Economy

Understanding the Latest Financial Performance of Groupon, Inc. (NASDAQ:GRPN)

Stock analysts at B. Riley issued their Q3 2018 earnings per share (EPS) estimates for Groupon in a research note issued on Thursday.

Groupon, Inc. (NASDAQ:GRPN) was upgraded by investment analysts at Vetr from a "strong sell" rating to a "sell" rating in a note issued to investors on Tuesday. The consensus mean EPS for the current quarter is at $0 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. SBUX has risen 2.54% in the 1-month period. The company's revenue for the quarter was down 7.6% on a year-over-year basis. Last quarter, the company saw 634.47 million in total revenues.

In the SEC's latest filings, institutions owning shares of Groupon, Inc. If you are viewing this story on another domain, it was illegally copied and republished in violation of U.S. and worldwide copyright and trademark law. The legal version of this report can be viewed at https://stocknewstimes.com/2017/11/07/brokers-set-expectations-for-groupon-inc-s-q3-2018-earnings-grpn.html.

On the other hand the company has Relative Strength Index (RSI 14) of 69.47 along with Average True Range (ATR 14) of 0.21, Consequently Groupon Cl A Cmn (NASDAQ:GRPN)'s weekly and monthly volatility is 5.10%, 3.96% respectively. Finally, Goldman Sachs Group, Inc. 2 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. DA Davidson initiated coverage on Groupon in a research note on Friday, September 22nd. Zacks Investment Research raised Groupon from a "hold" rating to a "strong-buy" rating and set a $6.25 target price for the company in a report on Monday. Seven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Jefferies Group LLC reaffirmed a "hold" rating and set a $4.00 price target on shares of Groupon in a research note on Thursday, October 19th.

Groupon, Inc. (GRPN) saw 7.52 million in free cash flow last quarter, representing a quarterly net change in cash of 18.02 million.

Shares of Starbucks Corporation (NASDAQ:SBUX) traded up 0.96% in the last session while performance was up 56.57% in the last five days. According to their observations and findings, the stock could provide a high EPS of $0.02/share and a low EPS of $-0.03/share. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.86 and a quick ratio of 0.86.

In other news, CAO Brian Stevens sold 10,000 shares of the stock in a transaction dated Thursday, August 24th. Following the completion of the transaction, the director now owns 168,887 shares in the company, valued at approximately $668,792.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider James Sullivan sold 25,000 shares of the firm's stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $4.04, for a total transaction of $40,400.00. California Public Employees Retirement System now owns 1,171,300 shares of the coupon company's stock valued at $4,603,000 after purchasing an additional 37,200 shares during the period. The disclosure for this sale can be found here. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. Finally, ProShare Advisors LLC purchased a new stake in shares of Groupon in the second quarter valued at $122,000. Quantbot Technologies LP raised its holdings in shares of Groupon by 150.3% in the 2nd quarter. 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. Virtu Financial Ltd Co holds 0.02% of its portfolio in Groupon Inc (NASDAQ:GRPN) for 36,908 shares. Geode Capital Management LLC now owns 3,145,124 shares of the coupon company's stock valued at $12,360,000 after acquiring an additional 200,246 shares in the last quarter.

Investors look favorably upon stocks with a large amount of institutional ownership.

Groupon Cl A Cmn (NASDAQ:GRPN) 52-week high price stands at $5.63 and low price stands at $2.90, its price distance from 52-week high is -3.37% while its distance from 52-week low price is 87.59%.

The TTM operating margin for the company stands at -0.4%.



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