Groupon Inc (GRPN) Issues Quarterly Earnings Results

Groupon, Inc. (NASDAQ:GRPN) reported North America gross profit in the first quarter 2017 increased 2% to $220.9 million from $215.9 million in the first quarter 2016. Closing price generally refers to the last price at which a stock trades during a regular trading session.

Usually, the ROE ratio's between 12-15 percent are considered desirable. EPS breaks down the profitability of the company on a single share basis. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

On 11/28/2016 Brian Stevens, CAO, sold 10,000 with an average share price of $4.11 per share and the total transaction amounting to $41,100.00. The stock was sold at an average price of $4.26, for a total value of $400,303.68. The disclosure for this sale can be found here. Buy rating has been given by 9 analysts to the company stock whereas 2 analysts given UNDERPERFORM rating to stock and 7 analysts given HOLD rating. Investors purchased 11,538 put options on the company. Sumitomo Mitsui Asset Management Company LTD acquired a new position in Groupon during the third quarter valued at $30,647,000. Chicago Equity Partners LLC now owns 1,379,525 shares of the coupon company's stock worth $7,105,000 after buying an additional 1,363,915 shares in the last quarter. Finally, Morgan Stanley raised its stake in Groupon by 44.5% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 43,827 shares of the coupon company's stock worth $146,000 after buying an additional 6,389 shares during the period.

Groupon (NASDAQ:GRPN) opened at 3.47 on Thursday. The firm has a 50 day moving average price of $3.88 and a 200-day moving average price of $3.91. The stock's market capitalization is $2.26 billion.

Groupon (NASDAQ:GRPN) last posted its earnings results on Wednesday, May 3rd. The coupon company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. Groupon is expected to report revenues of around $731 million and zero earning in Q1 2017, per consensus estimates compiled by Reuters.

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. Earnings per share (EPS) is -0.34, and this is looking to grow in the next year to 106.25% after growing -114.80% this past year. So far, analysts are sticking with their bearish recommendations with the consensus call at 3.

Groupon, Inc. (NASDAQ:GRPN) yearly performance is 14.61% and net profit margin is -6.20%. Inc. boosted its position in Groupon by 81.1% in the third quarter. They set an "underweight" rating and a $3.60 target price for the company. Analysts have a mean recommendation of 3.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Two analysts have rated the stock with a sell rating, twelve have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

  • Arturo Norris