-$2.01 EPS Expected for Groupon Inc (NASDAQ:GRPN) This Quarter

Analysts predict that Groupon Inc (NASDAQ:GRPN) will report earnings of ($2.01) per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Groupon’s earnings. The highest EPS estimate is ($1.60) and the lowest is ($2.40). Groupon reported earnings per share of $0.20 in the same quarter last year, which would suggest a negative year-over-year growth rate of 1,105%. The company is expected to issue its next earnings report on Tuesday, August 4th.

On average, analysts expect that Groupon will report full-year earnings of ($5.10) per share for the current financial year, with EPS estimates ranging from ($5.66) to ($4.52). For the next financial year, analysts anticipate that the firm will report earnings of ($0.71) per share, with EPS estimates ranging from ($1.56) to $0.17. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Groupon.

Groupon (NASDAQ:GRPN) last posted its quarterly earnings results on Tuesday, June 16th. The coupon company reported ($1.63) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($3.00) by $1.37. The business had revenue of $374.15 million during the quarter, compared to the consensus estimate of $377.60 million. Groupon had a negative net margin of 9.60% and a negative return on equity of 16.63%.

Several research analysts have recently weighed in on GRPN shares. BidaskClub cut shares of Groupon from a “buy” rating to a “hold” rating in a report on Thursday, May 7th. ValuEngine cut shares of Groupon from a “buy” rating to a “hold” rating in a research report on Thursday, June 11th. Wedbush dropped their target price on shares of Groupon from $35.00 to $22.00 and set a “neutral” rating for the company in a research report on Thursday, June 18th. Credit Suisse Group decreased their price target on shares of Groupon from $40.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Finally, UBS Group lowered their price target on Groupon from $58.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $36.78.

Shares of Groupon stock opened at $18.12 on Friday. Groupon has a twelve month low of $9.60 and a twelve month high of $73.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.14. The company has a 50-day simple moving average of $23.83 and a two-hundred day simple moving average of $33.09.

In other Groupon news, Director Eric P. Lefkofsky bought 250,000 shares of Groupon stock in a transaction on Thursday, June 18th. The stock was bought at an average price of $21.57 per share, with a total value of $5,392,500.00. Following the completion of the acquisition, the director now owns 1,617,952 shares in the company, valued at $34,899,224.64. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Theodore Leonsis acquired 1,000,000 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The shares were bought at an average cost of $0.95 per share, for a total transaction of $950,000.00. Following the acquisition, the director now owns 2,629,996 shares of the company’s stock, valued at approximately $2,498,496.20. The disclosure for this purchase can be found here. 14.00% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GRPN. Rafferty Asset Management LLC raised its holdings in shares of Groupon by 52.1% during the 4th quarter. Rafferty Asset Management LLC now owns 72,141 shares of the coupon company’s stock valued at $172,000 after purchasing an additional 24,717 shares in the last quarter. Amundi Pioneer Asset Management Inc. grew its position in shares of Groupon by 14.1% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 271,960 shares of the coupon company’s stock worth $650,000 after buying an additional 33,555 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of Groupon during the fourth quarter worth approximately $1,169,000. Charles Schwab Investment Management Inc. lifted its holdings in Groupon by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,889,548 shares of the coupon company’s stock valued at $11,687,000 after buying an additional 154,608 shares during the period. Finally, Bank of Montreal Can boosted its stake in Groupon by 50.2% in the fourth quarter. Bank of Montreal Can now owns 64,098 shares of the coupon company’s stock valued at $153,000 after acquiring an additional 21,436 shares during the last quarter. 63.68% of the stock is owned by institutional investors.

Groupon Company Profile

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as discounted and market rates for hotel, airfare, and package deals.

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Earnings History and Estimates for Groupon (NASDAQ:GRPN)

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