ETSY, AMZN, CPNG among top 5 e-commerce stocks to explore in March

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ETSY, AMZN, CPNG among top 5 e-commerce stocks to explore in March

 ETSY, AMZN, CPNG among top 5 e-commerce stocks to explore in March
Image source: ARMMY PICCA,Shutterstock

Highlights

  • Amazon.com, Inc. (NASDAQ: AMZN) stock value increased by more than 9% over the past 30 days.
  • Coupang, Inc. (NYSE: CPNG) revenue rose 34% YoY in Q4, FY21.
  • Etsy, Inc. (NASDAQ: ETSY) expects its first-quarter fiscal 2022 revenue to be between US$565 million and US$590 million.

E-commerce stocks are gaining attention as increased digitalization and demand for their services accelerated growth in the sector. Today, over 2 billion people shop online globally.

Here we explore some of the e-commerce companies worth exploring in the coming quarters.

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Amazon.com, Inc. (NASDAQ: AMZN)

Amazon is one of the leading technology companies based in Seattle, Washington. It offers e-commerce, cloud computing, digital streaming, and other related services.

The shares of the company traded at US$2996.25 at 12:01 pm ET on March 3, down by 1.47% from their closing price of March 2. Its stock value increased by 9.51% over the past 30 days.

The firm has a market cap of US$1.52 trillion, a P/E ratio of 46.23, and a forward one-year P/E ratio of 60.15. Its EPS is US$64.78.

The 52-week highest and lowest stock prices were US$3,773.08 and US$2,707.04, respectively. Its trading volume was 2,366,736 on March 2.

The company's net sales surged 9% YoY to US$137.4 billion in Q4, FY21, while its net income came in at US$14.3 billion, or US$27.75 per diluted share. For fiscal 2021, the company's net sales jumped 22% YoY to US$469.8 billion.

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E-commerce stocks to explore in March

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Coupang, Inc. (NYSE: CPNG)

Coupang is one of the largest South Korean e-commerce firms is based in Seoul, South Korea. It is the leading online marketplace in South Korea that offers a range of products like home goods, apparel, beauty products, and other related products.

The stock of the company traded at US$25.275 at 12:10 pm ET on March 3, down by 0.53% from its previous closing price. The CPNG stock rose 27.11% over the past 30 days.

The market cap of the company is US$44.33 billion, and the forward one-year P/E ratio is -56.47. Its EPS is US$-1.40.

The stock saw the highest price of US$69.00 and the lowest price of US$16.61 in the last 52 weeks. Its share volume on March 2 was 8,348,813.

The company's net revenue increased by 34% YoY to US$5.1 billion in Q4, FY21, while its net loss came in at US$404.97 million, or US$0.23 per share. For fiscal 2021, the company's total net sales jumped 54% YoY to US$18.40 billion.

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Global-E Online Ltd. (NASDAQ: GLBE)

Global-E Online is a software publishing firm that runs an e-commerce platform, enabling direct-to-consumer cross-border e-commerce services. It is based in Israel.

The shares of the company traded at US$35.39 at 12:22 pm ET on March 3, down by 7.14% from their closing price of March 2. Its stock value soared 9.45% over the past 30 days.

The firm has a market cap of US$5.15 billion, and a forward one-year P/E ratio of 762.20. Its EPS is US$-0.67.

The 52-week highest and lowest stock prices were US$83.77 and US$24.22, respectively. Its trading volume was 1,163,371 on March 2.

The company's revenue surged 54% YoY to US$82.7 million in Q4, FY21, while its net loss came in at US$22.5 million, or US$0.15 per share. For fiscal 2021, the company's revenue rose 80% YoY to US$245.3 million.

The company now expects its first-quarter fiscal 2022 revenue to be between US$74.5 million and US$76.5 million. For fiscal 2022, the company projected its revenue to be in the range of US$411 million to US$421 million.

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Etsy, Inc. (NASDAQ: ETSY) 

Etsy is an e-commerce company based in Brooklyn, New York. It sells handmade, vintage, and crafted items like jewelry, bags, home decorations, etc., on its platform.

The stock of the company traded at US$156.40 at 12:28 pm ET on March 3, down by 3.47% from its previous closing price. The ETSY stock gained 27.62% over the past 30 days.

The market cap of the company is US$20.09 billion, the P/E ratio is 46.4, and the forward one-year P/E ratio is 47.94. Its EPS is US$3.41.

The stock saw the highest price of US$307.75 and the lowest price of US$109.38 in the last 52 weeks. Its share volume on March 2 was 3,674,719.

The company's revenue jumped 16.5% YoY to US$717.13 million in Q4, FY21, while its net income came in at US$161.55 million, or US$1.11 per diluted share. For fiscal 2021, the company's revenue grew 35% YoY to US$2.32 billion.

The company now expects its first-quarter fiscal 2022 revenue to be between US$565 million and US$590 million.

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E-commerce stocks: AMZN, CPNG, GLBE, ETSY, CHWY

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Chewy, Inc. (NYSE: CHWY) 

Chewy is an e-commerce and online retail firm that primarily focuses on selling pet food and other pet-related products for consumers. It is based in Dania Beach, Florida.

The shares of the company traded at US$43.91 at 12:36 pm ET on March 3, down by 2.66% from their closing price of March 2. Its stock value ticked up 3.25% over the past 12-months.

The firm has a market cap of US$18.44 billion, a P/E ratio of 2206.1, and a forward one-year P/E ratio of -644.43. Its EPS is US$0.02.

The 52-week highest and lowest stock prices were US$99.48 and US$36.69, respectively. Its trading volume was 3,764,267 on March 2.

The company's net sales soared 24.1% YoY to US$2.21 billion in Q3, FY21, while its net loss came in at US$32.2 million.

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Bottom line: 

E-commerce saw a relative slump in sales after the reopening of the economy. People’s online spending had reduced as the frequency of shopping in physical stores increased. The S&P 500 consumer discretionary sector rose 7.49% over the past 12 months.

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