Somewhat Favorable News Coverage Somewhat Unlikely to Affect Quotient Technology (QUOT) Share Price
News stories about Quotient Technology (NYSE:QUOT) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quotient Technology earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.0688818980161 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research firms have recently commented on QUOT. ValuEngine cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Thursday, November 30th. BidaskClub cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Bank of America restated a “neutral” rating and set a $20.00 price target (up from $15.00) on shares of Quotient Technology in a report on Tuesday, October 10th. First Analysis began coverage on shares of Quotient Technology in a report on Monday, October 9th. They set an “overweight” rating and a $21.00 price target on the stock. Finally, Dougherty & Co restated a “buy” rating and set a $20.00 price target (up from $16.00) on shares of Quotient Technology in a report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $17.88.
Quotient Technology (QUOT) opened at $12.10 on Friday. Quotient Technology has a fifty-two week low of $9.10 and a fifty-two week high of $17.85.
Quotient Technology (NYSE:QUOT) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.12) EPS for the quarter, missing the 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 company had revenue of $81.95 million for the quarter, compared to analysts’ expectations of $83.24 million. During the same quarter in the prior year, the firm earned ($0.13) earnings per share. The company’s revenue was up 23.3% on a year-over-year basis. analysts forecast that Quotient Technology will post -0.14 earnings per share for the current year.
In other Quotient Technology news, Director Andrew J. Gessow acquired 5,000 shares of Quotient Technology stock in a transaction that occurred on Thursday, November 16th. The stock was acquired at an average price of $12.25 per share, with a total value of $61,250.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Steven R. Boal sold 411,799 shares of Quotient Technology stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $16.78, for a total transaction of $6,909,987.22. The disclosure for this sale can be found here. In the last ninety days, insiders sold 866,783 shares of company stock valued at $14,527,992. 11.46% of the stock is owned by company insiders.
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Quotient Technology Company Profile
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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