Equities research analysts predict that Quotient Technology Inc (NYSE:QUOT) will post earnings of ($0.01) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Quotient Technology’s earnings. The lowest EPS estimate is ($0.03) and the highest is $0.02. Quotient Technology reported earnings of $0.01 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 200%. The business is scheduled to issue its next earnings report on Wednesday, November 6th.
According to Zacks, analysts expect that Quotient Technology will report full-year earnings of ($0.02) per share for the current financial year, with EPS estimates ranging from ($0.07) to $0.03. For the next year, analysts forecast that the firm will post earnings of $0.05 per share, with EPS estimates ranging from ($0.01) to $0.10. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Quotient Technology.
Quotient Technology (NYSE:QUOT) last issued its quarterly earnings data on Tuesday, August 6th. The technology company reported ($0.06) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.03. The firm had revenue of $104.69 million for the quarter, compared to analysts’ expectations of $103.81 million. Quotient Technology had a negative net margin of 7.12% and a negative return on equity of 7.44%. The firm’s revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.05) EPS.
In other news, COO Chad Summe sold 10,000 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $10.24, for a total transaction of $102,400.00. Following the transaction, the chief operating officer now directly owns 185,147 shares in the company, valued at approximately $1,895,905.28. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Connie L. Chen sold 2,773 shares of the stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $11.90, for a total transaction of $32,998.70. Following the transaction, the insider now owns 236,244 shares in the company, valued at $2,811,303.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,588 shares of company stock worth $198,882. Insiders own 10.00% of the company’s stock.
Hedge funds have recently made changes to their positions in the company. Aperio Group LLC acquired a new stake in Quotient Technology in the second quarter valued at approximately $49,000. Bank of Montreal Can acquired a new stake in shares of Quotient Technology during the second quarter worth approximately $71,000. Advisor Group Inc. grew its position in shares of Quotient Technology by 16.9% during the second quarter. Advisor Group Inc. now owns 6,704 shares of the technology company’s stock worth $72,000 after buying an additional 967 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Quotient Technology during the first quarter worth approximately $95,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Quotient Technology during the second quarter worth approximately $108,000. Institutional investors and hedge funds own 70.93% of the company’s stock.
NYSE QUOT traded down $0.12 during trading hours on Friday, reaching $7.96. The company’s stock had a trading volume of 564,234 shares, compared to its average volume of 502,800. The stock has a market cap of $716.65 million, a PE ratio of -33.17 and a beta of 0.09. Quotient Technology has a fifty-two week low of $6.92 and a fifty-two week high of $15.80. The company’s 50-day moving average is $7.95 and its two-hundred day moving average is $9.75. The company has a debt-to-equity ratio of 0.53, a quick ratio of 3.41 and a current ratio of 3.41.
Quotient Technology Company Profile
Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.
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