Economy

Factors to Note Before Buying Groupon, Inc. (GRPN)

Groupon, Inc. (NASDAQ:GRPN) traded at an unexpectedly low level on 09/14/2017 when the stock experienced a -1.14% loss to a closing price of $4.33. The analysts, on average, are forecasting a $4.38 price target, but the stock is already up 49.31% from its recent lows.

Several hedge funds and other institutional investors have recently made changes to their positions in GRPN. Wedbush restated an "outperform" rating and issued a $6.50 target price on shares of Groupon in a research note on Thursday, October 27th. Barclays PLC reiterated an "underweight" rating and issued a $3.85 price objective (up from $3.40) on shares of Groupon in a report on Wednesday, August 9th. Given that its average daily volume over the 30 days has been 7.5 million shares a day, this signifies a pretty significant change over the norm.

Groupon, Inc. (GRPN) has the market capitalization of $2.4 Billion. (GRPN)'s shares. The total value of these holdings, in millions, is $1,399. While the company's share hit the 52 week high on 09/22/16 stationing the value of $5.53.

It is trading at $4.32 which is marginally over the 50 day moving average which is $4.13 and much higher than the 200 day moving average of $3.78.

Groupon, Inc. (GRPN) pays out an annual dividend per share. The company beat the analyst EPS Estimate with the difference of $0.01. The firm had revenue of $662.60 million during the quarter, compared to analyst estimates of $668.84 million. Groupon had a negative net margin of 6.03% and a negative return on equity of 29.46%.

The company trades at a free cash flow yield of 1.1. During the same quarter in the prior year, the business posted $0.04 EPS.

Returns and Valuations for Groupon, Inc.

In related news, CAO Brian Stevens sold 10,000 shares of the stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $4.11, for a total transaction of $41,100.00. Wells Fargo & Company MN now owns 510,797 shares of the coupon company's stock valued at $2,008,000 after purchasing an additional 326,756 shares during the period. Also, insider James Sullivan sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 8th.

The Stock had a 3.16 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.79 and 2.95 respectively. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The disclosure for this sale can be found here. The Director now owns $405,570,124 of the stock per the Form 4 SEC filing. This represents a decrease of -5% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. J. Goldman & Company now owns 8,480 shares of the coupon company's stock valued at $28,000 after buying an additional 4,291 shares in the last quarter. First Midwest Bank Trust Division acquired a new stake in Groupon during the third quarter valued at approximately $103,000. Bank of New York Mellon Corp boosted its holdings in shares of Groupon by 5.5% in the first quarter. Swiss National Bank boosted its holdings in shares of Groupon by 2.1% in the first quarter. In the case of GRPN, the data has a lot to say about how the stock might perform going forward.



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