Groupon, Inc. (NASDAQ:GRPN) Receives $28.00 Consensus Target Price from Analysts

Shares of Groupon, Inc. (NASDAQ:GRPN) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $28.00.

A number of research firms have issued reports on GRPN. Wall Street Zen downgraded Groupon from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 22nd. The Goldman Sachs Group increased their price target on Groupon from $9.00 to $15.00 and gave the company a “sell” rating in a report on Monday, May 12th. Roth Mkm raised their price target on Groupon from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Roth Capital boosted their price target on Groupon from $33.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, June 20th. Finally, Northland Securities upped their target price on Groupon from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, June 3rd.

Groupon Trading Up 2.1%

GRPN stock opened at $33.49 on Friday. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of -35.25 and a beta of 1.08. The company has a debt-to-equity ratio of 4.23, a current ratio of 0.89 and a quick ratio of 0.89. Groupon has a one year low of $7.75 and a one year high of $41.26. The company has a fifty day moving average price of $32.02 and a two-hundred day moving average price of $20.49.

Groupon (NASDAQ:GRPN) last released its quarterly earnings results on Wednesday, May 7th. The coupon company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.38. The business had revenue of $117.19 million during the quarter, compared to analyst estimates of $115.51 million. Groupon had a negative return on equity of 83.07% and a negative net margin of 8.13%. Equities analysts anticipate that Groupon will post -0.31 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Picton Mahoney Asset Management grew its holdings in Groupon by 68.2% in the fourth quarter. Picton Mahoney Asset Management now owns 2,446 shares of the coupon company’s stock worth $30,000 after purchasing an additional 992 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Groupon during the 4th quarter valued at $41,000. AlphaQuest LLC grew its position in Groupon by 383.5% during the 1st quarter. AlphaQuest LLC now owns 3,718 shares of the coupon company’s stock valued at $70,000 after purchasing an additional 2,949 shares during the last quarter. Amundi lifted its stake in shares of Groupon by 35.5% in the 4th quarter. Amundi now owns 3,838 shares of the coupon company’s stock worth $47,000 after purchasing an additional 1,006 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Groupon by 48,700.0% during the first quarter. GAMMA Investing LLC now owns 5,856 shares of the coupon company’s stock valued at $1,100,000 after purchasing an additional 5,844 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.