Groupon Company Profile (NASDAQ:GRPN)

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

Groupon, Inc. (NASDAQ:GRPN) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.02 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.06. The firm earned $662.60 million during the quarter, compared to analysts' expectations of $668.84 million. Groupon had a negative return on equity of 13.08% and a negative net margin of 4.16%. The business's revenue was down 8.5% on a year-over-year basis. During the same period last year, the firm posted ($0.01) EPS. View Groupon's Earnings History.

Groupon is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Groupon.

19 analysts have issued 1-year price objectives for Groupon's shares. Their forecasts range from $3.20 to $7.00. On average, they expect Groupon's share price to reach $4.81 in the next twelve months. View Analyst Ratings for Groupon.

Here are some recent quotes from research analysts about Groupon stock:

• 1. Jefferies Group LLC analysts commented, "GRPN reported a mixed quarter with top line impacted by int’l restructuring, macro headwinds in NA and increased focus on gross profit driving mix shift from 1P Goods to higher margin but 3P Local. The Co completed its int’l rationalization in Q1 and mgmt reiterated prior FY17 guidance. Focus in 2017 remains on gross profit growth, expanding further the customer base and improving the user experience. We maintain our Hold and lower PT to $4. Results: Total Revenue declined 4% Y/Y (-3% ex-FX) to $674MM vs. Street expectations of $722MM. Adjusted EBITDA of $45MM came in above cons at $36MM. Non-GAAP EPS of $0.01 was ahead of Street’s ($0.01). North America (NA) revenue declined 5% Y/Y to $473MM, below Street’s $515MM. Int’l revenue increased 1% Y/Y (+5% ex-FX) to $200MM, below Street’s $207MM. Gross billings were down 1% Y/Y at $1.36B (flat ex-FX), coming in below Street expectations of $1.47B." (5/5/2017)
• 2. Macquarie analysts commented, "GRPN continues to show progress against its key strategic priorities, and this mgmt team's disciplined/focused approach coupled w/the large fragmented TAM in online local underpin our OP rating on the stock. We see potential for organic N.A. local trends to re-accelerate over the next few quarters driven by recent consumer/merchant product improvements and investment in improving avg customer frequency; LT, there is also some potential for Intl. Our revised $5.50 price target implies 11.5x '17 EV/EBITDA, adj. for GRPN's $451mm merchant payable, and gives no credit for TMON or any future exited country sales." (2/16/2017)
• 3. UBS AG analysts commented, "Groupon delivered a solid set of Q4 results with $1.70bn in gross bookings (inline with UBSe), revenue of $935m (vs. UBSe of $912m & implied guidance of $867-942m) and Adj. EBITDA of $81m (vs. UBSe of $55m & implied guidance of $53-68m) and an initial 2017 guidance largely inline with Street expectations. While we see progress in some key initiatives e.g., streamlining operations (final country footprint of 15 by Q1'17, from 47 at the beginning of '15) and improving customer experience (e.g., enhanced mobile app), we remain cautious on the company's ability to balance marketing investments (mgmt expects marketing spend to remain stable as % of gross billings in 2017) vs. driving NA customer growth (guidance calls for 500k net adds per quarter over 2017 vs. 1m on average in 2016). We maintain our Sell rating but increase our PT to $3.75." (2/16/2017)
• 4. Wedbush analysts commented, "We expect steady progress on growth initiatives will likely result in low-double-digit earnings growth, as restructuring is lapped and larger cohorts continue to stack. However, we are downgrading to NEUTRAL from OUTPERFORM as the stock has achieved our price target." (2/16/2017)
• 5. Evercore ISI analysts commented, "In Line on Revenue and Below on CSOI. We are in line with the Street on 4Q16 billings at $1.7bn (down 1% y/y) and on net revenue at $917mm (flat y/ y). However, we are slightly lower than Street at $21mm for CSOI (down 37% y/ y and 5.7% of revenue) and $0.04 for adj. EPS vs. Street at $24mm and $0.03 respectively. Mixed intra-quarter traffic data supports this conservatism in addition to survey data that suggests low net promoter scores. For 2017, we expect net revenue of $1.4bn (2% y/y and 1% below Street) on billings of $6.3bn (3% y/y), and for the bottom-line CSOI of $105mm (7.7% of revenue). While Groupon valuation looks fairly inexpensive on a multiple-to-billings or revenues, it is important to not lose sight of the fact that global billings and revenues are not growing, as the company looks to reposition itself in fewer key markets, while GAAP EPS remains negative. Further, although the company does appear to have ample cash reserve (~$700mm), there are roughly $600mm in accrued merchant payables on roughly break-even FCF. As such, at a minimum, we see the high level of volatility for Groupon shares as continuing. Our $5.00 target (unchanged), implies the shares can trade at 0.35x EV / 2018 billings, or 0.7x EV / 2018 revenue, and 32x 2018 adj. P/E, though offering little valuation support on a GAAP P/E basis until 2021 (41x)." (2/13/2017)

Groupon saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 37,352,394 shares, an increase of 15.0% from the September 15th total of 32,470,686 shares. Based on an average trading volume of 7,672,637 shares, the days-to-cover ratio is presently 4.9 days. Approximately 8.8% of the company's shares are sold short.

Some companies that are related to Groupon include Dunkin' Brands Group (DNKN), Liberty Interactive Corporation (LVNTA), AutoNation (AN), Signet Jewelers Limited (SIG), Foot Locker (FL), Metro AG (MTTRY), Penske Automotive Group (PAG), Stamps.com (STMP), Wendy's Company (The) (WEN), The Michaels Companies (MIK), Tempur Sealy International (TPX), Texas Roadhouse (TXRH), Tech Data Corporation (TECD), Beacon Roofing Supply (BECN), Five Below (FIVE), Jack In The Box (JACK), Aaron's, (AAN) and Dick's Sporting Goods (DKS).

Groupon's management team includes the folowing people:

• Andrew D. Mason, CEO and Director
• Jason E. Child, CFO
• Eric P. Lefkofsky, Chairman
• Eric P. Lefkofsky, Chairman of the Board
• Rich Williams, Chief Executive Officer, Director
• Bradley A. Keywell, Co-Founder, Independent Director
• Michael Randolfi, Chief Financial Officer
• Brian Stevens, Chief Accounting Officer, Treasurer
• Dane A. Drobny, General Counsel, Corporate Secretary
• Theodore J. Leonsis, Lead Independent Director

Groupon's stock is owned by many different of retail and institutional investors. Top institutional shareholders include River & Mercantile Asset Management LLP (0.12%) and Nationwide Fund Advisors (0.04%). 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.

Groupon's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors. Company insiders that have sold Groupon stock in the last year include Brian Stevens, Dane A Drobny, Eric P Lefkofsky, James Sullivan and Peter J Barris. View Insider Buying and Selling for Groupon.

Groupon's stock was acquired by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP. View Insider Buying and Selling for Groupon.

Shares of Groupon can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Groupon stock can currently be purchased for approximately $4.61.