Groupon Inc (NASDAQ:GRPN) CAO Brian Stevens sold 15,000 shares of Groupon stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $4.61, for a total value of $69,150.00. Following the completion of the transaction, the chief accounting officer now owns 232,751 shares of the company’s stock, valued at approximately $1,072,982.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Groupon Inc (NASDAQ GRPN) traded down $0.07 during trading on Friday, hitting $4.50. 6,585,315 shares of the stock traded hands, compared to its average volume of 11,899,287. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.75. Groupon Inc has a 1 year low of $2.90 and a 1 year high of $5.99. The company has a market capitalization of $2,526.89, a P/E ratio of 225.11, a PEG ratio of 20.19 and a beta of 1.61.
Groupon (NASDAQ:GRPN) last posted its quarterly earnings results on Wednesday, February 14th. The coupon company reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.02). Groupon had a net margin of 0.49% and a return on equity of 0.22%. The company had revenue of $873.17 million for the quarter, compared to the consensus estimate of $853.13 million. During the same period in the prior year, the firm posted $0.07 EPS. The business’s revenue was down 3.5% on a year-over-year basis. research analysts expect that Groupon Inc will post 0.03 earnings per share for the current year.
Several research analysts recently commented on GRPN shares. Vetr upgraded Groupon from a “hold” rating to a “buy” rating and set a $6.09 price target for the company in a research report on Monday, December 4th. DA Davidson reiterated a “buy” rating on shares of Groupon in a research report on Thursday, November 30th. Piper Jaffray Companies reiterated a “buy” rating and issued a $6.25 price target on shares of Groupon in a research report on Monday, November 20th. Morgan Stanley upgraded Groupon from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $4.27 to $4.00 in a research report on Monday, March 5th. Finally, Zacks Investment Research lowered Groupon from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Groupon presently has an average rating of “Hold” and an average price target of $5.06.
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Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).
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