Groupon, Inc. (NASDAQ:GRPN) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Groupon, Inc. has received an average recommendation of "Moderate Buy" from five research firms, with four buy ratings and one sell rating.
• Analysts have raised price targets for Groupon, with the highest target now set at $47.00 by Roth Capital, up from $33.00.
• Institutional investors own 90.05% of Groupon's stock, indicating strong confidence from large financial entities in the company's future performance.

Groupon, Inc. (NASDAQ:GRPN - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the five analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $28.00.

GRPN has been the subject of a number of analyst reports. Roth Capital raised their price objective on shares of Groupon from $33.00 to $47.00 and gave the company a "buy" rating in a research note on Friday, June 20th. Wall Street Zen lowered Groupon from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Roth Mkm increased their price objective on Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Northland Securities upped 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. Finally, The Goldman Sachs Group lifted their price target on shares of Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research note on Monday, May 12th.

Institutional Trading of Groupon

Several hedge funds have recently bought and sold shares of GRPN. BNP Paribas Financial Markets purchased a new position in shares of Groupon during the 4th quarter valued at about $422,000. Tyro Capital Management LLC purchased a new stake in shares of Groupon in the fourth quarter worth $20,964,000. Generali Investments CEE investicni spolecnost a.s. lifted its stake in shares of Groupon by 10.5% during the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 198,062 shares of the coupon company's stock valued at $3,718,000 after buying an additional 18,772 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Groupon by 32.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,463 shares of the coupon company's stock valued at $1,075,000 after acquiring an additional 21,918 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Groupon by 48,700.0% during the 1st quarter. GAMMA Investing LLC now owns 5,856 shares of the coupon company's stock valued at $1,100,000 after buying an additional 5,844 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

Groupon Trading Down 8.8%

Groupon stock traded down $3.24 during trading hours on Tuesday, reaching $33.65. The company had a trading volume of 1,069,923 shares, compared to its average volume of 1,470,842. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of -139.83 and a beta of 1.15. Groupon has a 12-month low of $7.75 and a 12-month high of $43.08. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.89 and a quick ratio of 0.89. The company has a 50-day moving average price of $33.73 and a 200 day moving average price of $22.64.

Groupon (NASDAQ:GRPN - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The coupon company reported $0.46 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.48. The business had revenue of $125.70 million during the quarter, compared to analyst estimates of $122.46 million. Groupon had a negative net margin of 1.89% and a negative return on equity of 20.65%. Equities analysts forecast that Groupon will post -0.31 earnings per share for the current year.

Groupon Company Profile

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.