Quotient Technology (QUOT) Receiving Somewhat Positive Media Coverage, Analysis Shows
Headlines about Quotient Technology (NYSE:QUOT) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Quotient Technology earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.0728792017942 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research firms have weighed in on QUOT. Bank of America reissued a “neutral” rating and set a $20.00 target price (up from $15.00) on shares of Quotient Technology in a report on Tuesday, October 10th. Royal Bank Of Canada reissued a “buy” rating and set a $17.00 target price on shares of Quotient Technology in a report on Friday, September 1st. DA Davidson began coverage on shares of Quotient Technology in a report on Wednesday, September 13th. They set a “buy” rating and a $18.00 target price on the stock. BidaskClub lowered shares of Quotient Technology from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Finally, ValuEngine lowered shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Thursday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $17.88.
Shares of Quotient Technology (NYSE QUOT) opened at $11.75 on Friday. Quotient Technology has a 12 month low of $9.10 and a 12 month high of $17.85.
Quotient Technology (NYSE:QUOT) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.10). Quotient Technology had a negative net margin of 5.17% and a negative return on equity of 4.96%. The firm had revenue of $81.95 million during the quarter, compared to the consensus estimate of $83.24 million. During the same period in the prior year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was up 23.3% compared to the same quarter last year. research analysts expect that Quotient Technology will post -0.14 earnings per share for the current fiscal year.
In other news, insider Steven R. Boal sold 411,799 shares of the company’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $16.78, for a total value of $6,909,987.22. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andrew J. Gessow acquired 5,000 shares of Quotient Technology stock in a transaction dated Thursday, November 16th. The stock was purchased at an average cost of $12.25 per share, for a total transaction of $61,250.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 1,166,783 shares of company stock worth $19,085,133. Insiders own 11.46% of the company’s stock.
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About Quotient Technology
Quotient Technology Inc is a provider of digital platform that enables consumer packaged goods (CPG) brands and retailers to engage shoppers through personalized and targeted promotions and media. Through the Company’s platform, CPGs and retailers are able to use online and in-store point-of-sale (POS) shopper data and analytics.
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