Coupang, Inc. (CPNG) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Company Performance - Coupang, Inc. shares were down 1.22% at $30.08, underperforming the S&P 500's loss of 0.33% on the same day [1] - Over the past month, Coupang's shares gained 7.56%, outperforming the Retail-Wholesale sector's gain of 0.67% and the S&P 500's gain of 4.07% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $0.07, indicating no change from the same quarter last year [2] - Revenue is forecasted to be $8.41 billion, reflecting a growth of 14.83% compared to the same quarter of the previous year [2] Full Year Projections - For the full year, earnings are projected at $0.30 per share and revenue at $34.75 billion, showing increases of +36.36% and +14.79% respectively from the previous year [3] - Recent analyst estimate revisions indicate optimism about the company's business and profitability [3] Valuation Metrics - Coupang, Inc. has a Forward P/E ratio of 102.64, which is significantly higher than the industry average Forward P/E of 25.09 [6] - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [6] Zacks Rank System - Coupang, Inc. currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] - The Zacks Rank system has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5]