While Coursera Inc has underperformed by -3.05%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, COUR fell by -60.11%, with highs and lows ranging from $21.26 to $6.29, whereas the simple moving average fell by -15.32% in the last 200 days.
On November 25, 2024, JP Morgan started tracking Coursera Inc (NYSE: COUR) recommending Neutral. A report published by Telsey Advisory Group on October 25, 2024, Reiterated its previous ‘Outperform’ rating for COUR. BofA Securities also rated COUR shares as ‘Buy’, setting a target price of $11 on the company’s shares in an initiating report dated September 19, 2024. Telsey Advisory Group Reiterated the rating as Outperform on April 30, 2024, but set its price target from $25 to $18. Goldman January 19, 2024d its ‘Neutral’ rating to ‘Sell’ for COUR, as published in its report on January 19, 2024. BMO Capital Markets’s report from October 12, 2023 suggests a price prediction of $24 for COUR shares, giving the stock a ‘Outperform’ rating. Cantor Fitzgerald also rated the stock as ‘Overweight’.
Analysis of Coursera Inc (COUR)
Further, the quarter-over-quarter increase in sales is 6.37%, showing a positive trend in the upcoming months.
One of the most important indicators of Coursera Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -12.97% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.53, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and COUR is recording 2.31M average volume. On a monthly basis, the volatility of the stock is set at 4.68%, whereas on a weekly basis, it is put at 6.95%, with a gain of 13.90% over the past seven days. Furthermore, long-term investors anticipate a median target price of $10.48, showing growth from the present price of $7.95, which can serve as yet another indication of whether COUR is worth investing in or should be passed over.
How Do You Analyze Coursera Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 16.61%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 70.58% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
COUR shares are owned by institutional investors to the tune of 70.58% at present.
