Groupon (GRPN) Given News Impact Score of 0.15
Media headlines about Groupon (NASDAQ:GRPN) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Groupon earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the coupon company an impact score of 43.5688850266009 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Groupon (GRPN) Up 3.5% Since Earnings Report: Can It Continue? (finance.yahoo.com)
- Groupon Inc (NASDAQ:GRPN) Shifting Institutional Investors Sentiment (iphonefresh.com)
- ETFs with exposure to Groupon, Inc. : September 9, 2017 (finance.yahoo.com)
- Insider Selling: Groupon, Inc. (GRPN) Director Sells 1,500,000 Shares of Stock (americanbankingnews.com)
- Groupon, Inc. (GRPN) Director Sells $3,300,000.00 in Stock (americanbankingnews.com)
Several research firms recently weighed in on GRPN. Wedbush reissued a “positive” rating and set a $4.08 price objective (down previously from $4.50) on shares of Groupon in a research report on Wednesday, August 23rd. Barclays PLC reissued an “underweight” rating and set a $3.85 price objective (up previously from $3.40) on shares of Groupon in a research report on Wednesday, August 9th. B. Riley reissued a “buy” rating and set a $5.50 price objective on shares of Groupon in a research report on Tuesday, August 8th. UBS AG reissued a “sell” rating and set a $3.10 price objective (up previously from $2.85) on shares of Groupon in a research report on Thursday, August 3rd. Finally, BidaskClub raised Groupon from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $4.57.
Shares of Groupon (GRPN) opened at 4.38 on Monday. Groupon has a 52-week low of $2.90 and a 52-week high of $5.53. The company’s 50-day moving average price is $4.05 and its 200-day moving average price is $3.78. The company’s market capitalization is $2.44 billion.
Groupon (NASDAQ:GRPN) last announced its quarterly earnings data on Wednesday, August 2nd. The coupon company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.06. Groupon had a negative net margin of 4.16% and a negative return on equity of 13.08%. The business had revenue of $662.60 million during the quarter, compared to the consensus estimate of $668.84 million. During the same period in the previous year, the business earned ($0.01) earnings per share. The company’s revenue was down 8.5% on a year-over-year basis. Equities research analysts forecast that Groupon will post $0.12 EPS for the current fiscal year.
In other Groupon news, CAO Brian Stevens sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $4.04, for a total transaction of $40,400.00. Following the completion of the transaction, the chief accounting officer now directly owns 215,696 shares in the company, valued at $871,411.84. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider James Sullivan sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $3.96, for a total transaction of $99,000.00. Following the transaction, the insider now owns 343,353 shares of the company’s stock, valued at $1,359,677.88. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,847,719 shares of company stock valued at $12,252,767. Company insiders own 23.40% of the company’s stock.
Groupon, Inc operates online local commerce marketplaces around the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its international operations (Rest of World).
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