NASDAQ:GRPN - Groupon Stock Price, Price Target & More

Groupon trades on the NASDAQ under the ticker symbol "GRPN."

Groupon declared that its board has initiated a stock buyback program on Wednesday, May 9th 2018, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 11% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Groupon (NASDAQ:GRPN) issued its quarterly earnings data on Wednesday, May, 9th. The coupon company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.00 by $0.03. The coupon company had revenue of $626.54 million for the quarter, compared to analyst estimates of $604.16 million. Groupon had a net margin of 1.13% and a return on equity of 6.53%. The business's revenue was down 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.01 EPS. View Groupon's Earnings History.

16 Wall Street analysts have issued twelve-month price targets for Groupon's shares. Their predictions range from $3.50 to $7.00. On average, they expect Groupon's share price to reach $5.1633 in the next twelve months. View Analyst Ratings for Groupon.

Groupon saw a increase in short interest in May. As of May 31st, there was short interest totalling 34,916,522 shares, an increase of 7.8% from the May 15th total of 32,382,263 shares. Based on an average trading volume of 6,900,276 shares, the days-to-cover ratio is presently 5.1 days. Currently, 8.0% of the shares of the stock are short sold. View Groupon's Current Options Chain.

Some companies that are related to Groupon include Interpublic Group of Companies (IPG), JCDecaux (DEC), HAVAS (HAVSF), Stroeer SE & Co KGaA (SAX), Criteo (CRTO), Next Fifteen Communications Group (NFC), Tarsus Group (TRS), M&C Saatchi (SAA), Huntsworth (HNT), MDC Partners (MDCA), Telaria (TLRA), Social Reality (SRAX), AirMedia Group (AMCN), The Mission Marketing Group (TMMG) and Reach4entertainment Enterprises (R4E).

News articles about GRPN stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Groupon earned a coverage optimism score of 0.07 on Accern's scale. They also gave news headlines about the coupon company an impact score of 47.03 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Groupon's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.07%), Jericho Capital Asset Management L.P. (3.35%), Allianz Asset Management GmbH (1.60%), Allianz Asset Management GmbH (1.60%), Old Mutual Global Investors UK Ltd. (1.53%) and P2 Capital Partners LLC (1.42%). Company insiders that own Groupon stock include Brian Stevens, Dane A Drobny, Eric P Lefkofsky, James Sullivan and Peter J Barris. View Institutional Ownership Trends for Groupon.

GRPN stock was sold by a variety of institutional investors in the last quarter, including Jericho Capital Asset Management L.P., Russell Investments Group Ltd., California Public Employees Retirement System, JPMorgan Chase & Co., Cubist Systematic Strategies LLC, Teacher Retirement System of Texas, Legal & General Group Plc and California State Teachers Retirement System. Company insiders that have sold Groupon company stock in the last year include Brian Stevens, Eric P Lefkofsky, James Sullivan and Peter J Barris. View Insider Buying and Selling for Groupon.

GRPN stock was acquired by a variety of institutional investors in the last quarter, including P2 Capital Partners LLC, Old Mutual Global Investors UK Ltd., Wells Fargo & Company MN, Dimensional Fund Advisors LP, Prudential Financial Inc., Spark Investment Management LLC, American Century Companies Inc. and Pinnacle Associates Ltd.. View Insider Buying and Selling for Groupon.

Shares of GRPN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GRPN stock can currently be purchased for approximately $4.48.

Groupon has a market capitalization of $2.66 billion and generates $2.84 billion in revenue each year. The coupon company earns $14.04 million in net income (profit) each year or ($0.03) on an earnings per share basis. Groupon employs 6,672 workers across the globe.

Groupon's mailing address is 600 WEST CHICAGO AVENUE SUITE 400, CHICAGO IL, 60654. The coupon company can be reached via phone at 312-334-1579 or via email at [email protected]