Groupon (NASDAQ:GRPN) Trading Down 5.1% - Should You Sell?

Groupon, Inc. (NASDAQ:GRPN - Get Free Report) shares traded down 5.1% during mid-day trading on Monday . The stock traded as low as $31.87 and last traded at $31.27. 697,650 shares traded hands during trading, a decline of 53% from the average session volume of 1,488,056 shares. The stock had previously closed at $32.94.

Wall Street Analysts Forecast Growth

GRPN has been the subject of several analyst reports. Wall Street Zen downgraded Groupon from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Roth Capital reissued a "buy" rating on shares of Groupon in a report on Monday, June 2nd. The Goldman Sachs Group upped their price objective on shares of Groupon from $9.00 to $15.00 and gave the stock a "sell" rating in a report on Monday, May 12th. Northland Securities boosted their price target on shares of Groupon from $30.00 to $35.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 3rd. Finally, Roth Mkm raised their price objective on shares of Groupon from $21.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $23.25.

Groupon Trading Down 7.8%

The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 59.26 and a beta of 1.04. The company has a fifty day simple moving average of $22.49 and a 200-day simple moving average of $15.80.

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, beating the consensus estimate of ($0.20) by $0.38. The company had revenue of $117.19 million for the quarter, compared to the consensus estimate of $115.51 million. Groupon had a net margin of 3.87% and a return on equity of 91.94%. On average, research analysts forecast that Groupon, Inc. 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 modified their holdings of GRPN. New York State Teachers Retirement System bought a new stake in Groupon during the fourth quarter worth approximately $26,000. Rhumbline Advisers grew its position in shares of 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 during the last quarter. Bank of New York Mellon Corp increased its stake in shares of 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 purchasing an additional 21,859 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of 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 purchasing an additional 1,449 shares during the last quarter. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Groupon during the 4th quarter valued at approximately $2,178,000. 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.

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