At the time of writing, Coupang Inc [CPNG] stock is trading at $24.36, down -0.49%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CPNG shares have gain 1.08% over the last week, with a monthly amount drifted -3.06%, 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 October 07, 2024, when Bernstein upgraded its rating to a Outperform but kept the price target unchanged to $30 for it. Previously, CLSA upgraded its rating to Outperform on September 04, 2024, and elevated its price target to $31. On May 16, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $26 on the stock. Citigroup upgraded its rating to a Buy and raised its price target to $26 on April 15, 2024. Deutsche Bank upgraded its rating to Buy for this stock on February 29, 2024, and upped its price target to $21. In a note dated January 16, 2024, Citigroup downgraded an Neutral rating on this stock and revised its target price from $20 to $17.
For the past year, the stock price of Coupang Inc fluctuated between $13.51 and $26.91. Currently, Wall Street analysts expect the stock to reach $26.61 within the next 12 months. Coupang Inc [NYSE: CPNG] shares were valued at $24.36 at the most recent close of the market. An investor can expect a potential return of 9.24% based on the average CPNG price forecast.
Analyzing the CPNG fundamentals
According to Coupang Inc [NYSE:CPNG], the company’s sales were 28.86B for trailing twelve months, which represents an 27.21% jump. Gross Profit Margin for this corporation currently stands at 0.28% 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 0.06, Equity is 0.25 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
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 24.00 points at the first support level, and at 23.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.62, and for the 2nd resistance point, it is at 24.88.
Ratios To Look Out For
It is important to note that Coupang Inc [NYSE:CPNG] has a current ratio of 1.13. Further, the Quick Ratio stands at 0.86, while the Cash Ratio is 0.71. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 10.44 and price to earnings (TTM) ratio is 42.88.
Transactions by insiders
Recent insider trading involved Kim Bom, CEO and Chairman, that happened on Nov 11 ’24 when 15.0 million shares were sold. Director, GREENOAKS CAPITAL PARTNERS LLC completed a deal on Nov 08 ’24 to buy 0.75 million shares. Meanwhile, Director GREENOAKS CAPITAL PARTNERS LLC bought 0.69 million shares on Nov 11 ’24.
