Coupang (CPNG) to Release Earnings on Tuesday

Coupang (NYSE:CPNG) will likely be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect Coupang to post earnings of $0.01 per share and revenue of $8.18 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Coupang Stock Performance

CPNG opened at $25.30 on Tuesday. The company has a market cap of $45.50 billion, a PE ratio of 44.38, a price-to-earnings-growth ratio of 43.21 and a beta of 1.11. The stock has a 50-day moving average of $23.00 and a 200-day moving average of $23.71. Coupang has a 52-week low of $15.14 and a 52-week high of $26.91. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.86 and a current ratio of 1.13.

Insider Activity at Coupang

In other Coupang news, VP Pranam Kolari sold 8,459 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $22.98, for a total value of $194,387.82. Following the completion of the sale, the vice president now owns 136,806 shares in the company, valued at approximately $3,143,801.88. This trade represents a 5.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Barclays upped their price target on Coupang from $32.00 to $34.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 12th. Citigroup decreased their price target on Coupang from $31.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Coupang has an average rating of “Moderate Buy” and an average price target of $27.78.

Coupang Company Profile

Coupang, Inc, together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. 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.