Coursera Inc (COUR) Stock Closes down -3.39% Tuesday’s

Coursera Inc (NYSE: COUR) closed the day trading at $11.98 down -3.39% from the previous closing price of $12.40. On the day, 2537844 shares were traded.

Ratios:

For a better understanding of COUR, 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 2.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 142.01. 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 Apr 11 ’24 when Maggioncalda Jeffrey Nacey sold 50,000 shares for $13.14 per share. The transaction valued at 656,760 led to the insider holds 2,227,496 shares of the business.

Maggioncalda Jeffrey Nacey sold 50,000 shares of COUR for $703,205 on Mar 28 ’24. The President & CEO now owns 2,277,496 shares after completing the transaction at $14.06 per share. On Mar 21 ’24, another insider, Belsky Leah F., who serves as the Chief Revenue Officer of the company, sold 10,000 shares for $14.46 each. As a result, the insider received 144,589 and left with 903,282 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 3.02.

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.

Shares Statistics:

A total of 155.32M shares are outstanding, with a floating share count of 142.68M. Insiders hold about 9.09% of the company’s shares, while institutions hold 69.54% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from Coherent Corp. analysts. The consensus estimate for the next quarter is $238.26, with high estimates of $11.98 and low estimates of $62.14.

Analysts are recommending an EPS of between $Consumer Defensive and $Technology for the fiscal current year, implying an average EPS of $Healthcare.

Most Popular

[the_ad id="945"]