Analysts Set Groupon, Inc. (NASDAQ:GRPN) Price Target at $31.25

Shares of Groupon, Inc. (NASDAQ:GRPN) have been given an average rating of “Hold” by the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $31.25.

Several brokerages have recently commented on GRPN. Zacks Research downgraded shares of Groupon from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Wall Street Zen downgraded shares of Groupon from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Groupon in a research note on Monday, December 29th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GRPN. State of Alaska Department of Revenue bought a new position in Groupon in the 4th quarter valued at $423,000. Generali Investments CEE investicni spolecnost a.s. boosted its holdings in shares of Groupon by 147.7% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 528,089 shares of the coupon company’s stock worth $9,300,000 after buying an additional 314,896 shares during the last quarter. SG Americas Securities LLC grew its position in Groupon by 764.9% during the fourth quarter. SG Americas Securities LLC now owns 197,546 shares of the coupon company’s stock valued at $3,479,000 after buying an additional 174,705 shares during the period. FNY Investment Advisers LLC purchased a new stake in Groupon during the third quarter worth about $95,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Groupon in the third quarter worth about $32,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Groupon Stock Performance

Shares of Groupon stock opened at $14.15 on Tuesday. Groupon has a 52 week low of $9.21 and a 52 week high of $43.08. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 4.16. The business has a 50 day moving average price of $16.70 and a 200-day moving average price of $21.76. The company has a market cap of $576.75 million, a PE ratio of -4.05 and a beta of 0.02.

Groupon (NASDAQ:GRPN) last announced its quarterly earnings results on Thursday, November 6th. The coupon company reported ($2.92) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($2.93). Groupon had a negative return on equity of 717.37% and a negative net margin of 28.52%.The company had revenue of $122.83 million for the quarter, compared to the consensus estimate of $121.99 million. Equities analysts anticipate that Groupon will post -0.31 earnings per share for the current fiscal year.

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.