At the time of writing, Coupang Inc [CPNG] stock is trading at $24.89, down -0.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CPNG shares have gain 2.94% over the last week, with a monthly amount glided 9.26%, 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.
For the past year, the stock price of Coupang Inc fluctuated between $13.51 and $25.19. Currently, Wall Street analysts expect the stock to reach $22.17 within the next 12 months. Coupang Inc [NYSE: CPNG] shares were valued at $24.89 at the most recent close of the market. An investor can expect a potential drop of -10.93% based on the average CPNG price forecast.
Analyzing the CPNG fundamentals
According to Coupang Inc [NYSE:CPNG], the company’s sales were 27.18B for trailing twelve months, which represents an 25.44% jump. 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 24.62 points at the first support level, and at 24.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.15, and for the 2nd resistance point, it is at 25.40.
Ratios To Look Out For
It is important to note that Coupang Inc [NYSE:CPNG] has a current ratio of 1.12. Also, the Quick Ratio is 0.87, while the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 11.55 and price to earnings (TTM) ratio is 42.88.
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.
