2 weeks Ago By ABMN Staff
Shares of Coursera, Inc. ( NYSE:COUR – Get Free Report ) have been assigned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company.
The average 1 year target price among brokerages that have covered the stock in the last year is $14.73. COUR has been the topic of a number of recent research reports.
BMO Capital Markets upped their target price on Coursera from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th.
Telsey Advisory Group reaffirmed an “outperform” rating and set a $18.00 target price on shares of Coursera in a report on Monday, July 22nd. The Goldman Sachs Group cut their price objective on shares of Coursera from $10.
50 to $9.00 and set a “sell” rating for the company in a report on Friday, July 26th. Cantor Fitzgerald raised shares of Coursera to a “strong-buy” rating in a research note on Tuesday, August 13th.
Finally, Bank of America began coverage on Coursera in a research note on Thursday, September 19th. They issued a “buy” rating and a $11.00 price target for the company.
Check Out Our Latest Research Report on COUR Insider Transactions at Coursera Hedge Funds Weigh In On Coursera A number of institutional investors and hedge funds have recently added to or reduced their stakes in COUR. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Coursera in the 2nd quarter valued at about $2,545,000. Point72 Asset Management L.
P. acquired a new position in Coursera in the second quarter valued at approximately $441,000. Quarry LP grew its position in Coursera by 936.
6% in the second quarter. Quarry LP now owns 10,356 shares of the company’s stock worth $74,000 after acquiring an additional 9,357 shares during the period. Algert Global LLC increased its stake in Coursera by 22.
9% during the second quarter. Algert Global LLC now owns 404,114 shares of the company’s stock worth $2,893,000 after acquiring an additional 75,299 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in Coursera during the second quarter worth $421,000.
Institutional investors and hedge funds own 89.55% of the company’s stock. Coursera Stock Up 3.
1 % Shares of NYSE:COUR opened at $8.22 on Friday. The business has a 50-day moving average price of $8.
10 and a 200-day moving average price of $9.13. The stock has a market cap of $1.
28 billion, a price-to-earnings ratio of -11.91 and a beta of 1.42.
Coursera has a 52-week low of $6.35 and a 52-week high of $21.26.
Coursera ( NYSE:COUR – Get Free Report ) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.
01 by $0.08. The business had revenue of $170.
30 million during the quarter, compared to analysts’ expectations of $164.67 million. Coursera had a negative net margin of 14.
35% and a negative return on equity of 13.92%. The business’s quarterly revenue was up 10.
8% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.20) EPS.
As a group, equities analysts anticipate that Coursera will post -0.44 EPS for the current fiscal year. About Coursera ( Get Free Report Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally.
It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack. Read More Receive News & Ratings for Coursera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coursera and related companies with MarketBeat.
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