Perhaps timely catching Coupang Inc (CPNG) would be a good idea

With 6.21 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.33 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $25.69 whereas the lowest price it dropped to was $25.25. The 52-week range on CPNG shows that it touched its highest point at $26.91 and its lowest point at $13.51 during that stretch. It currently has a 1-year price target of $29.53. Beta for the stock currently stands at 1.07.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CPNG was up-trending over the past week, with a rise of 6.26%, but this was down by -2.04% over a month. Three-month performance surged to 15.62% while six-month performance rose 9.64%. The stock gained 58.40% in the past year, while it has gained 57.32% so far this year. A look at the trailing 12-month EPS for CPNG yields 0.57 with Next year EPS estimates of 0.55. For the next quarter, that number is 0.01. This implies an EPS growth rate of -100.09% for this year and 85076.63% for next year.

Float and Shares Shorts:

At present, 1.62 billion CPNG shares are outstanding with a float of 1.19 billion shares on hand for trading. On 2024-11-15, short shares totaled 17.07 million, which was 95.0 higher than short shares on 1728950400. In addition to Mr. Bom Suk Kim as the firm’s Founder, CEO & Chairman, Mr. Gaurav Anand serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.85363 of CPNG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CPNG reported revenue of $7866000000.0 and operating income of $109000000.0. The EBITDA in the recently reported quarter was $280000000.0 and diluted EPS was $0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CPNG since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CPNG analysts setting a high price target of 34.0 and a low target of 23.1, the average target price over the next 12 months is 29.26611. Based on these targets, CPNG could surge 33.49% to reach the target high and fall by -9.31% to reach the target low. Reaching the average price target will result in a growth of 14.9% from current levels.

Analysts have provided yearly estimates in a range of -$0.000215333333 being high and -$0.00107667 being low. For CPNG, this leads to a yearly average estimate of -$0.000646.