Groupon Inc (NASDAQ:GRPN) has been given a consensus rating of “Hold” by the twenty-three research firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $4.90.
Several equities research analysts have commented on the stock. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $4.80 target price on shares of Groupon in a research note on Thursday, February 15th. DA Davidson reaffirmed a “buy” rating on shares of Groupon in a research note on Thursday, November 30th. Morgan Stanley reaffirmed a “sell” rating and issued a $4.30 target price on shares of Groupon in a research note on Thursday, February 15th. Vetr raised shares of Groupon from a “hold” rating to a “strong-buy” rating and set a $6.79 target price for the company in a research note on Tuesday, December 12th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $6.25 price target on shares of Groupon in a research note on Tuesday, December 12th.
In related news, Director Eric P. Lefkofsky sold 1,500,000 shares of the stock in a transaction on Thursday, March 8th. The shares were sold at an average price of $4.60, for a total transaction of $6,900,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Brian Stevens sold 15,000 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $4.61, for a total transaction of $69,150.00. Following the transaction, the chief accounting officer now owns 232,751 shares of the company’s stock, valued at approximately $1,072,982.11. The disclosure for this sale can be found here. Corporate insiders own 23.40% of the company’s stock.
Shares of Groupon (GRPN) traded up $0.16 during trading hours on Wednesday, reaching $4.66. 7,183,385 shares of the company’s stock traded hands, compared to its average volume of 10,800,000. Groupon has a 1 year low of $2.90 and a 1 year high of $5.99. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $2,620.00, a P/E ratio of 233.00, a PEG ratio of 20.19 and a beta of 1.61.
Groupon (NASDAQ:GRPN) last issued its earnings results on Wednesday, February 14th. The coupon company reported $0.07 EPS 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 firm had revenue of $873.17 million during the quarter, compared to the consensus estimate of $853.13 million. During the same period in the previous year, the company posted $0.07 EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. equities analysts forecast that Groupon will post 0.03 earnings per share for the current year.
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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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