Groupon's (GRPN) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• Weiss Ratings has reiterated Groupon's stock rating as "sell (D-)", reflecting a negative outlook for the company.
• Roth Capital upgraded its price target for Groupon from $33.00 to $47.00, while UBS Group provided a "mixed" rating, resulting in a consensus rating of "Hold" with an average target price of $29.80.
• Groupon's stock price has shown volatility, currently trading at $22.12, down 2.5%, with a market capitalization of $894.22 million and a P/E ratio of -92.16.

Groupon (NASDAQ:GRPN - Get Free Report)'s stock had its "sell (d-)" rating restated by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Several other research firms also recently commented on GRPN. Roth Capital raised their price objective on Groupon from $33.00 to $47.00 and gave the stock a "buy" rating in a report on Friday, June 20th. Wall Street Zen downgraded Groupon from a "strong-buy" rating to a "buy" rating in a report on Friday, September 5th. UBS Group started coverage on Groupon in a report on Thursday, August 7th. They issued a "mixed" rating on the stock. Finally, Northland Securities lifted their price target on Groupon from $39.00 to $44.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Four analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Groupon currently has a consensus rating of "Hold" and an average target price of $29.80.

Groupon Trading Down 2.5%

GRPN opened at $22.12 on Wednesday. The stock's fifty day moving average is $25.73 and its two-hundred day moving average is $26.53. The company has a market capitalization of $894.22 million, a P/E ratio of -92.16 and a beta of 0.51. Groupon has a 52 week low of $7.75 and a 52 week high of $43.08. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 4.16.

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

Institutional Trading of Groupon

A number of institutional investors have recently made changes to their positions in GRPN. USA Financial Formulas acquired a new stake in shares of Groupon in the 2nd quarter worth $57,000. Raymond James Financial Inc. acquired a new stake in shares of Groupon in the 2nd quarter worth $69,000. AlphaQuest LLC boosted its position in shares of Groupon by 383.5% in the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company's stock worth $70,000 after purchasing an additional 2,949 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Groupon by 386.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,547 shares of the coupon company's stock worth $85,000 after purchasing an additional 2,023 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co acquired a new stake in shares of Groupon in the 2nd quarter worth $110,000. Institutional investors and hedge funds 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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