Coursera Inc (NYSE: COUR) is -18.59% lower on its value in year-to-date trading and has touched a low of $9.91 and a high of $21.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COUR stock was last observed hovering at around $16.36 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $15.77, the stock is -9.47% and -15.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -3.61% at the moment leaves the stock -6.23% off its SMA200. COUR registered 39.43% gain for a year compared to 6-month gain of -5.06%. The firm has a 50-day simple moving average (SMA 50) of $2.77 and a 200-day simple moving average (SMA200) of -$13.63.
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The stock witnessed a -23.67% loss in the last 1 month and extending the period to 3 months gives it a -20.35%, and is -2.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.04% over the week and 3.64% over the month.
Coursera Inc (COUR) has around 1295 employees, a market worth around $2.48B and $635.76M in sales. Fwd P/E is 51.82. Profit margin for the company is -18.33%. Distance from 52-week low is 59.13% and -25.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.91%).
Coursera Inc quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $170.43M over the same period.The EPS is expected to grow by 1555.30% this year, but quarterly earnings will post 15.80% year-over-year. Quarterly sales are estimated to grow 15.40% in year-over-year returns.
326 institutions hold shares in Coursera Inc (COUR), with institutional investors hold 95.64% of the company’s shares. The shares outstanding are 155.32M, and float is at 116.22M with Short Float at 4.33%. Institutions hold 88.34% of the Float.
The top institutional shareholder in the company is Baillie Gifford and Company with over 18.05 million shares valued at $235.06 million. The investor’s holdings represent 12.06% of the COUR Shares outstanding. As of Jun 29, 2023, the second largest holder is NEA Management Company, LLC with 12.87 million shares valued at $167.54 million to account for 8.60% of the shares outstanding. The other top investors are Norges Bank Investment Management which holds 11.63 million shares representing 7.77% and valued at over $137.6 million, while Vanguard Group Inc holds 6.71% of the shares totaling 10.04 million with a market value of $130.78 million.
Coursera Inc (COUR) Insider Activity
A total of 66 insider transactions have happened at Coursera Inc (COUR) in the last six months, with sales accounting for 44 and purchases happening 22 times. The most recent transaction is an insider sale by Ng Andrew Y., the company’s Director. SEC filings show that Ng Andrew Y. sold 25,000 shares of the company’s common stock on Feb 21 at a price of $16.22 per share for a total of $0.41 million. Following the sale, the insider now owns 7.08 million shares.
Coursera Inc disclosed in a document filed with the SEC on Feb 20 that Ng Andrew Y. (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Feb 20 and was made at $16.49 per share for $0.82 million. Following the transaction, the insider now directly holds 7.11 million shares of the COUR stock.
Still, SEC filings show that on Feb 20, Goli Shravan (Chief Operating Officer) disposed off 35,450 shares at an average price of $16.48 for $0.58 million. The insider now directly holds 737,641 shares of Coursera Inc (COUR).
Coursera Inc (COUR): Who are the competitors?
One of the company’s main competitors (and peers) include Microsoft Corp. (MSFT) that is trading 65.56% up over the past 12 months.Duolingo Inc. (DUOL) lies in the list of competitors of the Coursera Inc and is 76.17% higher over the same period from COURUdemy Inc. (UDMY) is 22.43% up on the 1-year trading charts.
