Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Coupang Inc’s stock clocked out at $22.63, up 0.53% from its previous closing price of $22.51. In other words, the price has increased by $0.53 from its previous closing price. On the day, 18.62 million shares were traded. CPNG stock price reached its highest trading level at $22.89 during the session, while it also had its lowest trading level at $21.792.
Ratios:
To gain a deeper understanding of CPNG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.47.
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, Citigroup on April 15, 2024, Upgraded its rating to Buy and sets its target price to $26 from $19 previously.
On February 29, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $18.50 to $21.
Citigroup Downgraded its Buy to Neutral on January 16, 2024, whereas the target price for the stock was revised from $20 to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Rogers Harold sold 139,080 shares for $18.25 per share. The transaction valued at 2,538,210 led to the insider holds 394,192 shares of the business.
MEHTA NEIL sold 1,600,000 shares of CPNG for $29,894,831 on Mar 14 ’24. The Director now owns 48,006,135 shares after completing the transaction at $18.68 per share. On Mar 13 ’24, another insider, SVF Investments (UK) Ltd, who serves as the 10% Owner of the company, sold 15,000,000 shares for $19.60 each. As a result, the insider received 294,000,000 and left with 349,542,259 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 40356532224 and an Enterprise Value of 38141779968. As of this moment, Coupang’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.10, and their Forward P/E ratio for the next fiscal year is 36.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 9.91. Its current Enterprise Value per Revenue stands at 1.564 whereas that against EBITDA is 50.992.
Stock Price History:
Over the past 52 weeks, CPNG has reached a high of $22.83, while it has fallen to a 52-week low of $13.51. The 50-Day Moving Average of the stock is 28.31%, while the 200-Day Moving Average is calculated to be 32.32%.
Shares Statistics:
It appears that CPNG traded 14.22M shares on average per day over the past three months and 19978390 shares per day over the past ten days. A total of 1.62B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 34.58% of the company’s shares, while institutions hold 50.19% stake in the company. Shares short for CPNG as of 1711584000 were 28863521 with a Short Ratio of 2.03, compared to 1709164800 on 23851755. Therefore, it implies a Short% of Shares Outstanding of 28863521 and a Short% of Float of 2.5999999.
Earnings Estimates
The dynamic stock of Coupang Inc (CPNG) is currently attracting attention from Coupang, Inc. analysts actively involved in rating its market status.The consensus estimate for the next quarter is $8.51, with high estimates of $1.42 and low estimates of $0.85.
Analysts are recommending an EPS of between $Consumer Cyclical and $Healthcare for the fiscal current year, implying an average EPS of $Energy.
