Coupang, Inc. (CPNG) ended the recent trading session at $23.52, demonstrating a -0.25% swing from the preceding day's closing price. This move was narrower than the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.53%.

Heading into today, shares of the company had lost 5.72% over the past month, outpacing the Retail-Wholesale sector's loss of 6.29% and lagging the S&P 500's loss of 4.03% in that time.

Analysts and investors alike will be keeping a close eye on the performance of Coupang, Inc. in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.07, showcasing a 40% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $8.06 billion, indicating a 13.24% upward movement from the same quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.36 per share and a revenue of $34.08 billion, representing changes of +63.64% and +12.59%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for Coupang, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 23.78% decrease. As of now, Coupang, Inc. holds a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Coupang, Inc. has a Forward P/E ratio of 64.9 right now. Its industry sports an average Forward P/E of 22.68, so one might conclude that Coupang, Inc. is trading at a premium comparatively.

We can also see that CPNG currently has a PEG ratio of 64.26. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Internet - Commerce industry had an average PEG ratio of 1.24 as trading concluded yesterday.

The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 66, this industry ranks in the top 27% of all industries, numbering over 250.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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