Currently, Coupang Inc [CPNG] is trading at $20.35, up 0.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The CPNG shares have gain 0.25% over the last week, with a monthly amount drifted -6.09%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Coupang Inc [NYSE: CPNG] stock has seen the most recent analyst activity on May 16, 2024, when UBS upgraded its rating to a Buy but kept the price target unchanged to $26 for it. On April 15, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $26 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $21 on February 29, 2024. Citigroup downgraded its rating to a Neutral and reduced its price target to $17 on January 16, 2024. UBS downgraded its rating to Neutral for this stock on December 20, 2023, and downed its price target to $18.50. In a note dated August 09, 2023, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $20.
This stock has fluctuated between a low of $13.51 and a high of $23.77 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $19.73 within the next 12 months. Coupang Inc [NYSE: CPNG] shares were valued at $20.35 at the most recent close of the market. An investor can expect a potential drop of -3.05% based on the average CPNG price forecast.
Analyzing the CPNG fundamentals
Trailing Twelve Months sales for Coupang Inc [NYSE:CPNG] were 25.70B which represents 22.64% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.37 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.86 points at the first support level, and at 17.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.13, and for the 2nd resistance point, it is at 21.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Coupang Inc [NYSE:CPNG] is 1.15. On the other hand, the Quick Ratio is 0.89, and the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 8.96 and price to earnings (TTM) ratio is 28.90.
Transactions by insiders
Recent insider trading involved Pranam Kolari, affiliate, that happened on Aug 02 ’24 when 10432.0 shares were purchased., Kolari Pranam completed a deal on Aug 02 ’24 to sell 10432.0 shares. Meanwhile, Kolari Pranam sold 673.0 shares on Jul 02 ’24.
