Zacks: Analysts Expect Quotient Technology Inc (QUOT) Will Announce Earnings of $0.05 Per Share

Brokerages expect Quotient Technology Inc (NYSE:QUOT) to post earnings per share of $0.05 for the current 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 during the same quarter last year, which suggests a positive year over year growth rate of 150%. The firm is expected to announce its next quarterly earnings results after the market closes on Tuesday, May 1st.

According to Zacks, 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 year, analysts expect that the firm will report earnings of $0.65 per share, with EPS estimates ranging from $0.48 to $0.97. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Quotient Technology.

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

Several research analysts recently weighed in on the stock. William Blair restated an “outperform” rating on shares of Quotient Technology in a research report on Monday, April 16th. ValuEngine cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. First Analysis boosted their price objective on shares of Quotient Technology to $18.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 13th. Wedbush restated an “outperform” rating and issued a $17.00 price objective on shares of Quotient Technology in a research report on Monday, February 12th. Finally, Zacks Investment Research cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $17.63.

QUOT stock traded down $0.15 during trading on Friday, hitting $13.55. The company had a trading volume of 207,469 shares, compared to its average volume of 391,155. 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 $10.35 and a 12 month high of $17.85. The stock has a market capitalization of $1,265.35, a PE ratio of -104.23, a price-to-earnings-growth ratio of 8.76 and a beta of -0.24.

In other Quotient Technology news, Chairman Steven R. Boal sold 50,000 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $13.20, for a total transaction of $660,000.00. Following the completion of the sale, the chairman now owns 3,300,146 shares in the company, valued at approximately $43,561,927.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Michael Horowitz sold 56,300 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $13.18, for a total transaction of $742,034.00. The disclosure for this sale can be found here. Insiders have sold a total of 206,300 shares of company stock valued at $2,784,534 in the last quarter. Corporate insiders own 11.46% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in QUOT. Bank of New York Mellon Corp increased its position in shares of Quotient Technology by 17.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 498,548 shares of the technology company’s stock valued at $7,802,000 after buying an additional 75,127 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in Quotient Technology in the 3rd quarter worth $1,325,000. Great West Life Assurance Co. Can boosted its stake in 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 worth $175,000 after purchasing an additional 6,069 shares during the period. Wells Fargo & Company MN boosted its stake in Quotient Technology by 59.0% in the 3rd quarter. Wells Fargo & Company MN now owns 78,346 shares of the technology company’s stock worth $1,227,000 after purchasing an additional 29,085 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in Quotient Technology by 7.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 344,170 shares of the technology company’s stock worth $5,387,000 after purchasing an additional 24,911 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

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Quotient Technology Company Profile

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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