Jefferies Group LLC Reiterates Hold Rating for Groupon Inc (GRPN)

Jay Anderson
May 18, 2017

Corporate insiders own 23.86% of the company's stock.

Historically, if we have a peek at price target revisions, Groupon Inc (NASDAQ:GRPN)'s price target was revised by the analysts two weeks back on 04/24/17 to set its target price at $4.81 where its twelve month high target price was set at $6.50 and low at $3 while demonstrating the standard deviation of 1.03. The Volatility was noted at 3.62% in recent month and it observed Weekly Volatility of 4.79%.

Groupon, Inc. (GRPN) has a 52-week high of $5.94 and a 52-week low of $2.92.

The stock diminished about -1.03% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well.

The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages.

Groupon (NASDAQ:GRPN) last issued its quarterly earnings data on Wednesday, May 3rd.

Last time, the company shocked Wall Street by reporting EPS of $0.01, smashing the consensus of $-0.01 per share. The Return on Equity (ROE) value stands at -57.9%. The business had revenue of $673.63 million during the quarter, compared to the consensus estimate of $721.93 million. Analysts are expecting EPS growth rates to be at -114.80% this quarter and EPS estimate for next year reflect a 62.26% growth rate.

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The volume of the particular stock is the shares bought and sold in a single trading day. The stock has an average rating of Hold and an average target price of $4.75. Following the transaction, the general counsel now directly owns 377,721 shares in the company, valued at approximately $1,356,018.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Brian Stevens sold 10,000 shares of Groupon stock in a transaction on Monday, March 13th.

The stock subtracted in the prior trading session by -1.17%, closing at the stock price of $3.39. Following the completion of the sale, the chief accounting officer now directly owns 194,775 shares of the company's stock, valued at $779,100. The disclosure for this sale can be found here. Insiders sold 359,107 shares of company stock valued at $1,469,758 over the last ninety days. Teacher Retirement System of Texas boosted its position in Groupon by 3.6% in the first quarter. Invictus RG now owns 28,782 shares of the coupon company's stock worth $113,000 after buying an additional 22,520 shares during the last quarter. SECOR Capital Advisors LP acquired a new stake in Groupon during the third quarter valued at approximately $265,000. SG Americas Securities LLC now owns 31,399 shares of the coupon company's stock valued at $123,000 after buying an additional 2,000 shares in the last quarter. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

Several analysts have recently issued reports on the stock. They set a neutral rating and a $4.00 target price for the company. Cowen and Company dropped their price target on Groupon from $4.00 to $3.00 and set an "underperform" rating on the stock in a research report on Thursday, May 4th.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Citigroup Inc started coverage on shares of Groupon in a research report on Monday, March 27th. It closed at $3.43 lastly.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Groupon, Inc. the EPS stands at 0.01 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.01, suggesting the stock exceeded the analysts' expectations. The company now has a consensus rating of "Hold" and an average target price of $4.75.

Technical Story of Groupon, Inc.

Groupon, Inc. operates online local commerce marketplaces around the world that connect merchants to clients by offering goods and services at a discount.

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