Groupon, Inc. (NASDAQ:GRPN) moved up 6.18% and closed its last trading session at $3.78.
Groupon has been on a long road to trying to fix its business, after once being feted as a hot startup, blasting off in a hot IPO, and then crashing and burning as the reality of the its business set in: that daily deals are not almost as constant and strong a market as many thought they would be. The Average Volume for the stock is measured as 11.93 Million. At present, the stock is -22.90% separated from the 52 week high and 56.85% from the low. The Return on Investment (ROI) is at -11.5% while it's Return on Equity (ROE) value stands at -48.5%.
Currently, GRPN is a #3 (Hold) on the Zacks Rank, and is up nearly 14% year-to-date.
Brokerages gave price target of $4.957 taking clue from 13 calls. First Midwest Bank Trust Division purchased a new stake in shares of Groupon during the third quarter valued at approximately $103,000. The stock is showing its Operating Margin of -3.9 percent.
The biggest star of Groupon's earnings report was its Q4 sales. During the same quarter in the previous year, the company posted $0.05 EPS.
Since then, shares have continued to trade down, at times dropping below $4. The obligation for firms in the U.S.to post earnings report quarterly has appropriately been listed "quarteritis" and brought vast pressure on management to get acceptable EPS performance.
After a recent spot-check, Groupon, Inc.More news: Raptors acquire Serge Ibaka from Magic for Ross, 1st-round pick
Going out even further, the 200-Day Simple Moving Average is recorded 10.75% away from the current share price.
Groupon, Inc. operates a shopping website which offers goods and services at a discount in North America and internationally. (NASDAQ:GRPN) to Outperform with no specific Price Target on 10/17/16.
CoreCivic, Inc. (NYSE:CXW) reported a key measure of profitability in its fourth quarter.
Groupon, Inc. (NASDAQ:GRPN) gained 6.18% to reach at the trading price of $3.78 as it is set to release its next quarterly earnings report on February 15, 2017. On seventh day of the earnings report price change of the stock was down -26.41%. The Next Day Volume after Earnings was reported as 43.65 Million. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. The coupon company reported $0.07 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.04. The company posted a positive surprise factor of 60.00% by 0.03. On next day when data was publically announced, the stock's closing price was $3.62 with -18.28% decline in its share price.
Groupon benefited from its purchase of rival LivingSocial during the quarter, despite the fact that investors initially shunned the deal, evidenced by a selloff in Groupon shares of as much as 9% after the deal was announced in after-hours trade on October 26.
Several sell side analysts reviewed their recommendations on Groupon, Inc.