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

Groupon, Inc. (NASDAQ:GRPN - Get Free Report) has earned an average rating of "Moderate Buy" from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $23.25.

GRPN has been the topic of several research analyst reports. Roth Mkm raised their price objective on Groupon from $21.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Roth Capital restated a "buy" rating on shares of Groupon in a report on Monday, June 2nd. Wall Street Zen cut Groupon from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd. Northland Securities boosted their price objective on Groupon from $30.00 to $35.00 and gave the company an "outperform" rating in a research report on Tuesday, June 3rd. Finally, Ascendiant Capital Markets increased their target price on Groupon from $14.00 to $19.00 and gave the stock a "buy" rating in a research note on Monday, March 17th.

Institutional Investors Weigh In On Groupon

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

Groupon Trading Up 2.8%

Shares of NASDAQ:GRPN traded up $1.00 during midday trading on Monday, hitting $37.03. The company had a trading volume of 1,720,213 shares, compared to its average volume of 1,438,329. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 4.23. Groupon has a 12 month low of $7.75 and a 12 month high of $37.11. The firm has a fifty day simple moving average of $25.13 and a 200 day simple moving average of $17.07. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of -38.98 and a beta of 1.04.

Groupon (NASDAQ:GRPN - Get Free Report) last issued 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. The firm had revenue of $117.19 million for the quarter, compared to analysts' expectations of $115.51 million. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. On average, analysts predict that Groupon will post -0.31 EPS 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.