Coupang(US:CPNG) ZACKSยท2024-10-21 23:06Company Performance - Coupang, Inc. closed at $25.05, reflecting a -0.32% change from the previous session, which is less than the S&P 500's daily loss of 0.18% [1] - Over the past month, Coupang's shares gained 2.24%, underperforming the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 4.46% [1] - The upcoming earnings report projects an EPS of $0.02, indicating a 60% decline compared to the same quarter last year, while revenue is estimated at $7.79 billion, a 26.04% increase year-over-year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at -$0.02 per share and revenue at $30.57 billion, representing changes of -107.69% and +25.36% from the prior year [2] - Recent revisions in analyst estimates reflect near-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [2] Zacks Rank and Valuation - Coupang, Inc. currently holds a Zacks Rank of 4 (Sell), with the Zacks Rank system showing a track record of outperforming [3] - The company has a Forward P/E ratio of 186.15, significantly higher than the industry average of 23.63, indicating it is trading at a premium [3] - Coupang's PEG ratio stands at 184.3, compared to the Internet - Commerce industry's average PEG ratio of 1.05 [3] Industry Overview - The Internet - Commerce industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 70, placing it in the top 28% of all industries [4] - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]