Zacks Research Estimates Groupon’s Q1 Earnings (NASDAQ:GRPN)

Groupon, Inc. (NASDAQ:GRPN) – Analysts at Zacks Research increased their Q1 2027 EPS estimates for Groupon in a research note issued to investors on Thursday, August 27th. Zacks Research analyst Team now anticipates that the coupon company will post earnings of $0.05 per share for the quarter, up from their prior forecast of $0.04. The consensus estimate for Groupon’s current full-year earnings is ($0.14) per share.

GRPN has been the subject of a number of other research reports. Citigroup reissued an “outperform” rating on shares of Groupon in a report on Tuesday, June 9th. Northland Securities set a $30.00 price target on Groupon in a research report on Monday, August 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Groupon in a research note on Tuesday, June 9th. The Goldman Sachs Group restated a “sell” rating and issued a $22.00 price objective on shares of Groupon in a report on Monday, August 10th. Finally, Wall Street Zen raised shares of Groupon from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $26.00.

Groupon Trading Down 1.8%

GRPN stock opened at $19.18 on Tuesday. Groupon has a 12-month low of $9.17 and a 12-month high of $29.90. The business’s 50-day moving average is $23.99 and its 200 day moving average is $17.76. The stock has a market cap of $780.05 million, a price-to-earnings ratio of -6.17 and a beta of 0.23.

Groupon (NASDAQ:GRPN) last released its quarterly earnings results on Thursday, August 6th. The coupon company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02. The company had revenue of $124.67 million for the quarter, compared to analyst estimates of $127.09 million.

Hedge Funds Weigh In On Groupon

Large investors have recently modified their holdings of the business. Versant Capital Management Inc lifted its stake in shares of Groupon by 92.7% in the 2nd quarter. Versant Capital Management Inc now owns 1,299 shares of the coupon company’s stock valued at $31,000 after purchasing an additional 625 shares during the last quarter. Quarry LP increased its position in shares of Groupon by 48.1% during the 3rd quarter. Quarry LP now owns 1,938 shares of the coupon company’s stock worth $45,000 after purchasing an additional 629 shares during the last quarter. Royal Bank of Canada increased its position in shares of Groupon by 10.6% during the 1st quarter. Royal Bank of Canada now owns 7,618 shares of the coupon company’s stock worth $90,000 after purchasing an additional 731 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Groupon in the 3rd quarter valued at about $32,000. Finally, Franklin Resources Inc. raised its holdings in Groupon by 6.9% in the 4th quarter. Franklin Resources Inc. now owns 21,340 shares of the coupon company’s stock valued at $376,000 after buying an additional 1,377 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Groupon Company Profile

Groupon, Inc operates an online marketplace that connects subscribers with local merchants offering discounted goods, services and experiences. Through its website and mobile applications, Groupon provides time-limited deals across categories such as restaurants, travel, beauty and wellness, home services, and consumer products. Merchants partner with Groupon to attract new customers and drive foot traffic, leveraging the platform’s targeted marketing tools and large subscriber base to promote special offers and vouchers.

Founded in Chicago in 2008 by Andrew Mason, Eric Lefkofsky and Brad Keywell, Groupon pioneered the daily-deals model, quickly growing its user community and merchant network.