Coupang Inc [CPNG] stock is trading at $23.54, up 7.00%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CPNG shares have gain 4.16% over the last week, with a monthly amount glided 15.68%, and 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 September 04, 2024, when CLSA upgraded its rating to a Outperform and also boosted its price target to $31 from $18. Previously, UBS upgraded its rating to Buy on May 16, 2024, and kept the price target unchanged to $26. Citigroup upgraded its rating to a Buy and increased its price target to $26 on April 15, 2024. Deutsche Bank upgraded its rating to a Buy and raised its price target to $21 on February 29, 2024. Citigroup downgraded its rating to Neutral for this stock on January 16, 2024, and downed its price target to $17. In a note dated December 20, 2023, UBS downgraded an Neutral rating on this stock and revised its target price from $26 to $18.50.
Coupang Inc [CPNG] stock has fluctuated between $13.51 and $23.77 over the past year. Currently, Wall Street analysts expect the stock to reach $22.17 within the next 12 months. Coupang Inc [NYSE: CPNG] shares were valued at $23.54 at the most recent close of the market. An investor can expect a potential drop of -5.82% based on the average CPNG price forecast.
Analyzing the CPNG fundamentals
Coupang Inc [NYSE:CPNG] reported sales of 27.18B for the trailing twelve months, which represents a growth of 25.44%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.28 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
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 22.35 points at the first support level, and at 21.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.34, and for the 2nd resistance point, it is at 25.13.
Ratios To Look Out For
For context, Coupang Inc’s Current Ratio is 1.12. As well, the Quick Ratio is 0.87, while the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 1.55, the price to book ratio is 10.93 and price to earnings (TTM) ratio is 40.56.
Transactions by insiders
Recent insider trading involved GREENOAKS CAPITAL PARTNERS LLC, Director, that happened on Aug 22 ’24 when 0.2 million shares were purchased. Director, GREENOAKS CAPITAL PARTNERS LLC completed a deal on Aug 21 ’24 to buy 100000.0 shares. Meanwhile, Director Sun Benjamin sold 0.2 million shares on Aug 19 ’24.
