After finishing at $16.07 in the prior trading day, Coursera Inc (NYSE: COUR) closed at $15.93, down -0.87%. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 918254 shares were traded.
Ratios:
Our goal is to gain a better understanding of COUR 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 3.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 188.84. For the most recent quarter (mrq), Quick Ratio is recorded 2.70 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Goldman on January 19, 2024, Downgraded its rating to Sell and sets its target price to $14 from $18 previously.
On October 12, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $24.
Cantor Fitzgerald Upgraded its Neutral to Overweight on July 28, 2023, whereas the target price for the stock was revised from $13 to $17.
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 27 when Belsky Leah F. sold 42,756 shares for $16.29 per share. The transaction valued at 696,589 led to the insider holds 837,338 shares of the business.
Ng Andrew Y. sold 25,000 shares of COUR for $405,442 on Feb 21. The Director now owns 7,083,074 shares after completing the transaction at $16.22 per share. On Feb 20, another insider, Ng Andrew Y., who serves as the Director of the company, sold 50,000 shares for $16.49 each. As a result, the insider received 824,340 and left with 7,108,074 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, COUR now has a Market Capitalization of 2.50B and an Enterprise Value of 1.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.93 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 2.81 whereas that against EBITDA is -13.82.
Stock Price History:
Over the past 52 weeks, COUR has reached a high of $21.26, while it has fallen to a 52-week low of $9.91. The 50-Day Moving Average of the stock is 18.36, while the 200-Day Moving Average is calculated to be 16.88.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 1.41M shares per day over the last 10 days, according to various share statistics. A total of 155.32M shares are outstanding, with a floating share count of 116.22M. Insiders hold about 25.95% of the company’s shares, while institutions hold 69.59% stake in the company. Shares short for COUR as of Feb 15, 2024 were 5.03M with a Short Ratio of 3.22, compared to 4.93M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.21% and a Short% of Float of 4.28%.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.04, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.03, with high estimates of $0.05 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.25 and $0 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.29, with 12 analysts recommending between $0.41 and $0.14.
Revenue Estimates
13 analysts predict $170.43M in revenue for the current quarter. It ranges from a high estimate of $172.84M to a low estimate of $167.6M. As of the current estimate, Coursera Inc’s year-ago sales were $147.64M, an estimated increase of 15.40% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $177.82M, an increase of 15.70% over than the figure of $15.40% in the same quarter last year. There is a high estimate of $179.4M for the next quarter, whereas the lowest estimate is $176M.
A total of 14 analysts have provided revenue estimates for COUR’s current fiscal year. The highest revenue estimate was $740.78M, while the lowest revenue estimate was $732.33M, resulting in an average revenue estimate of $736.45M. In the same quarter a year ago, actual revenue was $635.76M, up 15.80% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $848.48M in the next fiscal year. The high estimate is $870.48M and the low estimate is $832.39M. The average revenue growth estimate for next year is up 15.20% from the average revenue estimate for this year.
