Groupon, Inc. (NASDAQ:GRPN) Receives Average Rating of "Moderate Buy" from Analysts

Groupon, Inc. (NASDAQ:GRPN - Get Free Report) has been given an average rating of "Moderate Buy" by the five analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $28.00.

Several research analysts recently issued reports on the company. Wall Street Zen downgraded Groupon from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Roth Mkm boosted their price target on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. The Goldman Sachs Group upped their price objective on Groupon from $9.00 to $15.00 and gave the company a "sell" rating in a research report on Monday, May 12th. Roth Capital increased their price objective on Groupon from $33.00 to $47.00 and gave the company a "buy" rating in a research note on Friday, June 20th. Finally, Northland Securities boosted their target price on shares of Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Tuesday, June 3rd.

Institutional Investors Weigh In On Groupon

Hedge funds have recently made changes to their positions in the business. KLP Kapitalforvaltning AS purchased a new position in Groupon during the fourth quarter worth about $41,000. USA Financial Formulas acquired a new position in shares of Groupon during the 2nd quarter valued at about $57,000. AlphaQuest LLC increased its stake in shares of Groupon by 383.5% during the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company's stock valued at $70,000 after acquiring an additional 2,949 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Groupon by 115.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,559 shares of the coupon company's stock worth $128,000 after acquiring an additional 78,423 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Groupon by 36.4% in the fourth quarter. Wells Fargo & Company MN now owns 12,519 shares of the coupon company's stock worth $152,000 after acquiring an additional 3,342 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Groupon Trading Up 6.6%

NASDAQ:GRPN opened at $30.97 on Tuesday. Groupon has a 52-week low of $7.75 and a 52-week high of $41.26. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 4.23. The stock has a fifty day simple moving average of $33.50 and a 200-day simple moving average of $22.34. The company has a market capitalization of $1.23 billion, a PE ratio of -32.60 and a beta of 1.15.

Groupon (NASDAQ:GRPN - Get Free Report) last posted its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.38. Groupon had a negative net margin of 8.13% and a negative return on equity of 83.07%. The firm had revenue of $117.19 million during the quarter, compared to the consensus estimate of $115.51 million. On average, equities research analysts expect that Groupon will post -0.31 earnings per share for the current fiscal year.

About Groupon

Groupon, Inc, together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and International. The company sells goods or services on behalf of third-party merchants. It serves customers through its mobile applications and websites.

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