Coupang (CPNG) to Release Earnings on Tuesday

Coupang (NYSE:CPNG) will likely be releasing its earnings data after the market closes on Tuesday, February 25th. Analysts expect Coupang to post earnings of $0.01 per share and revenue of $8.14 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Coupang Trading Down 1.3 %

Shares of CPNG stock opened at $24.80 on Monday. The stock has a market cap of $44.60 billion, a price-to-earnings ratio of 43.50, a price-to-earnings-growth ratio of 52.20 and a beta of 1.11. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.28. Coupang has a fifty-two week low of $15.81 and a fifty-two week high of $26.91. The firm’s 50 day moving average price is $23.10 and its two-hundred day moving average price is $23.84.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CPNG. Barclays lifted their price target on shares of Coupang from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, February 12th. Citigroup reduced their price target on shares of Coupang from $31.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Coupang has an average rating of “Moderate Buy” and an average target price of $27.78.

Insider Transactions at Coupang

In related news, VP Pranam Kolari sold 8,459 shares of Coupang stock in a transaction on Monday, February 3rd. The shares were 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. The trade was a 5.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.60% of the company’s stock.

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.