Daily Progress: Coupang Inc (CPNG) Gain 0.08, Closing at 24.20

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In the latest session, Coupang Inc (NYSE: CPNG) closed at $24.20 up 0.08% from its previous closing price of $24.18. In other words, the price has increased by $0.08 from its previous closing price. On the day, 5.13 million shares were traded. CPNG stock price reached its highest trading level at $24.735 during the session, while it also had its lowest trading level at $24.03.

Ratios:

For a deeper understanding of Coupang Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.72.

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, CLSA on September 04, 2024, Upgraded its rating to Outperform and sets its target price to $31 from $18 previously.

On May 16, 2024, UBS Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $26.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 22 ’24 when GREENOAKS CAPITAL PARTNERS LLC bought 200,000 shares for $22.93 per share. The transaction valued at 4,586,340 led to the insider holds 50,676,224 shares of the business.

GREENOAKS CAPITAL PARTNERS LLC bought 100,000 shares of CPNG for $2,294,980 on Aug 21 ’24. The Director now owns 50,476,224 shares after completing the transaction at $22.95 per share. On Aug 19 ’24, another insider, Sun Benjamin, who serves as the Director of the company, sold 200,000 shares for $23.36 each. As a result, the insider received 4,672,000 and left with 1,969,421 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 43371724800 and an Enterprise Value of 41677647872. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.70, and their Forward P/E ratio for the next fiscal year is 44.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 59.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 11.23. Its current Enterprise Value per Revenue stands at 1.533 whereas that against EBITDA is 63.436.

Stock Price History:

Over the past 52 weeks, CPNG has reached a high of $24.66, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 10.19%, while the 200-Day Moving Average is calculated to be 23.78%.

Shares Statistics:

For the past three months, CPNG has traded an average of 7.09M shares per day and 6910950 over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.19B. Insiders hold about 33.81% of the company’s shares, while institutions hold 51.82% stake in the company. Shares short for CPNG as of 1724976000 were 17559538 with a Short Ratio of 2.48, compared to 1722384000 on 22270353. Therefore, it implies a Short% of Shares Outstanding of 17559538 and a Short% of Float of 1.76.

Earnings Estimates

The dynamic stock of Coupang Inc (CPNG) is currently being evaluated by a team of 5.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.02, with high estimates of $0.08 and low estimates of -$0.01.

Analysts are recommending an EPS of between $0.02 and -$0.07 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.53, with 11.0 analysts recommending between $0.78 and $0.0.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $7.74B this quarter.It ranges from a high estimate of $7.83B to a low estimate of $7.64B. As of the current estimate, Coupang Inc’s year-ago sales were $5.94BFor the next quarter, 6 analysts are estimating revenue of $8.22B. There is a high estimate of $8.43B for the next quarter, whereas the lowest estimate is $8.04B.

A total of 16 analysts have provided revenue estimates for CPNG’s current fiscal year. The highest revenue estimate was $31.36B, while the lowest revenue estimate was $29.49B, resulting in an average revenue estimate of $30.33B. In the same quarter a year ago, actual revenue was $24.38BBased on 15 analysts’ estimates, the company’s revenue will be $35.36B in the next fiscal year. The high estimate is $36.9B and the low estimate is $34.14B.

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