Coursera (COUR) Expected to Announce Quarterly Earnings on Thursday

Coursera (NYSE:COUR) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Coursera to post earnings of $0.04 per share and revenue of $176.43 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Coursera Trading Up 0.3 %

COUR stock opened at $9.59 on Thursday. Coursera has a 1-year low of $6.29 and a 1-year high of $20.72. The firm has a market cap of $1.52 billion, a PE ratio of -18.81 and a beta of 1.44. The business’s 50-day moving average price is $8.43 and its two-hundred day moving average price is $7.99.

Insider Activity at Coursera

In other news, SVP Alan B. Cardenas sold 6,102 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $6.83, for a total value of $41,676.66. Following the completion of the transaction, the senior vice president now directly owns 194,082 shares in the company, valued at approximately $1,325,580.06. The trade was a 3.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 16.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on COUR. BMO Capital Markets lowered their target price on Coursera from $10.00 to $9.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. The Goldman Sachs Group dropped their price objective on shares of Coursera from $9.00 to $7.25 and set a “sell” rating on the stock in a report on Friday, October 25th. Cantor Fitzgerald reissued an “overweight” rating and issued a $10.00 price target on shares of Coursera in a research note on Thursday, December 5th. Royal Bank of Canada reduced their price objective on Coursera from $18.00 to $10.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, KeyCorp dropped their target price on Coursera from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Coursera currently has an average rating of “Moderate Buy” and an average price target of $10.27.

About Coursera

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.