Coupang Inc (NYSE: CPNG) has a price-to-earnings ratio of 30.59x that is above its average ratio. Additionally, the 36-month beta value for CPNG is 1.13. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for CPNG is 1.17B and currently, short sellers hold a 2.97% ratio of that float. The average trading volume of CPNG on May 06, 2024 was 14.87M shares.
CPNG) stock’s latest price update
Coupang Inc (NYSE: CPNG) has seen a rise in its stock price by 2.22 in relation to its previous close of 22.50. However, the company has experienced a 0.39% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-05-05 that Coupang is up 41% this year and is growing its presence across East Asia. The e-commerce marketplace is highly profitable but still investing for growth in South Korea.
CPNG’s Market Performance
Coupang Inc (CPNG) has seen a 0.39% rise in stock performance for the week, with a 25.55% gain in the past month and a 61.97% surge in the past quarter. The volatility ratio for the week is 2.91%, and the volatility levels for the past 30 days are at 3.40% for CPNG. The simple moving average for the last 20 days is 6.86% for CPNG stock, with a simple moving average of 32.06% for the last 200 days.
Analysts’ Opinion of CPNG
Many brokerage firms have already submitted their reports for CPNG stocks, with BofA Securities repeating the rating for CPNG by listing it as a “Buy.” The predicted price for CPNG in the upcoming period, according to BofA Securities is $30 based on the research report published on May 03, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CPNG reach a price target of $26, previously predicting the price at $19. The rating they have provided for CPNG stocks is “Buy” according to the report published on April 15th, 2024.
Deutsche Bank gave a rating of “Buy” to CPNG, setting the target price at $21 in the report published on February 29th of the current year.
CPNG Trading at 18.06% from the 50-Day Moving Average
After a stumble in the market that brought CPNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.71% of loss for the given period.
Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares surge +26.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.63% upper at present.
During the last 5 trading sessions, CPNG rose by +0.39%, which changed the moving average for the period of 200-days by +28.21% in comparison to the 20-day moving average, which settled at $21.76. In addition, Coupang Inc saw 42.06% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPNG starting from Kolari Pranam, who sale 2,048 shares at the price of $22.34 back on May 02 ’24. After this action, Kolari Pranam now owns 187,951 shares of Coupang Inc, valued at $45,752 using the latest closing price.
Rogers Harold, the of Coupang Inc, sale 139,080 shares at $18.25 during a trade that took place back on Mar 18 ’24, which means that Rogers Harold is holding 394,192 shares at $2,538,210 based on the most recent closing price.
Stock Fundamentals for CPNG
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.25 for the gross margin
The net margin for Coupang Inc stands at 0.06. The total capital return value is set at 0.07. Equity return is now at value 41.81, with 11.70 for asset returns.
Based on Coupang Inc (CPNG), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 1.87. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 9.96.
Currently, EBITDA for the company is 1.09 billion with net debt to EBITDA at -3.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 77.65for trailing twelve months and the total asset turnover is 1.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.14.
Conclusion
In conclusion, Coupang Inc (CPNG) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
