News stories about Quotient Technology (NYSE:QUOT) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Quotient Technology earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 44.4310440201661 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Quotient Technology Inc. (QUOT) Upgraded by BidaskClub to Strong-Buy (americanbankingnews.com)
- Quotient Technology Inc. (QUOT) Given Average Recommendation of “Buy” by Analysts (americanbankingnews.com)
- Quotient Technology Reaches Analyst Target Price (thestreet.com)
- Quotient Technology Inc. (QUOT) Now Covered by DA Davidson (americanbankingnews.com)
- Trader’s Watch List: Teva Pharmaceutical Industries Limited (TEVA) (newstrendstoday.com)
A number of analysts have recently commented on the company. BidaskClub upgraded Quotient Technology from a “buy” rating to a “strong-buy” rating in a research report on Saturday. DA Davidson assumed coverage on Quotient Technology in a report on Wednesday. They set a “buy” rating and a $18.00 price target on the stock. Royal Bank Of Canada reissued a “buy” rating and set a $17.00 price target on shares of Quotient Technology in a report on Friday, September 1st. ValuEngine raised Quotient Technology from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, TheStreet raised Quotient Technology from a “d+” rating to a “c-” rating in a report on Tuesday, August 1st. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Quotient Technology presently has an average rating of “Buy” and a consensus target price of $15.86.
Shares of Quotient Technology (NYSE QUOT) traded up 1.86% on Friday, hitting $16.45. The company had a trading volume of 1,260,254 shares. The company has a 50-day moving average of $14.28 and a 200 day moving average of $11.85. The stock’s market cap is $1.52 billion. Quotient Technology has a 12 month low of $9.10 and a 12 month high of $16.48.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings results on Tuesday, August 1st. The technology company reported ($0.01) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.03. The business had revenue of $74.49 million during the quarter, compared to the consensus estimate of $73.72 million. Quotient Technology had a negative net margin of 5.61% and a negative return on equity of 2.92%. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.04) EPS. Analysts anticipate that Quotient Technology will post $0.24 EPS for the current fiscal year.
In other Quotient Technology news, CEO Steven R. Boal sold 98,153 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $14.97, for a total value of $1,469,350.41. Following the completion of the sale, the chief executive officer now owns 568,823 shares in the company, valued at approximately $8,515,280.31. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Steven R. Boal sold 121,847 shares of the stock in a transaction that occurred on Tuesday, September 5th. The stock was sold at an average price of $14.83, for a total transaction of $1,806,991.01. Following the completion of the sale, the chief executive officer now owns 725,991 shares of the company’s stock, valued at approximately $10,766,446.53. The disclosure for this sale can be found here. In the last quarter, insiders sold 563,724 shares of company stock valued at $7,622,888. Insiders own 11.99% of the company’s stock.
About Quotient Technology
Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.
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