Zacks: Analysts Anticipate Groupon Inc (NASDAQ:GRPN) Will Announce Earnings of $0.18 Per Share

Analysts expect Groupon Inc (NASDAQ:GRPN) to post $0.18 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Groupon’s earnings, with the lowest EPS estimate coming in at $0.17 and the highest estimate coming in at $0.20. Groupon posted earnings of $0.10 per share during the same quarter last year, which suggests a positive year over year growth rate of 80%. The business is scheduled to report its next earnings results on Tuesday, February 11th.

According to Zacks, analysts expect that Groupon will report full year earnings of $0.24 per share for the current year, with EPS estimates ranging from $0.23 to $0.25. For the next financial year, analysts anticipate that the business will report earnings of $0.29 per share, with EPS estimates ranging from $0.26 to $0.31. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Groupon.

Groupon (NASDAQ:GRPN) last released its earnings results on Monday, November 4th. The coupon company reported $0.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. Groupon had a positive return on equity of 9.21% and a negative net margin of 2.21%. The business had revenue of $495.60 million for the quarter, compared to the consensus estimate of $523.71 million. During the same period in the previous year, the company posted $0.08 earnings per share. The company’s revenue for the quarter was down 16.4% compared to the same quarter last year.

Several research firms have commented on GRPN. ValuEngine raised Groupon from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. DA Davidson set a $5.00 target price on Groupon and gave the stock a “buy” rating in a report on Monday, September 9th. JPMorgan Chase & Co. downgraded Groupon from a “neutral” rating to an “underweight” rating and set a $3.00 target price on the stock. in a report on Wednesday, November 6th. BidaskClub raised Groupon from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Finally, Wedbush set a $3.50 target price on Groupon and gave the stock a “hold” rating in a report on Friday, September 27th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Groupon currently has a consensus rating of “Hold” and a consensus price target of $3.70.

Several hedge funds have recently bought and sold shares of the company. Par Capital Management Inc. raised its stake in shares of Groupon by 3.7% in the second quarter. Par Capital Management Inc. now owns 56,645,000 shares of the coupon company’s stock worth $202,789,000 after purchasing an additional 2,000,000 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Groupon by 3.1% in the second quarter. Vanguard Group Inc. now owns 43,010,256 shares of the coupon company’s stock worth $153,976,000 after purchasing an additional 1,277,016 shares during the last quarter. BlackRock Inc. raised its stake in shares of Groupon by 2.4% in the second quarter. BlackRock Inc. now owns 30,951,874 shares of the coupon company’s stock worth $110,808,000 after purchasing an additional 723,341 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Groupon by 9.3% in the third quarter. First Trust Advisors LP now owns 22,871,349 shares of the coupon company’s stock worth $60,838,000 after purchasing an additional 1,955,452 shares during the last quarter. Finally, Nuveen Asset Management LLC purchased a new position in shares of Groupon in the second quarter worth $66,614,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Groupon stock traded down $0.21 during mid-day trading on Friday, hitting $2.75. The company had a trading volume of 6,301,645 shares, compared to its average volume of 5,074,043. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.70. The stock’s 50 day moving average price is $2.91 and its two-hundred day moving average price is $3.03. Groupon has a 12 month low of $2.31 and a 12 month high of $3.98. The company has a market capitalization of $1.67 billion, a PE ratio of 30.56 and a beta of 1.34.

About Groupon

Groupon, Inc operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America and internationally. The company provides deals in various categories, including events and activities, beauty and spa, health and fitness, food and drink, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as discounted and market rates for hotel, airfare, and package deals.

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Earnings History and Estimates for Groupon (NASDAQ:GRPN)

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