Analysts Set Groupon, Inc. (NASDAQ:GRPN) Price Target at $18.75

Shares of Groupon, Inc. (NASDAQ:GRPN - Get Free Report) have received an average recommendation of "Moderate Buy" from the five ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $18.75.

A number of research analysts have recently issued reports on GRPN shares. Roth Mkm raised their price objective on Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. The Goldman Sachs Group lifted their price target on Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a research note on Monday, May 12th. Wall Street Zen lowered Groupon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Finally, Ascendiant Capital Markets raised their target price on shares of Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a report on Monday, March 17th.

Groupon Price Performance

GRPN traded up $1.46 during midday trading on Thursday, hitting $28.21. The stock had a trading volume of 639,125 shares, compared to its average volume of 1,506,165. Groupon has a 1 year low of $7.75 and a 1 year high of $28.48. The company has a debt-to-equity ratio of 5.66, a quick ratio of 0.93 and a current ratio of 0.93. The business has a fifty day moving average of $20.18 and a 200 day moving average of $14.44. The company has a market cap of $1.12 billion, a P/E ratio of 55.32 and a beta of 0.83.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The coupon company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.38. The company had revenue of $117.19 million during the quarter, compared to analysts' expectations of $115.51 million. Groupon had a net margin of 3.87% and a return on equity of 91.94%. As a group, equities analysts forecast that Groupon will post -0.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GRPN. New York State Teachers Retirement System bought a new stake in shares of Groupon in the 4th quarter worth approximately $26,000. Rhumbline Advisers lifted its stake in Groupon by 3.2% in the fourth quarter. Rhumbline Advisers now owns 33,716 shares of the coupon company's stock worth $410,000 after acquiring an additional 1,030 shares during the period. Bank of New York Mellon Corp lifted its stake in Groupon by 42.7% in the fourth quarter. Bank of New York Mellon Corp now owns 73,088 shares of the coupon company's stock worth $888,000 after acquiring an additional 21,859 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Groupon by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 200,436 shares of the coupon company's stock valued at $2,435,000 after acquiring an additional 1,449 shares in the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. purchased a new position in Groupon during the 4th quarter valued at $2,178,000. Institutional investors own 90.05% of the company's stock.

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.