What is Zacks Research’s Forecast for Groupon Q2 Earnings?

Groupon, Inc. (NASDAQ:GRPN) – Analysts at Zacks Research upped their Q2 2028 earnings estimates for Groupon in a report issued on Tuesday, June 23rd. Zacks Research analyst Team now forecasts that the coupon company will post earnings per share of $0.26 for the quarter, up from their prior estimate of $0.24. The consensus estimate for Groupon’s current full-year earnings is ($0.16) per share.

Groupon (NASDAQ:GRPN) last announced its quarterly earnings data on Thursday, May 7th. The coupon company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.30). The business had revenue of $117.20 million for the quarter, compared to analyst estimates of $117.65 million.

Several other equities analysts also recently commented on GRPN. Citigroup reiterated an “outperform” rating on shares of Groupon in a research note on Tuesday, June 9th. Northland Securities set a $26.00 target price on Groupon in a research note on Wednesday, May 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Groupon in a research report on Tuesday, June 9th. Wall Street Zen downgraded Groupon from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, The Goldman Sachs Group restated a “sell” rating and issued a $13.00 price objective (up from $10.00) on shares of Groupon in a research note on Tuesday, May 12th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.50.

Groupon Stock Up 6.7%

Groupon stock opened at $25.68 on Thursday. The firm has a 50 day moving average price of $17.79 and a 200-day moving average price of $15.25. Groupon has a twelve month low of $9.17 and a twelve month high of $43.08. The company has a market capitalization of $975.33 million, a P/E ratio of -9.84 and a beta of 0.22.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new position in shares of Groupon in the third quarter worth approximately $32,000. Quarry LP boosted its holdings in shares of Groupon by 48.1% in the 3rd quarter. Quarry LP now owns 1,938 shares of the coupon company’s stock worth $45,000 after purchasing an additional 629 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of Groupon during the 4th quarter valued at about $35,000. Raymond James Financial Inc. bought a new position in shares of Groupon during the 2nd quarter valued at about $69,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Groupon by 386.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,547 shares of the coupon company’s stock valued at $85,000 after buying an additional 2,023 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

About Groupon

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.