Groupon, Inc. (NASDAQ:GRPN) Receives Consensus Recommendation of "Hold" from Brokerages
Groupon, Inc. (NASDAQ:GRPN) has received a consensus recommendation of "Hold" from seven ratings firms. The stock has two sell ratings, one hold rating, and four buy ratings. The average 12-month price target is $29.80. Recent analyst actions include downgrades and mixed ratings. Institutional investors and hedge funds own 90.05% of the stock. Groupon's recent earnings report showed a significant loss, with negative net margin and return on equity. The company operates a marketplace connecting consumers to merchants.
Shares of Groupon, Inc. (NASDAQ:GRPN - Get Free Report) have earned an average recommendation of "Hold" from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $29.80.
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GRPN has been the subject of several recent analyst reports. Zacks Research lowered Groupon from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 27th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Groupon in a research report on Wednesday, October 8th. Northland Securities boosted their price target on shares of Groupon from $39.00 to $44.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. UBS Group assumed coverage on shares of Groupon in a report on Thursday, August 7th. They set a "mixed" rating for the company. Finally, Wall Street Zen cut shares of Groupon from a "buy" rating to a "hold" rating in a research note on Saturday, November 8th.
View Our Latest Analysis on Groupon
Hedge Funds Weigh In On Groupon
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A number of institutional investors and hedge funds have recently bought and sold shares of GRPN. CWM LLC increased its stake in shares of Groupon by 85.2% in the third quarter. CWM LLC now owns 1,858 shares of the coupon company's stock valued at $43,000 after buying an additional 855 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Groupon during the 3rd quarter worth about $53,000. USA Financial Formulas bought a new stake in Groupon during the 2nd quarter worth about $57,000. Raymond James Financial Inc. acquired a new stake in Groupon in the 2nd quarter valued at about $69,000. Finally, AlphaQuest LLC increased its position in Groupon by 383.5% in the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company's stock valued at $70,000 after acquiring an additional 2,949 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.
Groupon Stock Performance
NASDAQ:GRPN opened at $18.98 on Thursday. The firm has a market capitalization of $767.29 million, a PE ratio of -79.08 and a beta of 0.48. 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 has a 12-month low of $7.75 and a 12-month high of $43.08. The firm has a 50-day moving average price of $21.52 and a 200 day moving average price of $26.98.
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Groupon (NASDAQ:GRPN - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The coupon company reported ($2.92) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($2.93). Groupon had a negative net margin of 1.89% and a negative return on equity of 19.61%. The company had revenue of $122.83 million for the quarter, compared to analyst estimates of $121.99 million. Groupon has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts anticipate that Groupon will post -0.31 earnings per share for the current fiscal year.
Groupon Company Profile
(Get Free Report)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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