How to Buy Coupang Stock
Coupang Inc
Coupang is a internet retail company located in Republic Of Korea, which is part of the Consumer Cyclical sector, and is traded under the ticker CPNG on the NYSE exchange.
Coupang stock last closed at $23.03, up 1.01% from the previous day, and has increased 46.78% in one year. It has overperformed other stocks in the Internet Retail industry by 0.37 percentage points. Coupang stock is currently +70.47% from its 52-week low of $13.51, and -0.17% from its 52-week high of $23.07.
There are currently 1.79B shares of CPNG outstanding. The market value of CPNG is $41.30B. In the past 24 hours, 10.08M CPNG shares were traded.
How to Buy Coupang Stock
Not sure how to invest in Coupang stock? Here's how.
- Figure out where to buy Coupang stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Coupang stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your information.
- Analyze Coupang stock: The Coupang ticker symbol is CPNG. Is Coupang stock a good investment? Should you buy shares of CPNG? How do CPNG's underlying business fundamentals look? Do top analysts think Coupang is a good buy? Why has CPNG's stock price moved recently? (Hint: Our stock market research website can help you understand if CPNG is a good stock to buy).
- Place your CPNG buy order: Decide if you will purchase CPNG shares at the current market price or use a limit order to purchase CPNG stock at a particular price.
- Watch your CPNG investment: Create a watchlist to watch your position in Coupang shares.
Step 1: Figure out where to buy Coupang stock
You need an online brokerage account in order to access the NYSE market and buy CPNG stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to buy CPNG stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock broker app, your next step is to transfer the money for your investment:
Watch the video below for more details transferring money into your brokerage account.
Step 4: Analyze Coupang stock
Once you have selected the best place to buy Coupang stock, it's absolutely critical to evaluate their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Coupang Numbers
CPNG Fundamentals
WallStreetZen was built to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on CPNG's stock page.
Is CPNG stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CPNG's intrinsic value.
Using relative valuations ratios:
- CPNG could be undervalued based on its P/E ratio of 30.3x, relative to Internet Retail industry P/E ratio of 52.9x
- CPNG may be overvalued based on its P/B ratio of 10.1x, relative to Internet Retail industry P/B ratio of 5.63x
You can access additional valuation analysis on CPNG's stock here.
A look at CPNG Cashflows and Balance Sheet
Pros:
- CPNG's operating cash flow of $2.65B allows it to safely service it's debt of $2.79B.
- There are more short-term assets than long-term liabilities on the CPNG balance sheet.
- CPNG profit margin has gone up from -0.4% to 5.6% in the past year.
- There are more short-term assets than short-term liabilities on the CPNG balance sheet.
- CPNG earnings of $632.00M is not sufficient to cover its interest payments.
Cons:
- CPNG has a relatively high debt to equity ratio of 2.26.
Is it a good time to buy CPNG stock, according to Wall Street analysts?
Out of 4 Wall Street analysts who give recommendations on CPNG, the consensus analyst rating on Coupang is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Coupang stock forecast page.
Metrics for Advanced CPNG Traders
CPNG Growth Metrics
Last year, CPNG revenue was $24.38B. During the past 5 year, CPNG's revenue has grown by 43.17% per year. This was faster than the Internet Retail industry average of 26.65%.
Learn more about CPNG's earnings and revenue performance here.
Who is buying/selling CPNG?
Over the past 12 months, executives and large shareholders at CPNG have sold more shares than they have bought.
Harold Rogers, General Counsel and Chief Administrative Officer of CPNG, was the latest CPNG insider to sell. They sold $2,538,210.00 worth of CPNG stock on Mar 18, 2024.
Get more info about who owns CPNG shares here.
Does CPNG provide a stable income stream?
No, Coupang doesn't provide an income stream by paying out dividends.
What others are saying about CPNG
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your CPNG buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and eToro will place the order.
If you need more help with buying stocks on eToro, click the how to video below:
Step 6: Watch your CPNG investment
Now that you own some shares in CPNG, you'll want to keep up with your investment.
Create a watchlist to get alerted to the latest events about your CPNG stock.
CPNG Feed
How to Buy Stock in Coupang
To reiterate, here are the 6 steps to buy stock in Coupang:
- Figure out where to buy Coupang stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Coupang stock
- Place your CPNG buy order
- Watch your CPNG investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get updates on your investment in Coupang, add CPNG to your watchlist by clicking the button below.
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