Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Coinbase Global Inc (NASDAQ: COIN) closed at $280.22 in the last session, up 2.09% from day before closing price of $274.49. In other words, the price has increased by $2.09 from its previous closing price. On the day, 5.45 million shares were traded. COIN stock price reached its highest trading level at $285.558 during the session, while it also had its lowest trading level at $274.6.
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 8.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.58. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.48.
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 04 ’25 when Ehrsam Frederick Ernest III sold 15,228 shares for $280.51 per share. The transaction valued at 4,271,672 led to the insider holds 0 shares of the business.
Armstrong Brian sold 25,000 shares of COIN for $6,774,740 on Feb 03 ’25. The CHAIRMAN AND CEO now owns 526 shares after completing the transaction at $270.99 per share. On Feb 04 ’25, another insider, Fred Ehrsam, who serves as the Director of the company, bought 15,228 shares for $280.39 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COIN now has a Market Capitalization of 70153076736 and an Enterprise Value of 66925703168. As of this moment, Coinbase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.90, and their Forward P/E ratio for the next fiscal year is 55.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.87 while its Price-to-Book (P/B) ratio in mrq is 8.04. Its current Enterprise Value per Revenue stands at 13.383 whereas that against EBITDA is 44.803.
Stock Price History:
The Beta on a monthly basis for COIN is 3.62, which has changed by 0.95519626 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, COIN has reached a high of $349.75, while it has fallen to a 52-week low of $125.81. The 50-Day Moving Average of the stock is -2.42%, while the 200-Day Moving Average is calculated to be 19.84%.
Shares Statistics:
According to the various share statistics, COIN traded on average about 11.70M shares per day over the past 3-months and 7364470 shares per day over the past 10 days. A total of 204.85M shares are outstanding, with a floating share count of 192.56M. Insiders hold about 23.08% of the company’s shares, while institutions hold 42.93% stake in the company. Shares short for COIN as of 1736899200 were 8190137 with a Short Ratio of 0.70, compared to 1734048000 on 8209585. Therefore, it implies a Short% of Shares Outstanding of 8190137 and a Short% of Float of 4.05.
