Coupang Inc (CPNG) – Mismatched value: Check Out the Fundamental Analysis

Stocks of Coupang Inc (NYSE:CPNG) traded higher last session on Wall Street, up 0.99% to $15.32.

According to the data, Coupang Inc (NYSE:CPNG) has 18 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $30.00 and a low of $11.60, we find $21.50. Given the previous closing price of $15.17, this indicates a potential upside of 41.73 percent. CPNG stock price is now -12.48% away from the 50-day moving average and -8.11% away from the 200-day moving average. The market capitalization of the company currently stands at $27.33B.

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A total of 3 analysts have issued a hold rating and 11 have given it a buy rating. Brokers who have rated the stock have averaged $21.20 as their price target over the next twelve months.

With the price target maintained at $20, Deutsche Bank recently Downgraded its rating from Buy to Hold for Coupang Inc (NYSE: CPNG).

In other news, Kim Tae Jung, insider sold 4,673 shares of the company’s stock on Oct 02. The stock was sold for $79,207 at an average price of $16.95. Upon completion of the transaction, the insider now directly owns 254,530 shares in the company, valued at $3.9 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05, Kim Tae Jung sold 939 shares of the business’s stock. A total of $17,832 was realized by selling the stock at an average price of $18.99. This leaves the insider owning 259,203 shares of the company worth $3.97 million. Insiders disposed of 42,127,327 shares of company stock worth roughly $645.39 million over the past 1 year. A total of 35.86% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $15.09 for Coupang Inc (NYSE: CPNG). During the past 12 months, Coupang Inc has had a low of $12.66 and a high of $20.37. As of last week, the company has a debt-to-equity ratio of 0.95, a current ratio of 1.14, and a quick ratio of 0.89. The fifty day moving average price for CPNG is $17.43 and a two-hundred day moving average price translates $16.67 for the stock.

The latest earnings results from Coupang Inc (NYSE: CPNG) was released for Sep, 2023. According to the Internet Retail Company, earnings per share came in at $0.08, beating analysts’ expectations of $0.05 by 0.03. This compares to $0.05 EPS in the same period last year. The net profit margin was 1.86% and return on equity was 16.84% for CPNG. The company reported revenue of $6.18 billion for the quarter, compared to $5.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 21.21 percent. For the current quarter, analysts expect CPNG to generate $5.93B in revenue.

Coupang Inc(CPNG) Company Profile

Coupang, Inc., together with its subsidiaries owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. The company operates through two segments, Product Commerce and Developing Offerings. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. The company also offers Rocket Fresh, which offers fresh groceries; Coupang Eats, a restaurant ordering and delivery services; and Coupang Play, an online content streaming services, as well as advertising products. It also performs operations and support services in the United States, Japan, Taiwan, Singapore, and China. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.

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