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The price of Coinbase Global Inc (NASDAQ: COIN) closed at $264.63 in the last session, down -3.53% from day before closing price of $274.31. In other words, the price has decreased by -$3.53 from its previous closing price. On the day, 11.48 million shares were traded.
Ratios:
We take a closer look at COIN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.64. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.42.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 18 ’25 when Fred Ehrsam bought 11,421 shares for $264.63 per share.
Ehrsam Frederick Ernest III sold 7,614 shares of COIN for $2,246,908 on Feb 13 ’25. The Director now owns 0 shares after completing the transaction at $295.10 per share. On Feb 18 ’25, another insider, HAAS ALESIA J, who serves as the Officer of the company, bought 7,241 shares for $278.80 each.
Valuation Measures:
As of this moment, Coinbase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.88, and their Forward P/E ratio for the next fiscal year is 34.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.29 while its Price-to-Book (P/B) ratio in mrq is 6.53.
Stock Price History:
Over the past 52 weeks, COIN has reached a high of $349.75, while it has fallen to a 52-week low of $146.12. The 50-Day Moving Average of the stock is -6.99%, while the 200-Day Moving Average is calculated to be 12.52%.
Shares Statistics:
A total of 209.76M shares are outstanding, with a floating share count of 199.67M. Insiders hold about 21.35% of the company’s shares, while institutions hold 45.33% stake in the company.
Earnings Estimates
The stock of Coinbase Global Inc (COIN) is currently drawing attention from 14.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $1.69, with high estimates of $2.41 and low estimates of $0.67.
Analysts are recommending an EPS of between $10.11 and $3.71 for the fiscal current year, implying an average EPS of $7.06. EPS for the following year is $7.18, with 16.0 analysts recommending between $13.35 and $2.13.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $2.2B. It ranges from a high estimate of $2.59B to a low estimate of $1.99B. As of the current estimate, Coinbase Global Inc’s year-ago sales were $1.64BFor the next quarter, 13 analysts are estimating revenue of $2B. There is a high estimate of $2.34B for the next quarter, whereas the lowest estimate is $1.5B.
A total of 18 analysts have provided revenue estimates for COIN’s current fiscal year. The highest revenue estimate was $9.56B, while the lowest revenue estimate was $6.08B, resulting in an average revenue estimate of $7.77B. In the same quarter a year ago, actual revenue was $6.56BBased on 18 analysts’ estimates, the company’s revenue will be $7.93B in the next fiscal year. The high estimate is $11.45B and the low estimate is $5.39B.
