Coursera (NYSE:COUR - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Coursera has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Investors that wish to listen to the company's conference call can do so using this link.
Coursera (NYSE:COUR - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.01 by $0.08. Coursera had a negative return on equity of 13.92% and a negative net margin of 14.35%. The firm had revenue of $170.30 million during the quarter, compared to analyst estimates of $164.67 million. During the same period in the previous year, the company posted ($0.20) EPS. The business's revenue for the quarter was up 10.8% compared to the same quarter last year. On average, analysts expect Coursera to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of COUR stock opened at $7.44 on Thursday. The stock's 50-day moving average is $7.87 and its 200 day moving average is $8.56. Coursera has a 1-year low of $6.35 and a 1-year high of $21.26. The company has a market cap of $1.16 billion, a P/E ratio of -10.78 and a beta of 1.42.
A number of research analysts have recently issued reports on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $18.00 price objective on shares of Coursera in a research report on Friday, July 26th. Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 price target on shares of Coursera in a research report on Friday, July 26th. KeyCorp dropped their target price on Coursera from $14.00 to $12.00 and set an "overweight" rating on the stock in a research note on Monday, July 22nd. Telsey Advisory Group reaffirmed an "outperform" rating and set a $18.00 target price on shares of Coursera in a research report on Monday, July 22nd. Finally, Cantor Fitzgerald raised Coursera to a "strong-buy" rating in a report on Tuesday, August 13th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.73.
Check Out Our Latest Research Report on Coursera
In related news, SVP Alan B. Cardenas sold 6,285 shares of the business's stock in a transaction on Monday, August 19th. The shares were sold at an average price of $8.27, for a total transaction of $51,976.95. Following the completion of the transaction, the senior vice president now directly owns 207,434 shares in the company, valued at $1,715,479.18. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, SVP Alan B. Cardenas sold 6,285 shares of Coursera stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $8.27, for a total transaction of $51,976.95. Following the completion of the transaction, the senior vice president now directly owns 207,434 shares in the company, valued at approximately $1,715,479.18. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrew Y. Ng sold 6,221 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $8.03, for a total transaction of $49,954.63. Following the sale, the director now directly owns 7,297,671 shares in the company, valued at $58,600,298.13. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 39,068 shares of company stock worth $324,787. 16.30% of the stock is owned by company insiders.
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.
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