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 repurchase plan on Wednesday, May 9th 2018, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 11% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Groupon (NASDAQ:GRPN) announced its earnings results on Wednesday, May, 9th. The coupon company reported $0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.00 by $0.03. The coupon company earned $626.54 million during the quarter, compared to the consensus estimate of $604.16 million. Groupon had a return on equity of 6.53% and a net margin of 1.13%. The firm's quarterly revenue was down 7.0% on a year-over-year basis. During the same period last year, the firm posted $0.01 earnings per share. View Groupon's Earnings History.

16 brokerages have issued 12 month price targets for Groupon's stock. Their forecasts range from $3.50 to $7.00. On average, they expect Groupon's share price to reach $5.1633 in the next year. 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 daily volume of 6,900,276 shares, the days-to-cover ratio is currently 5.1 days. Currently, 8.0% of the company's stock are sold short. 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 coverage about GRPN stock has been trending somewhat negative recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Groupon earned a news sentiment score of -0.04 on Accern's scale. They also assigned headlines about the coupon company an impact score of 48.87 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Groupon's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $4.50.

Groupon has a market capitalization of $2.51 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]