Global Inc’s year-ago sales were $953.79MFor the next quarter, 16 analysts are estimating revenue of $1.6B. There is a high estimate of $2.58B for the next quarter, whereas the lowest estimate is $1.18B.
A total of 21 analysts have provided revenue estimates for COIN’s current fiscal year. The highest revenue estimate was $6.76B, while the lowest revenue estimate was $5.28B, resulting in an average revenue estimate of $5.97B. In the same quarter a year ago, actual revenue was $3.11BBased on 18 analysts’ estimates, the company’s revenue will be $6.19B in the next fiscal year. The high estimate is $7.83B and the low estimate is $4.8B.
