Quotient Technology Inc (QUOT) Expected to Announce Earnings of $0.05 Per Share

Analysts expect Quotient Technology Inc (NYSE:QUOT) to report $0.05 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Quotient Technology’s earnings. The highest EPS estimate is $0.08 and the lowest is $0.03. Quotient Technology reported earnings per share of $0.02 in the same quarter last year, which would suggest a positive year-over-year growth rate of 150%. The business is scheduled to report its next earnings report on Tuesday, May 1st.

On average, analysts expect that Quotient Technology will report full year earnings of $0.43 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.56. For the next fiscal year, analysts expect that the company will report earnings of $0.65 per share, with EPS estimates ranging from $0.48 to $0.97. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Quotient Technology.

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Quotient Technology (NYSE:QUOT) last posted its quarterly earnings data on Tuesday, February 13th. The technology company reported $0.06 EPS for the quarter. The firm had revenue of $93.09 million during the quarter, compared to analysts’ expectations of $92.48 million. Quotient Technology had a negative return on equity of 3.02% and a negative net margin of 4.68%.

Several equities analysts recently commented on the company. ValuEngine raised Quotient Technology from a “sell” rating to a “hold” rating in a research report on Tuesday, February 20th. Oppenheimer assumed coverage on Quotient Technology in a report on Wednesday, February 21st. They set an “outperform” rating and a $16.00 price objective on the stock. Zacks Investment Research upgraded Quotient Technology from a “sell” rating to a “hold” rating in a report on Thursday, February 15th. Wedbush reiterated an “outperform” rating and issued a $17.00 price target on shares of Quotient Technology in a report on Monday, February 12th. Finally, First Analysis upped their price objective on Quotient Technology to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. Quotient Technology presently has a consensus rating of “Buy” and an average target price of $17.63.

Shares of NYSE:QUOT opened at $13.35 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.03 and a quick ratio of 6.03. Quotient Technology has a 12-month low of $9.10 and a 12-month high of $17.85.

In related news, Director Steven Michael Horowitz sold 56,300 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $13.18, for a total transaction of $742,034.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Steven R. Boal sold 50,000 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $13.20, for a total value of $660,000.00. Following the sale, the chairman now directly owns 3,300,146 shares of the company’s stock, valued at $43,561,927.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 156,300 shares of company stock valued at $2,117,534. 11.46% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. American International Group Inc. boosted its position in shares of Quotient Technology by 8.1% in the 3rd quarter. American International Group Inc. now owns 49,402 shares of the technology company’s stock worth $773,000 after purchasing an additional 3,694 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in shares of Quotient Technology by 116.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 11,269 shares of the technology company’s stock valued at $175,000 after purchasing an additional 6,069 shares during the period. Wolverine Trading LLC raised its stake in shares of Quotient Technology by 119.8% in the 4th quarter. Wolverine Trading LLC now owns 12,140 shares of the technology company’s stock valued at $143,000 after purchasing an additional 6,617 shares during the period. Amalgamated Bank acquired a new stake in shares of Quotient Technology in the 4th quarter valued at about $121,000. Finally, Capital Fund Management S.A. acquired a new stake in shares of Quotient Technology in the fourth quarter valued at about $140,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

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About Quotient Technology

Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.

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Earnings History and Estimates for Quotient Technology (NYSE:QUOT)

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