Piper Jaffray Companies reissued their overweight rating on shares of Groupon (NASDAQ:GRPN) in a research note issued to investors on Tuesday. The brokerage currently has $6.25 price target on the coupon company’s stock.

A number of other equities research analysts also recently weighed in on GRPN. Vetr downgraded Groupon from a buy rating to a hold rating and set a $6.09 price target for the company. in a report on Monday. Wedbush reiterated a positive rating and issued a $4.08 price target (down from $4.50) on shares of Groupon in a report on Wednesday, August 23rd. Cowen upgraded Groupon from an underperform rating to a market perform rating and boosted their price target for the company from $2.90 to $5.38 in a report on Monday, October 16th. DA Davidson reiterated a buy rating on shares of Groupon in a report on Thursday, November 30th. Finally, Gabelli began coverage on Groupon in a report on Tuesday, October 17th. They issued a buy rating and a $7.00 price target for the company. Six analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company’s stock. Groupon presently has a consensus rating of Hold and an average target price of $5.02.

Shares of Groupon (GRPN) traded down $0.20 on Tuesday, hitting $5.31. The company’s stock had a trading volume of 7,674,000 shares, compared to its average volume of 8,685,854. Groupon has a one year low of $2.90 and a one year high of $5.99. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.99.

Groupon (NASDAQ:GRPN) last announced its earnings results on Wednesday, November 1st. The coupon company reported $0.01 earnings per share (EPS) for the quarter. Groupon had a negative return on equity of 1.47% and a negative net margin of 2.97%. The company had revenue of $634.46 million for the quarter, compared to analyst estimates of $642.62 million. During the same period in the prior year, the company posted ($0.01) EPS. Groupon’s quarterly revenue was down 7.6% on a year-over-year basis. sell-side analysts expect that Groupon will post -0.02 earnings per share for the current fiscal year.

In other news, Director Eric P. Lefkofsky sold 1,500,000 shares of the stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $5.77, for a total value of $8,655,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Brian Stevens sold 20,000 shares of the stock in a transaction on Friday, November 24th. The stock was sold at an average price of $5.71, for a total value of $114,200.00. Following the completion of the transaction, the chief accounting officer now directly owns 222,354 shares of the company’s stock, valued at approximately $1,269,641.34. The disclosure for this sale can be found here. In the last three months, insiders sold 1,570,000 shares of company stock valued at $9,023,950. Company insiders own 23.40% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Aperio Group LLC lifted its holdings in shares of Groupon by 4.6% in the second quarter. Aperio Group LLC now owns 28,844 shares of the coupon company’s stock valued at $111,000 after buying an additional 1,268 shares during the period. Suntrust Banks Inc. lifted its holdings in shares of Groupon by 2.0% in the second quarter. Suntrust Banks Inc. now owns 65,767 shares of the coupon company’s stock valued at $252,000 after buying an additional 1,272 shares during the period. Voya Investment Management LLC lifted its holdings in shares of Groupon by 1.9% in the second quarter. Voya Investment Management LLC now owns 152,428 shares of the coupon company’s stock valued at $585,000 after buying an additional 2,911 shares during the period. Balyasny Asset Management LLC lifted its holdings in shares of Groupon by 1.4% in the second quarter. Balyasny Asset Management LLC now owns 416,325 shares of the coupon company’s stock valued at $1,599,000 after buying an additional 5,821 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Groupon by 14.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 58,487 shares of the coupon company’s stock valued at $225,000 after buying an additional 7,407 shares during the period. 60.04% of the stock is owned by institutional investors.

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Groupon Company Profile

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).

Analyst Recommendations for Groupon (NASDAQ:GRPN)

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