Market Update: Coursera Inc (COUR) Sees Negative Movement, Closing at 7.40

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In the latest session, Coursera Inc (NYSE: COUR) closed at $7.40 down -2.63% from its previous closing price of $7.60. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 2.56 million shares were traded. COUR stock price reached its highest trading level at $7.73 during the session, while it also had its lowest trading level at $7.32.

Ratios:

For a deeper understanding of Coursera 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 1.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.67 and its Current Ratio is at 2.67. 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 this company, Telsey Advisory Group on April 30, 2024, Reiterated its Outperform rating but revised its target price to $18 from $25 previously.

On January 19, 2024, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $18 to $14.

On October 12, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $24.BMO Capital Markets initiated its Outperform rating on October 12, 2023, with a $24 target price.

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 May 24 ’24 when Clark Amanda sold 8,093 shares for $7.72 per share. The transaction valued at 62,456 led to the insider holds 76,266 shares of the business.

SIMMONS SABRINA sold 8,093 shares of COUR for $62,447 on May 24 ’24. The Director now owns 37,785 shares after completing the transaction at $7.72 per share. On May 22 ’24, another insider, Ng Andrew Y., who serves as the Director of the company, sold 18,870 shares for $8.10 each. As a result, the insider received 152,907 and left with 7,032,873 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 1155228800 and an Enterprise Value of 434230240. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 0.661 whereas that against EBITDA is -3.506.

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 $7.49. The 50-Day Moving Average of the stock is -32.96%, while the 200-Day Moving Average is calculated to be -54.72%.

Shares Statistics:

For the past three months, COUR has traded an average of 2.05M shares per day and 2462590 over the past ten days. A total of 155.32M shares are outstanding, with a floating share count of 129.97M. Insiders hold about 16.75% of the company’s shares, while institutions hold 71.69% stake in the company. Shares short for COUR as of 1715731200 were 8516138 with a Short Ratio of 4.15, compared to 1713139200 on 7646105. Therefore, it implies a Short% of Shares Outstanding of 8516138 and a Short% of Float of 8.02.

Earnings Estimates

Coursera Inc (COUR) is currently under the scrutiny of 14.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.04, while EPS last year was $0. The consensus estimate for the next quarter is $0.04, with high estimates of $0.06 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.25 and $0.06 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.27, with 14.0 analysts recommending between $0.39 and $0.12.

Revenue Estimates

A total of 13 analysts believe the company’s revenue will be $164.38M this quarter.It ranges from a high estimate of $166.8M to a low estimate of $162.97M. As of the current estimate, Coursera Inc’s year-ago sales were $153.7MFor the next quarter, 13 analysts are estimating revenue of $178.93M. There is a high estimate of $181.1M for the next quarter, whereas the lowest estimate is $174.32M.

A total of 14 analysts have provided revenue estimates for COUR’s current fiscal year. The highest revenue estimate was $704.5M, while the lowest revenue estimate was $697M, resulting in an average revenue estimate of $699.76M. In the same quarter a year ago, actual revenue was $635.76MBased on 14 analysts’ estimates, the company’s revenue will be $791.08M in the next fiscal year. The high estimate is $803.97M and the low estimate is $780.01M.

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