Groupon, Inc. Earnings Ahead: Quick Glance

Andrew Cummings
May 3, 2017

Traders acquired 1,376 call options on the stock.

Shares in voucher website Groupon plummeted more than 15 per cent in early trading in NY after it unveiled a first-quarter loss. The stock plummeted -0.25 percent over the past month and ross 18.07 percent year-to-date. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Over the past week, the company showed volatility of 2.15%. The current share price indicates that stock is -32.66% away from its one year high and is moving 36.99% ahead of its 52-week low. The stock now has a consensus rating of "Hold" and an average target price of $4.97. Institutional investors own 59.44% of the company's stock.

Groupon said it had racked up an operating loss of $24,400 during the period, up from a $42,100 loss in the first quarter of previous year - but down from the $12,000 profit it reported in the final quarter of 2016. Comparatively, Groupon, Inc. posted earnings of $0 per share in the same quarter past year. The firm had revenue of $934.90 million for the quarter, compared to analyst estimates of $914.17 million. Groupon had a negative net margin of 6.03% and a negative return on equity of 29.46%. The coupon company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. During the same period a year ago, the firm posted $0.04 earnings per share. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.06 on scale of 1-5.

A number of brokerages recently issued reports on GRPN.

Relative strength index (RSI-14) for Groupon, Inc. Loop Capital restated a "hold" rating on shares of Groupon in a research report on Wednesday, April 19th.

Shares of Groupon (NASDAQ:GRPN) traded up 1.27% during midday trading on Tuesday, reaching $4.00.

The stock's price switched up 4.75% 20-Days Simple Moving Average, dropped -0.12% from 50-Days Simple Moving Average and fell -7.13% from 200 Days Simple Moving Average. Buy rating has been given by 9 analysts to the company stock whereas 2 analysts given UNDERPERFORM rating to stock and 7 analysts given HOLD rating. If you are viewing this article on another website, it was stolen and reposted in violation of United States and global trademark and copyright laws. The legal version of this piece can be read at Inc. boosted its stake in shares of Groupon by 81.1% in the third quarter. The shares were sold at an average price of $4.26, for a total transaction of $400,303.68. Following the transaction, the chief accounting officer now directly owns 194,775 shares of the company's stock, valued at $779,100. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

In other news, CAO Brian Stevens sold 10,000 shares of the company's stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $4.20, for a total value of $787,021.20. Following the sale, the director now directly owns 116,923 shares in the company, valued at approximately $491,076.60.

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