After finishing at $18.96 in the prior trading day, Coupang Inc (NYSE: CPNG) closed at $18.37, down -3.11%. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 13273379 shares were traded. CPNG stock price reached its highest trading level at $19.04 during the session, while it also had its lowest trading level at $18.21.
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Ratios:
Our goal is to gain a better understanding of CPNG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.97. 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 Feb 02 ’24 when Kolari Pranam sold 2,356 shares for $13.88 per share. The transaction valued at 32,701 led to the insider holds 182,844 shares of the business.
Kim Tae Jung sold 5,350 shares of CPNG for $85,600 on Jan 02 ’24. The insider now owns 248,240 shares after completing the transaction at $16.00 per share. On Dec 04 ’23, another insider, Kim Tae Jung, who serves as the insider of the company, sold 940 shares for $15.50 each. As a result, the insider received 14,570 and left with 253,590 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 32.94B and an Enterprise Value of 30.49B. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.43, and their Forward P/E ratio for the next fiscal year is 30.07. 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 8.05. Its current Enterprise Value per Revenue stands at 1.25 whereas that against EBITDA is 33.61.
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 $12.66. The 50-Day Moving Average of the stock is 15.74, while the 200-Day Moving Average is calculated to be 16.77.
Shares Statistics:
The stock has traded on average 10.81M shares per day over the past 3-months and 17.73M shares per day over the last 10 days, according to various share statistics. A total of 1.62B shares are outstanding, with a floating share count of 1.16B. Insiders hold about 35.09% of the company’s shares, while institutions hold 50.24% stake in the company. Shares short for CPNG as of Feb 15, 2024 were 20.14M with a Short Ratio of 1.86, compared to 21.05M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.12% and a Short% of Float of 1.82%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.09 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 $0.42 and $0.13 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.58, with 7 analysts recommending between $0.74 and $0.31.
Revenue Estimates
6 analysts predict $6.84B in revenue for the current quarter. It ranges from a high estimate of $7.19B to a low estimate of $6.53B. As of the current estimate, Coupang Inc’s year-ago sales were $5.8B, an estimated increase of 17.90% from the year-ago figure.
A total of 10 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 $28.84B. In the same quarter a year ago, actual revenue was $24.38B, up 18.30% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $33.29B 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 15.40% from the average revenue estimate for this year.
