Coupang Inc [CPNG] is 15.57% higher this YTD. Is it still time to buy?

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Coupang Inc [NYSE: CPNG] plunged by -$0.2 during the normal trading session on Tuesday and reaching a high of $17.255 during the day while it closed the day at $17.00. The company report on October 24, 2023 at 4:00 PM that Coupang to Announce Third Quarter 2023 Results on November 7, 2023.

Coupang, Inc. (NYSE: CPNG) will release its third quarter 2023 financial results on Tuesday, November 7, 2023 (Eastern Time). The release will be available after U.S. market close and an accompanying live webcast will begin at 5:30 PM Eastern Time the same day.

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The earnings release, presentation and webcast will be available at the Coupang Investor Relations website, Following the call, a replay and related transcript will be available at the same website.

Coupang Inc stock has also loss -6.13% of its value over the past 7 days. However, CPNG stock has declined by -3.57% in the 3 months of the year. Over the past six months meanwhile, it has gained 1.25% and gained 15.57% year-on date.

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The market cap for CPNG stock reached $30.32 billion, with 1.60 billion shares outstanding and 1.14 billion shares in the current float. Compared to the average trading volume of 6.29M shares, CPNG reached a trading volume of 8108020 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Coupang Inc [CPNG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CPNG shares is $22.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CPNG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Coupang Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 09, 2023.

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The Average True Range (ATR) for Coupang Inc is set at 0.53, with the Price to Sales ratio for CPNG stock in the period of the last 12 months amounting to 1.37. The Price to Book ratio for the last quarter was 10.91, with the Price to Cash per share for the same quarter was set at 2.66. Price to Free Cash Flow for CPNG in the course of the last twelve months was 28.27 with Quick ratio for the last quarter at 0.91.

CPNG stock trade performance evaluation

Coupang Inc [CPNG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.13. With this latest performance, CPNG shares gained by 0.24% in over the last four-week period, additionally plugging by 1.25% over the last 6 months – not to mention a drop of 0.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CPNG stock in for the last two-week period is set at 42.49, with the RSI for the last a single of trading hit 40.14, and the three-weeks RSI is set at 44.00 for Coupang Inc [CPNG]. The present Moving Average for the last 50 days of trading for this stock 17.83, while it was recorded at 17.16 for the last single week of trading, and 16.69 for the last 200 days.

Coupang Inc [CPNG]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Coupang Inc [CPNG] shares currently have an operating margin of -0.54 and a Gross Margin at +22.88. Coupang Inc’s Net Margin is presently recorded at -0.45.

Return on Total Capital for CPNG is now -2.46, given the latest momentum, and Return on Invested Capital for the company is -2.35. Return on Equity for this stock declined to -4.01, with Return on Assets sitting at -1.01. When it comes to the capital structure of this company, Coupang Inc [CPNG] has a Total Debt to Total Equity ratio set at 99.50. Additionally, CPNG Total Debt to Total Capital is recorded at 49.87, with Total Debt to Total Assets ending up at 25.25. Long-Term Debt to Equity for the company is recorded at 73.39, with the Long-Term Debt to Total Capital now at 36.79.

Reflecting on the efficiency of the workforce at the company, Coupang Inc [CPNG] managed to generate an average of -$1,461 per employee. Receivables Turnover for the company is 114.41 with a Total Asset Turnover recorded at a value of 2.27.Coupang Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.19.

Coupang Inc [CPNG]: Institutional Ownership

The top three institutional holders of CPNG stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in CPNG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in CPNG stock with ownership which is approximately 5.7994%.

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