Groupon (NASDAQ:GRPN) announced its quarterly earnings data on Wednesday. The coupon company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02), Bloomberg Earnings reports. The firm had revenue of $873.17 million during the quarter, compared to analysts’ expectations of $853.13 million. Groupon had a negative net margin of 2.97% and a negative return on equity of 1.47%. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 EPS.

Shares of Groupon (NASDAQ GRPN) traded up $0.06 on Wednesday, hitting $5.20. The company’s stock had a trading volume of 24,794,199 shares, compared to its average volume of 9,442,891. Groupon has a twelve month low of $2.90 and a twelve month high of $5.99. The firm has a market cap of $2,870.19, a P/E ratio of -34.66, a PEG ratio of 27.05 and a beta of 1.47. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.99.

In other Groupon news, Director Eric P. Lefkofsky sold 1,500,000 shares of the firm’s 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Brian Stevens sold 20,000 shares of the firm’s 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 sale, the chief accounting officer now directly owns 222,354 shares of the company’s stock, valued at $1,269,641.34. The disclosure for this sale can be found here. 23.40% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Groupon by 8.1% during the 2nd quarter. Vanguard Group Inc. now owns 32,453,440 shares of the coupon company’s stock worth $124,620,000 after purchasing an additional 2,430,907 shares during the last quarter. BlackRock Inc. increased its position in shares of Groupon by 3.6% during the 4th quarter. BlackRock Inc. now owns 22,722,720 shares of the coupon company’s stock worth $115,886,000 after purchasing an additional 789,380 shares during the last quarter. Allianz Asset Management GmbH increased its position in shares of Groupon by 28.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 8,925,535 shares of the coupon company’s stock worth $46,413,000 after purchasing an additional 1,989,085 shares during the last quarter. State Street Corp increased its position in shares of Groupon by 38.2% during the 2nd quarter. State Street Corp now owns 8,827,043 shares of the coupon company’s stock worth $33,898,000 after purchasing an additional 2,440,783 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD increased its position in shares of Groupon by 40.2% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 8,451,180 shares of the coupon company’s stock worth $43,946,000 after purchasing an additional 2,421,825 shares during the last quarter. 59.81% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have weighed in on GRPN shares. Vetr upgraded Groupon from a “hold” rating to a “strong-buy” rating and set a $6.79 price objective on the stock in a report on Tuesday, December 12th. Goldman Sachs Group upgraded Groupon from a “sell” rating to a “neutral” rating and set a $5.40 price objective on the stock in a report on Wednesday, January 17th. Piper Jaffray Companies restated an “overweight” rating and issued a $6.25 price objective (up previously from $5.50) on shares of Groupon in a report on Wednesday, November 1st. B. Riley restated a “buy” rating and issued a $6.30 price objective on shares of Groupon in a report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded Groupon from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective on the stock in a report on Monday, November 6th. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $5.06.

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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).

Earnings History for Groupon (NASDAQ:GRPN)

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