Quotient Technology Inc. operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company's Quotient Promotions platform offers digital paperless, print promotion, and cash back rebates, including Coupons.com website and mobile applications; brand and retailer websites and mobile applications; and third-party publishing websites and mobile applications. It also provides Quotient Retailer Promotions Platform that uses consumer data and insights to distribute personalized and targeted media and promotions for retailers of grocery, drug, mass merchant, dollar, club, and convenience merchandise; and Quotient Media Platform, which provides targeted advertising solutions that enables brands to reach shoppers before, during, and after their shopping cycles with digital media campaigns. It also provides Quotient Retailer Performance Media Platform that uses retailer's consumer data to drive sales and enhances the shopper experience; Quotient Analytics provides campaign analytics and measured sales results to brands and retailers; Quotient Consumer Properties; and Quotient Retailer Media Services. It serves approximately 900 consumer packed goods, representing approximately 2,500 brands, including various food, beverage, personal care, and household product manufacturers; retail partners representing various classes of trade, such as grocery retailers, drug, mass merchant, dollar, club, and convenience merchandise channels; and consumers visiting its websites, mobile properties, and social channels. The company was formerly known as Coupons.com Incorporated and changed its name to Quotient Technology Inc. in October 2015. Quotient Technology Inc. was incorporated in 1998 and is headquartered in Salt Lake City, Utah.
Quotient Technology Price Performance
Shares of NYSE:QUOT opened at $2.85 on Friday. The company's fifty day moving average price is $3.39 and its 200 day moving average price is $5.07. Quotient Technology has a 1 year low of $2.58 and a 1 year high of $9.77.
Quotient Technology (NYSE:QUOT - Get Rating) last posted its earnings results on Wednesday, May 4th. The technology company reported ($0.28) earnings per share (EPS) for the quarter. Quotient Technology had a negative return on equity of 25.61% and a negative net margin of 12.06%. The firm had revenue of $78.46 million for the quarter. As a group, analysts anticipate that Quotient Technology will post -0.28 earnings per share for the current year.
Analyst Ratings Changes
Several research analysts recently issued reports on QUOT shares. Morgan Stanley reduced their target price on shares of Quotient Technology from $5.00 to $4.00 and set an "underweight" rating for the company in a report on Thursday, May 26th. StockNews.com lowered Quotient Technology from a "hold" rating to a "sell" rating in a research note on Tuesday, May 10th. Two investment analysts have rated the stock with a sell rating and two have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $8.33.
Insiders Place Their Bets
In other Quotient Technology news, Director Andrew J. Gessow bought 25,000 shares of the stock in a transaction on Thursday, June 2nd. The shares were bought at an average price of $4.08 per share, with a total value of $102,000.00. Following the purchase, the director now directly owns 335,108 shares in the company, valued at approximately $1,367,240.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.51% of the stock is currently owned by company insiders.