Coursera Inc (NYSE:COUR) traded at $10.22 at close of the session on Tuesday, April 30, made a downward move of -14.05% on its previous day’s price.
Looking at the stock we see that its previous close was $11.89 . In terms of its 52-week price range, COUR has a high of $21.26 and a low of $10.88. The company’s stock has lost about -26.47% over that past 30 days.
Coursera Inc has a market cap of $1.60 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.03, with the EPS growth for the year raised at $0.17 for 2024 and $0.29 for next year. These figures represent 1,600.00% and 70.60% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $177.82 million, with a low of $176 million and a high of $179.4 million. The median projection represents growth squeezing down to 15.70% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $736.45 million, or 15.80% up from figures reported last year.
On the other hand, looking at the outlook for the COUR stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -19.29% off its SMA20 and -27.60% from its 50-day simple moving average. The RSI (14) is pointing at 16.81 while the volatility over the past week is 4.48% and jumps to 3.47% over the past one month. The beta value is 1.51, while the average true range (ATR) is currently pointing at 0.53.
Coming back to Coursera Inc (NYSE:COUR), we note that the average 3-month trading volume was 1.78 million. Current shares outstanding are 155.32 million.
The insiders hold 9.01% of the company’s shares while institutions hold 69.07%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -47.24% down in year-to-date price movement.
