Currently, there are 204.85M common shares owned by the public and among those 192.97M shares have been available to trade.
The company’s stock has a 5-day price change of -4.81% and 4.43% over the past three months. COIN shares are trading 7.49% year to date (YTD), with the 12-month market performance up to 101.36% higher. It has a 12-month low price of $137.13 and touched a high of $349.75 over the same period. COIN has an average intraday trading volume of 11.51 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -5.80%, -6.89%, and 14.04% respectively.
Institutional ownership of Coinbase Global Inc (NASDAQ: COIN) shares accounts for 42.87% of the company’s 204.85M shares outstanding.
It has a market capitalization of $66.82B and a beta (3y monthly) value of 3.62. The stock’s trailing 12-month PE ratio is 45.62, while the earnings-per-share (ttm) stands at $5.85. The company has a PEG of 0.33 and the debt-to-equity ratio at 0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.56% over the week and 5.37% over the month.
Analysts forecast that Coinbase Global Inc (COIN) will achieve an EPS of 2.0 for the current quarter, 1.33 for the next quarter and 4.87 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.23 while analysts give the company a high EPS estimate of 0.23. Comparatively, EPS for the current quarter was 1.04 a year ago. Earnings per share for the fiscal year are expected to increase by 1738.47%, and -25.03% over the next financial year.
Looking at the support for the COIN, a number of firms have released research notes about the stock. Mizuho stated their Outperform rating for the stock in a research note on January 29, 2025, with the firm’s price target at $250-$290. Monness Crespi & Hardt coverage for the Coinbase Global Inc (COIN) stock in a research note released on December 19, 2024 offered a Buy rating with a price target of $390. Oppenheimer was of a view on November 25, 2024 that the stock is Outperform, while Monness Crespi & Hardt gave the stock Buy rating on October 28, 2024, issuing a price target of $245. B. Riley Securities on their part issued Neutral rating on October 23, 2024.
