The stock price of Coursera Inc (NYSE: COUR) has plunged by -3.39 when compared to previous closing price of 12.40, but the company has seen a -11.59% decline in its stock price over the last five trading sessions. Business Wire reported 2024-04-11 that MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Q1 2024 Earnings Advisory Release.
Is It Worth Investing in Coursera Inc (NYSE: COUR) Right Now?
The 36-month beta value for COUR is at 1.50. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for COUR is 142.68M, and currently, shorts hold a 4.47% of that float. The average trading volume for COUR on April 17, 2024 was 1.69M shares.
COUR’s Market Performance
COUR stock saw a decrease of -11.59% in the past week, with a monthly decline of -15.51% and a quarterly a decrease of -38.91%. The volatility ratio for the week is 3.38%, and the volatility levels for the last 30 days are 2.71% for Coursera Inc (COUR). The simple moving average for the past 20 days is -12.87% for COUR’s stock, with a -29.89% simple moving average for the past 200 days.
Analysts’ Opinion of COUR
Many brokerage firms have already submitted their reports for COUR stocks, with Goldman repeating the rating for COUR by listing it as a “Sell.” The predicted price for COUR in the upcoming period, according to Goldman is $14 based on the research report published on January 19, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see COUR reach a price target of $24. The rating they have provided for COUR stocks is “Outperform” according to the report published on October 12th, 2023.
Cantor Fitzgerald gave a rating of “Overweight” to COUR, setting the target price at $17 in the report published on July 28th of the previous year.
COUR Trading at -21.34% from the 50-Day Moving Average
After a stumble in the market that brought COUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.65% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares sank -16.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.21% lower at present.
During the last 5 trading sessions, COUR fell by -11.59%, which changed the moving average for the period of 200-days by -7.06% in comparison to the 20-day moving average, which settled at $13.63. In addition, Coursera Inc saw -38.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COUR starting from Maggioncalda Jeffrey Nacey, who sale 50,000 shares at the price of $13.14 back on Apr 11 ’24. After this action, Maggioncalda Jeffrey Nacey now owns 2,227,496 shares of Coursera Inc, valued at $656,760 using the latest closing price.
Maggioncalda Jeffrey Nacey, the President & CEO of Coursera Inc, sale 50,000 shares at $14.06 during a trade that took place back on Mar 28 ’24, which means that Maggioncalda Jeffrey Nacey is holding 2,277,496 shares at $703,205 based on the most recent closing price.
Stock Fundamentals for COUR
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.52 for the gross margin
The net margin for Coursera Inc stands at -0.18. The total capital return value is set at -0.24. Equity return is now at value -17.78, with -12.48 for asset returns.
Based on Coursera Inc (COUR), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 4.49.
Currently, EBITDA for the company is -145.6 million with net debt to EBITDA at 4.62. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 9.43for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.70.
Conclusion
In conclusion, Coursera Inc (COUR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
