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

Key Points

• Groupon, Inc. has received a consensus rating of "Moderate Buy" from analysts, with one sell rating and four buy ratings across five brokerages covering the firm.
• The average 12-month price target for Groupon is $29.80, with varying projections from different analyst firms, including Roth Capital raising it to $47.00.
• The company's recent quarterly earnings exceeded expectations, reporting $0.46 earnings per share against a consensus of ($0.02), and revenues of $125.70 million for the quarter.

Shares of Groupon, Inc. (NASDAQ:GRPN - Get Free Report) have earned an average rating of "Moderate Buy" from the five analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $29.80.

GRPN has been the subject of a number of research reports. Roth Capital boosted their target price 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. Northland Securities upped their target price on shares of Groupon from $39.00 to $44.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. UBS Group began coverage on shares of Groupon in a report on Thursday, August 7th. They issued a "mixed" rating for the company. Wall Street Zen raised shares of Groupon from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 9th. Finally, The Goldman Sachs Group upped their target price on shares of Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a report on Monday, May 12th.

Groupon Stock Down 5.0%

Shares of GRPN traded down $1.29 during mid-day trading on Friday, reaching $24.55. The company had a trading volume of 469,905 shares, compared to its average volume of 1,456,602. Groupon has a 52 week low of $7.75 and a 52 week high of $43.08. The company has a market capitalization of $992.72 million, a price-to-earnings ratio of -102.25 and a beta of 0.68. The firm has a 50-day moving average price of $31.64 and a 200 day moving average price of $24.82. The company has a debt-to-equity ratio of 4.16, a quick ratio of 0.96 and a current ratio of 0.96.

Groupon (NASDAQ:GRPN - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The coupon company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.48. Groupon had a negative net margin of 1.89% and a negative return on equity of 19.61%. The company had revenue of $125.70 million during the quarter, compared to analyst estimates of $122.46 million. On average, sell-side analysts forecast that Groupon will post -0.31 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GRPN. USA Financial Formulas bought a new position in shares of Groupon during the 2nd quarter valued at about $57,000. Raymond James Financial Inc. purchased a new stake in shares of Groupon during the 2nd quarter valued at about $69,000. AlphaQuest LLC raised its position 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 buying an additional 2,949 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of Groupon by 386.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,547 shares of the coupon company's stock valued at $85,000 after buying an additional 2,023 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co purchased a new stake in shares of Groupon during the 2nd quarter valued at about $110,000. Institutional investors own 90.05% of the company's stock.

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.