Groupon, Inc. (NASDAQ:GRPN) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Groupon, Inc. (NASDAQ:GRPN - Get Free Report) have received a consensus rating of "Moderate Buy" from the six analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $23.25.

A number of brokerages recently issued reports on GRPN. Wall Street Zen lowered shares of Groupon from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Ascendiant Capital Markets lifted their price target on shares of Groupon from $14.00 to $19.00 and gave the company a "buy" rating in a report on Monday, March 17th. Roth Mkm lifted their price target on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Northland Securities lifted their price target on shares of Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a report on Tuesday, June 3rd. Finally, Roth Capital reiterated a "buy" rating on shares of Groupon in a report on Monday, June 2nd.

Institutional Trading of Groupon

Institutional investors have recently added to or reduced their stakes in the business. Blueshift Asset Management LLC purchased a new stake in Groupon during the 4th quarter worth $732,000. BNP Paribas Financial Markets purchased a new stake in Groupon during the 4th quarter worth $422,000. Tyro Capital Management LLC purchased a new stake in Groupon during the 4th quarter worth $20,964,000. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Groupon during the 4th quarter worth $2,178,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Groupon by 32.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 88,463 shares of the coupon company's stock worth $1,075,000 after purchasing an additional 21,918 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Groupon Trading Up 2.8%

NASDAQ GRPN traded up $1.00 during mid-day trading on Monday, reaching $37.03. 1,720,213 shares of the stock were exchanged, compared to its average volume of 1,438,329. Groupon has a 1-year low of $7.75 and a 1-year high of $37.14. The business's fifty day simple moving average is $25.13 and its 200 day simple moving average is $17.07. The stock has a market capitalization of $1.47 billion, a PE ratio of -38.98 and a beta of 1.04. The company has a debt-to-equity ratio of 4.23, a quick ratio of 0.89 and a current ratio of 0.89.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its earnings results on Wednesday, May 7th. The coupon company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $115.51 million. On average, research analysts anticipate 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.