-$0.04 EPS Expected for Quotient Technology Inc (NYSE:QUOT) This Quarter

Analysts expect Quotient Technology Inc (NYSE:QUOT) to announce ($0.04) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Quotient Technology’s earnings. The highest EPS estimate is ($0.02) and the lowest is ($0.05). Quotient Technology posted earnings of $0.03 per share in the same quarter last year, which suggests a negative year over year growth rate of 233.3%. The firm is expected to issue its next earnings report on Tuesday, February 11th.

According to Zacks, analysts expect that Quotient Technology will report full-year earnings of ($0.08) per share for the current year, with EPS estimates ranging from ($0.09) to ($0.06). For the next financial year, analysts expect that the company will report earnings of $0.07 per share, with EPS estimates ranging from ($0.03) to $0.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Quotient Technology.

Quotient Technology (NYSE:QUOT) last posted its quarterly earnings data on Wednesday, November 6th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.01. The company had revenue of $114.83 million during the quarter, compared to analysts’ expectations of $109.73 million. Quotient Technology had a negative return on equity of 8.79% and a negative net margin of 7.53%. Quotient Technology’s revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.08) EPS.

Several research firms have recently weighed in on QUOT. First Analysis upgraded Quotient Technology from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from $11.00 to $13.00 in a research report on Thursday, November 7th. Dougherty & Co upgraded shares of Quotient Technology from a “neutral” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Monday, November 18th. Oppenheimer set a $10.00 price target on shares of Quotient Technology and gave the stock a “buy” rating in a research note on Monday, August 12th. ValuEngine upgraded shares of Quotient Technology from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 13th. Finally, Zacks Investment Research cut shares of Quotient Technology from a “hold” rating to a “sell” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $12.65.

QUOT stock traded up $0.02 during midday trading on Friday, reaching $10.57. The company’s stock had a trading volume of 417,379 shares, compared to its average volume of 617,950. The company has a debt-to-equity ratio of 0.57, a quick ratio of 3.15 and a current ratio of 3.15. The stock has a fifty day simple moving average of $9.68 and a two-hundred day simple moving average of $9.47. Quotient Technology has a 1 year low of $6.92 and a 1 year high of $12.80. The firm has a market capitalization of $930.83 million, a price-to-earnings ratio of -44.04 and a beta of 0.06.

In other Quotient Technology news, Director Andrew J. Gessow bought 5,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were acquired at an average price of $10.50 per share, with a total value of $52,500.00. Following the transaction, the director now owns 16,619 shares of the company’s stock, valued at approximately $174,499.50. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jason Young sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $8.16, for a total transaction of $61,200.00. Following the completion of the sale, the insider now owns 174,916 shares of the company’s stock, valued at approximately $1,427,314.56. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP bought a new position in shares of Quotient Technology during the first quarter valued at approximately $95,000. Fox Run Management L.L.C. bought a new stake in Quotient Technology during the 2nd quarter valued at $108,000. SG Americas Securities LLC boosted its position in Quotient Technology by 39.6% during the 2nd quarter. SG Americas Securities LLC now owns 56,463 shares of the technology company’s stock valued at $606,000 after acquiring an additional 16,007 shares in the last quarter. Aperio Group LLC bought a new stake in Quotient Technology during the 2nd quarter valued at $49,000. Finally, Advisor Group Inc. increased its holdings in shares of Quotient Technology by 16.9% in the 2nd quarter. Advisor Group Inc. now owns 6,704 shares of the technology company’s stock valued at $72,000 after acquiring an additional 967 shares during the period. 69.15% of the stock is owned by hedge funds and other institutional investors.

About Quotient Technology

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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