Groupon (GRPN) Expected to Announce Earnings on Friday

Groupon (NASDAQ:GRPN) is projected to release its earnings data before the market opens on Friday, March 21st. Analysts expect Groupon to post earnings of ($0.06) per share and revenue of $127.74 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Groupon Stock Up 5.4 %

Shares of Groupon stock opened at $16.79 on Thursday. Groupon has a 12-month low of $7.75 and a 12-month high of $18.47. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 5.66. The company’s fifty day simple moving average is $11.79 and its two-hundred day simple moving average is $11.14. The company has a market cap of $668.43 million, a P/E ratio of 32.92 and a beta of 1.41.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on GRPN shares. The Goldman Sachs Group raised their target price on Groupon from $8.00 to $9.00 and gave the company a “sell” rating in a research note on Friday, March 14th. Ascendiant Capital Markets raised their price target on Groupon from $14.00 to $19.00 and gave the company a “buy” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $17.75.

Groupon Company Profile

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.