Groupon, Inc. (NASDAQ:GRPN) Receives Average Recommendation of “Moderate Buy” from Analysts

Groupon, Inc. (NASDAQ:GRPN) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $28.00.

Several research analysts have weighed in on GRPN shares. Ascendiant Capital Markets lifted their target price on Groupon from $14.00 to $19.00 and gave the stock a “buy” rating in a report on Monday, March 17th. The Goldman Sachs Group lifted their target price on Groupon from $9.00 to $15.00 and gave the stock a “sell” rating in a report on Monday, May 12th. Roth Capital lifted their target price on Groupon from $33.00 to $47.00 and gave the stock a “buy” rating in a report on Friday. Roth Mkm lifted their target price on Groupon from $21.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Finally, Wall Street Zen lowered Groupon from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 22nd.

Groupon Stock Performance

GRPN stock opened at $36.44 on Monday. The business’s 50-day moving average price is $25.86 and its two-hundred day moving average price is $17.45. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 4.23. The firm has a market cap of $1.45 billion, a PE ratio of -38.36 and a beta of 1.04. Groupon has a 1-year low of $7.75 and a 1-year high of $41.26.

Groupon (NASDAQ:GRPN) last posted its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.38. The firm had revenue of $117.19 million for the quarter, compared to analyst estimates of $115.51 million. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. As a group, research analysts forecast that Groupon will post -0.31 earnings per share for the current year.

Institutional Trading of Groupon

Hedge funds and other institutional investors have recently modified their holdings of the company. New York State Teachers Retirement System acquired a new stake in shares of Groupon in the 4th quarter valued at about $26,000. Picton Mahoney Asset Management raised its stake in shares of Groupon by 68.2% in the 4th quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company’s stock valued at $30,000 after purchasing an additional 992 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of Groupon in the 4th quarter valued at about $41,000. AlphaQuest LLC raised its stake in shares of Groupon by 383.5% in the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company’s stock valued at $70,000 after purchasing an additional 2,949 shares during the period. Finally, Amundi increased its position in shares of Groupon by 35.5% in the fourth quarter. Amundi now owns 3,838 shares of the coupon company’s stock valued at $47,000 after acquiring an additional 1,006 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Groupon Company Profile

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.